More and more companies now understand the importance of giving proper training to their employees. Companies that invest in employee training enjoy 24% higher profit margin as compared to companies who don’t. Not only giving proper employee training to your employees help in achieving better profit margin for companies but also help a lot in employee retention as 40% of employees with poor training leave their jobs within the first year. Companies that often send their employees on training courses have 37% higher productivity rate and 21% income increase per employee. Check out out infographic on the importance of employee training for latest statistics and trends.
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40% of Employees with Poor Training Leave Their Jobs Within the First Year Whereas 72% of Employees Even Think of Financially Contributing to Their Own Training
42% of companies said they had increased their training budget from the previous year, while 43% said it remained the same.
84% of employees at the best performing organizations are receiving the training they need compared to only 16% at the worst performing ones.
68% of workers said training and development is the most important workplace policy
35% of employers said on-the-job training enhanced employee morale in their organizations
Employees who say their company has “poor” training opportunities are more than three times as likely to want to leave their job compared to those whose organizations have “excellent” training programs (41% to 12%).
25% of companies admitted that their onboarding program does not include any form of training, which leads to a loss of 60% of a company’s entire workforce.
65% of employees say that training and development positively affects their attitude about their job
Companies that often send their employees on training courses have 37% higher productivity rate and 21% income increase per employee
