5 AI tools for digital learning
ChatGPT is just the tip of the iceberg when it comes to leveraging AI for L&D
Helen Marshall Chief Learning Officer
| 6 min read
Onboarding, Training, and Developing Employees for Retention in Today's Economy
Gary Evans VP of Customer Success
Retaining talented employees has become increasingly crucial in the constantly evolving economy of today, particularly as the average person changes jobs every 2 years and 9 months, with 42% switching jobs every one to two years.
The expenses related to hiring and training new staff can be significant, and losing skilled employees can disrupt workflow, hinder productivity, and ultimately negatively impact your business's competitiveness.
Therefore, it is imperative for businesses to establish a robust strategy for onboarding, training, and developing their employees to ensure that they start their careers on the right track and can envision themselves growing with the company over the long term.
In this blog, we will explore the essential steps to successfully onboard, train, and develop employees for retention in today's fiercely competitive job market.
The onboarding process is the first impression new employees have of your company, and it sets the tone for their experience with your organisation. A well-designed onboarding program can help new hires feel welcomed, supported, and engaged, which when coupled with training/development (to be discussed later on, stay tuned) can lead to higher retention rates and a happier workforce
A strong training program is essential for employee development and growth, which can boost retention rates. Employees who feel supported in their learning journey are more likely to stay with the company. Here are some tips for implementing an effective training program:
In today's competitive job market, employees are looking for opportunities to grow and advance their careers. Therefore, it's crucial for businesses to foster a learning development mindset that then provides a clear career development path for employees. Here's how you can do that:
If you are seeking an engaging platform that can help you to onboard, train and promote a development mindset within your team then you have come to the right blog. You can find out more about our Learning & Skills platform here or if you’d like, you can speak to our experts to get a demo of the world's fastest growing LMS.
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