Educating Your Employees: It’s Good For Everyone

Raffa Financial ServicesRaffa Financial Services on 10/31/2019

You hire your employees for their knowledge, skills, and winning personalities. But then what?  

Do you plunk them in their positions and assume they will continue to thrive indefinitely? If you’re a busy employer, HR manager, or supervisor, this may sound tempting. But today’s cutting-edge capabilities can quickly turn into yesterday’s news. Before you know it, your trailblazing new hires could be left in the dust. 

Now think about the kind of team you could have if you constantly offered your employees ways to expand their knowledge, update their skills, and continue to develop, both professionally and personally. 

It’ll pay off 

Employee education and training are vital components of any organization. Making sure your employees are constantly improving is critical to keeping up with the speed of business.  

Companies that provide consistent educational opportunities often experience lower turnover, along with increased retention and engagementAnd who wouldn’t like a little bit of that? 

Will they use it? 

One concern about offering these opportunities is that no one will actually take advantage of them, or that you’ll be talking to an empty room. Because employers often offer education for free or at reduced rates and don’t penalize employees for missing time from work, it removes the most common barriers to participation. 

Professional development comes in all shapes and sizes, and there are a variety of ways to incorporate employee education into your organization 

If you like the idea of in-house training, consider putting together a series of webinars, lunch and learns, and/or hosting training sessionsIf you’d prefer to outsource, there are many options, including conferences, retreats, seminars, and even classes at local colleges.  

If you’re still unsure about it, ask around. You may be surprised at how many of your colleagues and employees are interested in learning something new.  

Get creative 

Educational programs don’t need to be focused solely on job functions and processes. After all, we’re talking about expanding horizons here. Sessions can cover a wide range of topics, including: 

  • Leadership development 
  • Diversity and inclusion 
  • Time management 
  • Communication 
  • Team building 
  • Decision making 
  • Conflict resolution 
  • Creativity 

Training and development can have a high rate of return, benefitting the company's bottom line as well as employee productivity.  

Employees value educational opportunities because they demonstrate their employer’s appreciation and commitment, as well as a willingness to invest in their personal and career development 

Meanwhile, there are many less obvious - but equally powerful - benefits that can come with implementing employee education programs.  

Uncovering new talent 

Training programs will provide the obvious benefit of helping those who need a boost in certain skills the opportunity to improve. But they can also identify unknown strengths. Didn’t realize that customer service agent was an Excel wizard? Neither did she. Until she took a few classes.  

You’ll also be helping yourself with succession planning, as you will easily be able to see who is interested in various aspects of professional development. No need to try to figure out who is promotion material. They’ll reveal themselves to you!   

Strengthening the team 

When it comes to skill building, employee education helps develop both proficiency and consistency.  

Offering training programs ensures that all employees have the same opportunities to master the skills required for their jobsGroup sessions can also help standardize your processes so you don’t have 20 employees doing the same thing 20 different ways.  

Training is the gift that keeps on giving. Once your current employees are up to speed, they’ll be better equipped to onboard and train your new hires. 

Get more done 

Employees who receive ongoing training will be more successful at their work. Educated employees demonstrate a strong understanding of the industry, as well as the skills needed to perform in their roles. This often leads to improved productivity and performance.  

The bonus here is that improved performance often leads to increased confidence, which facilitates new and innovative ideas. 

More opportunities = happier employees 

Employees who have access to employee education and development programs are often more satisfied with their careers. In addition to letting employees know they are valued, you are also fostering a more creative, challenging, and ultimately satisfying work environment.  

Providing opportunities for personal and professional development will also position you to have a team filled with some of the most well-rounded, qualified employees in its industry. 

So in the process of making your employees happy, you can also become an industry leader, innovator, and employer of choice. 

How’s that for a business proposition? 

 

Recruiting and retaining employees is easier when you can proudly offer a comprehensive benefits plan that makes your team members feel as valuable as they are. At Raffa, we build cost effective, long-lasting employee benefits strategies to keep your business and your employees in optimum health.

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Photo by Ion Chiosea

 

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