Ways And Benefits Of Investing In Your Employees
Henry Ford had once said, “The only thing worse than training your employees and having them leave is not training them and having them stay.” In order to ensure continuous improvement, companies must not deal with employee development as a one-time task but rather as an ongoing project that requires continuous investment.
There are various ways in which companies can invest in their employees*:
- Assist With Personal Branding
- Pay For Certifications
- Increase Employee Networks
- Offer Personal and Professional Development
- Create Team Building Activities
- Offer Investment Opportunities – like stock options
- Offer Perks & Benefits
- Provide In-house Training
- Build Leadership Skills
- Pay For Up-To-Date Technology
- Help Employees Pursue Their Career Path
Even though, investing in your employees is costly, it yields many benefits. Investing in your employees can*:
- Increase employee satisfaction
- Increase employee retention
- Create employee loyalty
- Boost company’s reputation
- Build skill sets
- Increase engagement in the workplace
- Boost the bottom line
- Ensure future growth and long term success
- Attract top recruits
- Create a sustainable workforce
- Increase employee morale
- Create a positive company culture
*https://www.jobmonkey.com/employer-insights/invest-employees/
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