One of the biggest assets to any business is its employees. As the job markets continue to evolve, and business environments become more competitive, companies are realising why employee training and development is essential to an organisation.
Training and development improves the effectiveness of an organisation's individuals within a team through educational activities. This enhances the knowledge and skills of employees through information and instructional programs on how to improve their current tasks.
The advantages of training and development:
It helps employees develop their current skill set and increase their knowledge
Improves productivity levels
Creates new and improved job opportunities
Keeps employees motivated and increase their contribution levels
Improves their ability to adapt to new technology and methods
Reduces employee turnover
Why is training and development important for businesses?
1. Helps employees keep up-to-date with the latest industry trendsIn order for modern businesses to thrive, they need to constantly develop and find strategies to keep up with the constant changes. This is why training is essential for employees and paramount, especially when you are trying to keep up with industry changes, rules, and regulations. Having the knowledge and staying up-to-date with your industry trends will help you stay ahead of your competitors.
2. Increases job satisfaction and moraleTraining and development provides many benefits for organisations. When employees see that their employer is helping them improve their knowledge and expertise, they feel motivated thus increasing their job satisfaction, productivity and morale.
3. Improving and maintaining employees skills and knowledgeIn life, there is constant room for self-improvement and development. Training courses serve as a refresher for employees to not only broaden their skills but provide businesses to sustain a high level of expertise.
4. Provides a competitive edgeIn society today, industries, trends, technology and business environments are constantly evolving. In order for businesses to stay ahead of their competition, they need to identify the importance of training and development. With a robust training and development program in place, employees will adapt easily to the industry changes thus giving businesses a competitive advantage.
Here are a list of a few training and skills development institutions in South Africa:
False Bay TVET College
MSC Education Holdings
Regent Business School
Richfield Graduate Institute of Technology
Employee training and development has become an important part of a business strategy. Training does not only retain employees but creates and enhances a skilled workforce for the future.