Could your business be losing top talent because of a failure to nurture and assist them with their own development? It may be time to employ employee surveys to find out.
Employee retention is a big concern for all companies, due to the cost of recruitment and the impact that lost experience can have on productivity.
The next time business leaders notice a spike in staff resignations, they may like to consider whether more staff training could have provided reason for their employees to stay on.
In particular, they may be interested in a recent survey carried out by Kelly Services.
SmartCompany reports that the latest Kelly Global Workforce reveals 47 per cent of respondents said they believed additional training could give them an opportunity for career advancement.
That was based on a global sample of 122,000 people, of whom 5,500 were Australians.
Of those Australians, 78 per cent said they preferred to develop their skills through practical experience at work, and education, professional certification and structured mentoring were the most popular ways to accomplish this.
The traditional view of workplace training as being of principal benefit to productivity and adherence may need to be supplemented by its ability to add value to roles from an employee perspective.
"At the moment there is strong competition for good people in the workforce," Wendy Hewson, member of Kelly Services executive leadership team Wendy Hewson told SmartCompany in an article published May 3.
"Employers must be cognisant of what employees are looking for and what will make employees stay."
This data illustrates the need for businesses to prioritise the personal development of staff members.
Whereas employee surveys can help managers identify ways they can assist their staff better, a training feedback form can be invaluable in assessing whether current training processes are sufficient.