The Benefits of Employee Training

Pro Tech THE BENEFITS OF EMPLOYEE TRAINING Still questioning whether investing in a training strategy will benefit your bottom line? Check out these statistics: 21% OF EMPLOYEE PRODUCTIVITY is lost due to inadequate digital skills HR Executives EXTERNAL CONFERENCES/SEMINARS 78.1% surveyed say that the following TUITION REIMBURSEMENT 67.3% MANAGERIAL TRAINING 66.8% employee enhancement COMPANY SUPPORT FOR DEGREE 62.2% techniques are INTERPERSONAL SKILLS TRAINING 56.8% crucial for TECHNICAL TRAINING 54.5% employee retention: EMPLOYABILITY TRAINING 35.2% 10% INCREASE IN WORKFORCE EDUCATION LEVEL LED TO AN 8.6% GAIN IN TOTAL PRODUCTIVITY Firms that invest $1,500 per employee in training compared with those that spend $125 experience an average of HIGHER REVENUE 24% HIGHER GROSS & (218% PROFIT MARGINS PER EMPLOYEE MOTOROLA CALCULATED THAT EVERY DOLLAR SPENT ON TRAINING YIELDS AN APPROXIMATE 30% GAIN IN PRODUCTIVITY WITHIN A THREE-YEAR PERIOD. http://www.businessknowhow.com/manage/higherprod.htm http://whitepapers.lakewoodmediagroup.net/sites/default/files/Grovo-Digital-Skills-Gap-Whitepaper_0.pdf http://coned.howardcc.edu/business_and_workforce_development/customized_training/ROI_for_customized_training.html http://elearningindustry.com/top-10-e-learning-statistics-for-2014-you-need-to-know