The L&D department is vital to many businesses, and yet, did you know that only 1 in 10 businesses create a L&D strategy each year, and yet 76% of Gen Z learners believe learning is the key to a successful career.
When you have no L&D strategy in place you can disengage employees. The L&D department aims to unlock the best in employees as well as the business, this means by having no strategy, you could be slowing or even stopping the growth of the business.
Why is L&D important to staff?
Having an L&D strategy isn’t just important to the business, but to each individual that works for that business. It’s no secret that people like to learn and if they don’t feel fulfilled in the business they work in, they will go elsewhere. In addition, according to Gartner’s 2020 Reimagine HR Employee Survey, organisations that support employees with their life experience see a 23% increase in the number of employees reporting better mental health and a 17% increase in the number of employees reporting better physical health.
Your L&D strategy will need to have ways to attract the best talent but also retain them! This means offering the best training and benefits to employees. Training and continual improvement of the employees is a great way to show your employees that the business cares about them. If a person feels they’re getting what they need out of a job, they’re more likely to stay.
Business Growth
When your staff are happy, your business flourishes, let’s face it, without the staff there wouldn’t be a business so by offering quality training, your staff will show that quality in their everyday work.
It will come as no surprise that businesses with a strong L&D strategy do much better than those without one. The business growth is much greater, and employees are much happier with a strong L&D department.
L&D touches every aspect of business performance. organisations that can actively engage people in learning for the benefit of work will not only perform better but positively differentiate themselves.
How can Knights Absorb help?
Knights Absorb are the business leaders in staff training. We offer staff training that doesn’t get boring, meaning your staff will continually engage and enjoy showing up to training. We offer tailored and engaging courses, delivered by hands-on professionals who bring topics to life. Our training is that good that we’ve helped organisations like yours increase training attendance from 60% to as high as 90% in just 3 months.
Get in touch today to see how we can help your organisation.