𝗧𝗵𝗲 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴 𝗮𝗻𝗱 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁

There are a few ways to differentiate a great organizational culture and workplace from a good one.

One of the easiest ways to tell is when an organization invests in its people through employee development.

Through development initiatives, employees feel more valued, have a clearer career path, have higher job satisfaction, and are more engaged.

Below are statistics on the importance of employee development from a recent research study by 𝗭𝗮𝘃𝘃𝘆.𝗶𝗼.

▪ 𝑅𝑒𝑝𝑙𝑎𝑐𝑖𝑛𝑔 𝑎 𝑡𝑟𝑎𝑖𝑛𝑒𝑑 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒 𝑐𝑜𝑠𝑡𝑠 200% 𝑜𝑓 𝑡ℎ𝑒𝑖𝑟 𝑎𝑛𝑛𝑢𝑎𝑙 𝑠𝑎𝑙𝑎𝑟𝑦

▪ 𝑃𝑟𝑜𝑣𝑖𝑑𝑖𝑛𝑔 𝑒-𝑙𝑒𝑎𝑟𝑛𝑖𝑛𝑔 𝑡𝑟𝑎𝑖𝑛𝑖𝑛𝑔 𝑜𝑝𝑝𝑜𝑟𝑡𝑢𝑛𝑖𝑡𝑖𝑒𝑠 𝑖𝑛𝑐𝑟𝑒𝑎𝑠𝑒𝑠 𝑟𝑒𝑡𝑒𝑛𝑡𝑖𝑜𝑛 𝑟𝑎𝑡𝑒 𝑏𝑦 60%

▪ 60% 𝑜𝑓 𝑠𝑢𝑟𝑣𝑒𝑦𝑒𝑑 𝑚𝑖𝑙𝑙𝑒𝑛𝑛𝑖𝑎𝑙𝑠 𝑠𝑎𝑦 𝑡ℎ𝑎𝑡 𝑡ℎ𝑒𝑦 𝑤𝑎𝑛𝑡 𝑙𝑒𝑎𝑑𝑒𝑟𝑠ℎ𝑖𝑝 𝑡𝑟𝑎𝑖𝑛𝑖𝑛𝑔

▪ 𝐴 𝑙𝑎𝑐𝑘 𝑜𝑓 𝑐𝑎𝑟𝑒𝑒𝑟 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡 𝑎𝑛𝑑 𝑎𝑑𝑣𝑎𝑛𝑐𝑒𝑚𝑒𝑛𝑡 (41%) 𝑖𝑠 𝑡ℎ𝑒 𝑛𝑢𝑚𝑏𝑒𝑟 1 𝑟𝑒𝑎𝑠𝑜𝑛 𝑤ℎ𝑦 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒𝑠 𝑙𝑒𝑓𝑡 𝑡ℎ𝑒𝑖𝑟 𝑗𝑜𝑏𝑠 𝑏𝑒𝑡𝑤𝑒𝑒𝑛 𝐴𝑝𝑟𝑖𝑙 2021 𝑎𝑛𝑑 𝐴𝑝𝑟𝑖𝑙 2022

▪ 94% 𝑜𝑓 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒𝑠 𝑤𝑜𝑢𝑙𝑑 𝑠𝑡𝑎𝑦 𝑙𝑜𝑛𝑔𝑒𝑟 𝑎𝑡 𝑎 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑖𝑓 𝑖𝑡 𝑜𝑓𝑓𝑒𝑟𝑒𝑑 𝑙𝑒𝑎𝑟𝑛𝑖𝑛𝑔 𝑎𝑛𝑑 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡 𝑜𝑝𝑝𝑜𝑟𝑡𝑢𝑛𝑖𝑡𝑖𝑒𝑠

▪ 58% 𝑜𝑓 𝑎𝑙𝑙 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒𝑠 𝑝𝑟𝑒𝑓𝑒𝑟 𝑙𝑒𝑎𝑟𝑛𝑖𝑛𝑔 𝑎𝑡 𝑡ℎ𝑒𝑖𝑟 𝑜𝑤𝑛 𝑝𝑎𝑐𝑒

▪ 70% 𝑜𝑓 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒𝑠 𝑤𝑜𝑢𝑙𝑑 𝑙𝑒𝑎𝑣𝑒 𝑡ℎ𝑒𝑖𝑟 𝑐𝑢𝑟𝑟𝑒𝑛𝑡 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑓𝑜𝑟 𝑜𝑛𝑒 𝑡ℎ𝑎𝑡 𝑖𝑛𝑣𝑒𝑠𝑡𝑠 𝑖𝑛 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡 𝑎𝑛𝑑 𝑙𝑒𝑎𝑟𝑛𝑖𝑛𝑔

▪ 93% 𝑜𝑓 𝑒𝑚𝑝𝑙𝑜𝑦𝑒𝑒𝑠 𝑎𝑟𝑒 𝑤𝑖𝑙𝑙𝑖𝑛𝑔 𝑡𝑜 𝑠𝑡𝑎𝑦 𝑤𝑖𝑡ℎ 𝑎 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑖𝑓 𝑖𝑡 𝑖𝑛𝑣𝑒𝑠𝑡𝑠 𝑖𝑛 𝑡ℎ𝑒𝑖𝑟 𝑐𝑎𝑟𝑒𝑒𝑟𝑠

𝗧𝗵𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝗿𝗲 𝗰𝗹𝗲𝗮𝗿!

🔹Employees are seeking personal and professional development They deserve it.

🔹Employees are voting with their feet. They are leaving organizations that do not offer opportunities for career advancement.

🔹Employees seek asynchronous, online, and hybrid modalities for training and development. They want solutions that fit their needs and schedules.

At The Management Sherpa™, we offer over 150+ professionally designed personal and professional development courses. Check out our online LMS here.

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