{"id":7340,"date":"2017-05-24T16:24:13","date_gmt":"2017-05-24T13:24:13","guid":{"rendered":"https:\/\/www.talentlms.com\/blog\/?p=7340"},"modified":"2026-02-27T12:33:47","modified_gmt":"2026-02-27T10:33:47","slug":"how-why-employee-training-leads-business-growth","status":"publish","type":"post","link":"https:\/\/www.talentlms.com\/blog\/how-why-employee-training-leads-business-growth\/","title":{"rendered":"Why and How Does Employee Training Lead to Business Growth"},"content":{"rendered":"

Expenses. They just keep popping up. You find yourself adding item after item until your expense list becomes so long that it makes War and Peace look like a casual bedtime story.<\/span><\/p>\n

<\/p>\n

And budgets? Well, budgets are never quite big enough to cover all of the expenses!<\/span><\/p>\n

So why, when your budget is already tight, would you add <\/span>staff training and development<\/b> to the expense list? Why pull your hair out looking for ways to train and upskill staff, when you could be focusing on things like technology or recruitment, that help with <\/span>business growth<\/span>?<\/span><\/p>\n

Well, technology and recruitment are important.<\/strong> But what differentiates staff training from other expenses is that it\u2019s not actually an expense at all. Puzzled? Here is a simple example.<\/span><\/p>\n

You buy an apple tree. The tree has one apple in its first season. Every week you turn the soil around the tree and add fertilizer, and every season, the tree produces more apples. By the fifth season, through constant care and a whole lot of fertilizer, your tree is able to produce <\/span>dozens<\/span><\/i> of apples.<\/span><\/p>\n

You see, staff training and development is not so much a cost as it is an <\/span>investment <\/span><\/i>in the growth of your people. \u00a0<\/span>And when your people grow, you experience <\/span>business growth<\/span>.<\/span><\/p>\n

Staff training is an investment<\/b> that pays off in so many different ways, not only for employees but for<\/span> business growth too. To show you what we mean, we\u2019ve picked the top five ways in which <\/span>training for employees in companies<\/b> enables <\/span>business growth<\/span>.<\/span><\/p>\n

Training Attracts the Right People<\/span><\/h2>\n

With business growth<\/strong> comes the need to find and recruit new people to the team<\/strong>, and it becomes an increasing challenge. What every business aims for is someone who is well suited, not only to the job but also to the organizational culture<\/strong>.<\/span><\/p>\n

The good news is that a business with a culture known for learning and development, recognized for its frequent training opportunities, often attracts people who <\/span>want<\/span><\/i> to learn. The promise for future training opportunities becomes viewed as something of an \u2018employment benefit\u2019.<\/span><\/p>\n

And who wouldn\u2019t want a team of people who are willing and eager to learn, grow and improve with the needs of the business?<\/span><\/p>\n

So, why go searching for the perfect candidate, when proactively training and developing your staff can make the right people come to <\/strong><\/span>you?<\/strong><\/p>\n

Training Retains the Right People<\/span><\/h2>\n

Okay, so maybe you\u2019re thinking, \u201cBut we already have all of the best people on board. Our team is fantastic\u201d. \u00a0And you might just be right.<\/span><\/p>\n

However, the challenge is not always in attracting the best talent, but in also <\/span>retaining<\/span><\/i> it. In fact, the\u00a0<\/span>millennial-rich<\/a><\/strong> workforce of today<\/span> struggles to last even 5 years<\/a><\/strong> in the same job.<\/span><\/p>\n

The modern day employee wants to keep learning new skills, discovering new technologies, and acquiring new knowledge to keep up with the changing times. And if they can\u2019t, then they become bored, disengaged, resentful even, until they move on to a competitor with more exciting career challenges.<\/span><\/p>\n

And then you\u2019re left with the cost of replacing them. This doesn\u2019t sound like <\/span>business growth<\/span>, does it?<\/span><\/p>\n

Training and development opportunities fulfill employees\u2019 need to keep growing. So by investing in <\/span>employee training <\/b><\/a>programs, not only are you <\/span>attracting<\/span><\/i> the right kind of people, but you\u2019re also making them want to stick around for longer.<\/span><\/p>\n

This provides a competitive advantage \u2013 by keeping the best employees on board \u2013 and also saves you the cost of recruiting, selecting, and onboarding new (replacement) employees.<\/span><\/p>\n

Now, you\u2019re probably asking yourself, \u201cWhat if I \u201cinvest\u201d in staff training, and then they leave the company? Won\u2019t I lose that investment?\u201d A valid concern.<\/span><\/p>\n

But ask yourself another question. If your employees <\/span>aren\u2019t<\/span><\/i> eager to develop themselves, then are they the kind of people that you want to\u00a0<\/span>retain<\/a><\/strong>, anyway? No, we didn\u2019t think so.<\/span><\/p>\n

Training Transforms Inexperienced Employees<\/span><\/h2>\n

You think you\u2019ve found the perfect candidate!<\/span><\/p>\n

She\u2019s got the qualification, top scores on the competency test<\/strong><\/a>, and a personality assessment that makes you believe she was born for this job. What\u2019s more is that the team loves her.<\/span><\/p>\n

And then comes the blow, the moment you realize that there\u2019s nothing but a blank space under the section labeled \u2018Experience\u2019 on her CV.<\/span><\/p>\n

