We all know that hiring “top talent” is a critical part of building a successful team. But what if we told you that there’s a better way to build a thriving workforce? We think it’s time to rethink your hiring strategy and start focusing on employee development.
Developing your existing employees boosts employee loyalty and motivation.
By investing in the development of your current workforce, you show your employees that you value them and are committed to their success. This can lead to higher levels of employee loyalty, job satisfaction, and motivation, which, in turn, can improve productivity and reduce turnover rates.
Investing in employee development can be more cost-effective than hiring new talent.
The average cost of hiring an employee is around $4,000, according to a Glassdoor study. By investing in employee development, you can avoid these costs while still achieving the same or better results. In addition, developing existing employees can be a more sustainable solution, as it allows you to build a strong internal talent pipeline.
The future of work is trending towards employee development.
As the world changes, so too must our approach to work. Global economic and political shifts are changing the way we think about talent, and many experts predict that employee training and development will become increasingly important in the years to come.
At WorkForge, we understand the importance of employee development. Our mission is to help organizations optimize their current workforce and ensure that their employees are trained to meet their specific needs. Our visual work instructions and bilingual training materials are accessible to all employees, regardless of their level of prior experience or language barriers. We use an e-learning platform that research shows is an effective way to retain knowledge and improve employee performance.