One of the most serious concerns to businesses across the country is employee retention. Employees today have more authority than ever in their relationships with employers, because to a turn in the tide in recent years. In fact, 65 percent of employees believe they may use this power to their advantage by negotiating wages and benefits.
Employee growth and professional development activities are one way for firms to keep staff satisfied and dedicated. According to Udemy, learning and development were the most essential benefits to employees when picking where to work.
You can reduce staff turnover and increase productivity by taking a proactive approach to employee growth and professional development techniques. Here are six techniques to encourage employee professional development and progress in the workplace.
Acknowledge and reward success
You must first keep your employees happy and engaged if you wish to promote their professional progress. This begins with establishing a workplace culture that rewards and recognises outstanding performance.Recognizing and rewarding your staff may stimulate them and encourage loyalty, both of which are important factors in employee growth. When employees feel valued and their efforts are acknowledged, their productivity rises. Employees who thought their rewards were satisfied are seven times more likely to be engaged with their work, according to a study by Alight Solutions.Recognizing and rewarding your staff is a great method to encourage them to advance within the company. While monthly or annual awards are nice, try honouring your staff on the spur of the moment, as 47% of employees favour unplanned gifts.
Give feedback in real time, not just at the end of the year. According to a Wakefield Research survey, more than 90% of employees would rather that their boss address learning opportunities and mistakes in real time rather than waiting for an annual review. Employees cannot grow or develop in their areas of responsibility if their employers do not provide ongoing feedback.Knowing your flaws is crucial to your personal and professional development. Organizations must create systems that assist management in organising and assessing their employees’ strengths and shortcomings on a regular basis. The findings of such assessments must then be communicated throughout the year, whether weekly, monthly, or quarterly.
Take advantage of a learning management system (LMS) A learning management system (LMS) provides businesses with a scalable solution for employee development and advancement. Learning management systems, as the name implies, are software that assist businesses in creating, storing, tracking, delivering, and reporting educational resources, trainings, and developmental programmes.Businesses can use LMS software instead of manually producing, managing, and delivering training materials and courses. Businesses can use LMS software to move training onto an eLearning platform instead of spending important time educating new hires or working one-on-one on repetitive training programmes.Not only does LMS software make employee training easier, but it also allows the company to deliver uniform content and maintain quality control.
Mentoring and coaching should be encouraged. Mentoring and coaching programmes are another option for firms to look inside to encourage employee growth and professional development. Employees in today’s workforce have evolved, and they no longer respond well to requests or directives. Rather, like a coach or mentor, managers must learn to work in tandem with their people.Companies can help their people improve by cultivating a management culture that values communication and training. Managers should not be reluctant to ask their staff for assistance, and they should welcome the opportunity to teach them new skills or knowledge. Because professional development and training are often the responsibility of one’s direct managers, fostering a culture of coaching and mentoring is a great method to support employee development.
Recognize and hone soft skills Personal characteristics and non-technical features that help you thrive in your work are referred to as soft skills. Time management, delegation, active listening, and communication are just a few examples of these skills. Organizations that provide soft-skill development training and educational tools can boost their entire team’s productivity.Surprisingly, many of today’s managers are lacking in soft-skill development. Even if they lack sufficient management abilities, training, or experience, most firms promote their best-performing employees to managerial positions. In fact, according to a Grovo survey from 2016, 87 percent of managers wish they had received more training before being given leadership responsibilities.While productivity is vital, businesses must also examine and enhance employees’ and supervisors’ soft skills.
Establish Interdepartmental Training Programs Businesses are getting less and less compartmentalised in today’s world. Understanding how each unit runs is beneficial whether you work as a manufacturing manager or a front-line sales representative.As a result, cross-departmental training programmes can help firms encourage employee growth and professional development. Furthermore, breaking down these departmental walls can improve communication from one unit to the next, enhancing your organization’s overall efficiency.For example, your customer care department may observe a pattern in client complaints regarding a particular product. If there is a communication breakdown between them and the production team, a flaw or issue may not be brought to their attention as promptly as it should be.Cross-departmental training programmes can educate your employees about many aspects of your business while also improving communication between different parts of your company.
Continue to look for opportunities for advancement. Organizations must discover innovative ways to engage employees and build their loyalty in order to reduce staff turnover and productivity loss. Employee development and growth initiatives are two long-term strategies that lay the groundwork for better employee experiences.