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Is training worth the investment?

Training is important from a organization and retention standpoint.

Training is important from a organization and retention standpoint.

You may sometimes wonder whether training is worth the investment. Despite the initial upfront costs, training is well worth the money and relatively small amount of time it takes. This is especially true when you consider that the alternative, which is high turnover, lower productivity and reduces profits.

Here are two key reasons training is important, especially for retention, as compiled from go2HR:

Training improves job satisfaction. Not only will employees be able to develop a deeper skill-set through training—which is vital to the company's success—they will also have the opportunity to grow and develop more professionally. This also avoids the problem of employee stagnation, which can happen when you are not training more senior staff members. "The more engaged and involved they are in working for your success, the better your rewards," the source notes.

Training enables flexibility and efficiency. Another critical benefit of training is that allows you to teach employees more than one aspect of your business. This practice, known as "cross-training," is hugely advantageous to organizations. You can teach employees the skills needed to be successful in sales, customer service, administration and operations, among a range of other areas. "This will help keep them interested and will be enormously helpful to you when setting schedules or filling in for absences. Cross-training also fosters team spirit, as employees appreciate the challenges faced by co-workers," go2HR notes.

To learn more about SyberWorks services or to schedule a product demonstration, please call us at 888-642-7078, email us at info@syberworks.com or register on our site.

SyberWorks, Inc.
411 Waverley Oaks Road
Building 3, Suite 319
Waltham, MA 02452

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