Training can help businesses reduce long term costs

Businesses may be able to save money in the long term by investing in employee training, it has been claimed.

Writing for Business 2 Community, Edel Flood said the initial costs associated with running a development programme can be quickly recouped.

These can seem "like small fry" compared with the benefits the company will enjoy by retaining highly-skilled workers who are happy in their jobs.

Delivering training may help them feel like a valued part of the organisation, she claimed.

The alternative is "having to fork out large sums to hire new staff when dissatisfied employees who think they’re not seeing enough professional development leave".

"Don’t forget that the training can be as targeted as you’d like it to be to increase the advantages further," Ms Flood stated.

"A session offering advice on time management, for example, can boost efficiency in several ways if attendees take something away from it and put what they’ve learned into practice".

Posted by Steve Moore

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