Failing to hire based on lack of experience could be one of the greatest missed opportunities of all time<\/strong> because employees without prior experience have no old habits to unlearn. And with the current rate of technological advancement, sometimes there simply <\/span>are<\/span><\/i> no people with the right skills or experience yet… they haven\u2019t had the time or opportunity to develop them.<\/span><\/p>\n

Through <\/span>employee training programs for team building, technology, and so much more, these employees can quickly gain the skills and experience that they need to become positive, productive additions to your team and add to your <\/strong><\/span>business growth in a very real way.<\/strong><\/p>\n

Training Creates an Agile Team<\/span><\/h2>\n

As technology advances, information becomes limitless, and innovation knows no boundaries, companies find themselves fighting for survival<\/strong> in what feels like the latest sequel of The Fast And The Furious. Those who keep up are those who act with intent and embrace changes in technology, science, and business practices as and when they arise.<\/span><\/p>\n

But a company is only as agile as its people. This is <\/span>the importance of employee training and development<\/a><\/b>. \u00a0<\/span><\/p>\n

Companies with agility boast a<\/span> learning culture, where the constant training and development of new skills and knowledge creates a well-rounded, flexible team with the ability to adapt to changing market needs – and quickly.<\/span><\/p>\n

By equipping employees with the latest skills and knowledge to meet their performance targets, the organization holds an inimitable competitive advantage for <\/span>business growth<\/span> – its talented, ever-improving people.<\/span><\/p>\n

Training Develops Employee Satisfaction and Engagement<\/span><\/h2>\n

We\u2019ve all heard the saying, \u201cHappy employees are productive employees\u201d. But this is not <\/span>just<\/span><\/i> a saying. And companies as large as\u00a0<\/span>Coca-Cola<\/a><\/strong> have come to realize this.<\/span><\/p>\n

It\u2019s sad to note that as many as 80% of employees never reach their full potential, and 4 out of every 10 employees<\/span> feel disengaged at work<\/a><\/strong>. This, of course, has a knock-on effect on their performance, health, and overall productivity.<\/span><\/p>\n

And we would all agree that disengaged, unhealthy and unproductive employees are not good for <\/span>business growth.<\/span><\/p>\n

Investing in <\/span>training programs makes employees feel fulfilled challenged, and valued, which in turn boosts their job satisfaction and engagement<\/strong><\/a>. This often leads to improved performance, productivity, and\u00a0<\/span>reduced absenteeism. Shall we continue?<\/span><\/p>\n

The Measurable Benefits of Employee Training<\/span><\/h2>\n

By now you\u2019re starting to understand <\/span>why companies should invest in training and development<\/b>.<\/span><\/p>\n

Training increases employee productivity and reduces costs in recruitment, onboarding<\/a><\/strong>, turnover, and absenteeism. Training also improves employee engagement, satisfaction, and their performance in adapting to an advancing competitive landscape.<\/span><\/p>\n

But you\u2019re wondering how you would go about measuring the return on that investment.<\/span><\/p>\n

The good news is that there are multiple, tangible measurements of training outcomes, depending on what you\u2019re measuring.<\/span><\/p>\n

For knowledge, skill or competency-based training, the most obvious outcome would be improved sales, performance or productivity. Improvements attributed to training can be measured through pre and post-tests, sales figures and changes in output.<\/span><\/p>\n

For indirect benefits, such as<\/span> employee satisfaction<\/strong><\/a> and engagement<\/span>, self-report surveys and qualitative feedback can provide valuable insights into how much your employees\u2019 value the opportunity for development.<\/span><\/p>\n

And then, of course, there are retention rates (or staff turnover rates), which are a useful indication of how challenged and engaged employees feel in their jobs.<\/span><\/p>\n

Investing in the Best Kind of Training<\/span><\/h2>\n

Staples are an expense. Paper, is an expense. And although it\u2019s something most businesses cannot do without, even coffee is an expense. But unlike these expenses that we so willingly concede to, <\/span>staff training and development<\/b> is an <\/span>investment<\/span><\/i>.<\/span><\/p>\n

But how do you ensure that you are investing in the best kind of training, with the maximum kind of return? How do you identify feasible training programs that will engage employees and visibly improve their performance?<\/span><\/p>\n

Your audience and training objectives will always dictate the type of training investment.<\/strong> But<\/span> eLearning<\/a><\/strong> is fast gaining interest as one of the most cost-effective, quality-effective forms of training in the 21<\/span>st<\/span> Century.<\/span><\/p>\n

By choosing a reputable, user-friendly<\/span> Learning Management System (LMS) and following a<\/span> few simple steps for designing a great eLearning course, you\u2019ll be on the road to high returns before you can say \u201cexpense\u201d.<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Expenses. They just keep popping up. You find yourself adding item after item until your expense list becomes so long that it makes War and Peace look like a casual bedtime story.<\/p>\n","protected":false},"author":9,"featured_media":7342,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[252],"tags":[168,91],"class_list":["post-7340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interviews-opinions","tag-corporate-training","tag-employee-training"],"acf":[],"yoast_head":"\n6 Undeniable Ways How Employee Training Helps Your Business Grow<\/title>\n<meta name=\"description\" content=\"Wondering how helping your employees improve will help your business grow? 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