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8 Compelling Reasons Why You MUST Train Your Employees Now

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  • 8 Compelling Reasons Why You MUST Train Your Employees Now

8 Compelling Reasons Why You MUST Train Your Employees Now

2008, Articles
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April 1, 2011

8 Compelling Reasons Why You MUST Train Your Employees Now

  • According to Gallup Poll data, only 29% of employees are fully engaged at work. Worse, 54% are neutral, meaning that they do exactly what is expected but no more. All remaining employees are disengaged. Disengaged employees are costing you profits.
  • Top performers outperform average performers by 40-50%. to get top performers you must either hire or develop them internally.
    Disengaged employees cost North American companies $300 billion in lost productivity. Engaged employees have higher productivity levels, create higher profitability, and show better levels of retention. How much is lost productivity costing your business?
  • Organizations with the best human capital practices, including employee development programs, provide 3 times greater return to the business owners and shareholders.
  • A Louis Harris and Associates Poll found that among employees who say their company offers poor or no training, 41% plan to leave within a year. Of those that say their company offers excellent training, only 12% plan to leave. How much expensive turnover does your business experience?
  • According to the 2006 Job Retention Poll conducted by the Society of Human Resource Management, 52% of employees cite career development as the most effective tool for job retention.
  • According to a 2001 NACCB study, employers offering training experienced 16% higher employee retention rates.
  • Employee satisfaction and engagement strongly correlates with customer satisfaction and engagement.

    With over 35 training and development organizations the Athena Alliance has all the resources available to keep your employees engaged and performing at optimum.

    Excerpt from Canadian Chamber of Commerce Newsletter  – Dec 2008

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