In the current climate, if you are not offering training and development opportunities to your employees, they won’t be with you very long. The next generation of workers understands the importance of learning new skills and keeping up with ever-changing technology. Often a lack of development opportunities results in low employee retention and satisfaction. So to keep your employees happy and help them continue to grow, it is essential to establish a learning culture that offers ongoing employee training.
In July of 2021, the US Bureau of Labor Statistics reported that 4 million people quit their jobs. US companies reported almost 11 million open positions. The tech industry, in particular, is feeling the effects of the turnover increase as nearly 80% of tech managers saw high turnover in 2021. Employees quitting reduces a company’s productivity. It also affects company morale due to other employees taking on more responsibilities.
So, why are employees choosing to walk away? Here are 3 reasons why you are losing your employees:
One of the biggest frustrations amongst employees is when they lack adequate training to feel confident in their jobs. If your employees struggle to understand how to do their jobs, they will never meet your expectations or organizational goals.
Not feeling confident at work leads to low morale, pointing towards an undesirable workplace culture. The more stress an employee feels the higher chance of burnout and a decline in mental health. Not only do the employees begin to suffer, but so does the business. With more workers comp claims, higher healthcare premiums, and more, the bottom line struggles.
Ongoing employee training is essential not only for new hires but for everyone, all the time. Offering opportunities to get better at your job can significantly increase your employee’s confidence. Confidence leads to innovation, resulting in businesses emerging as industry leaders with excited employees.
Employee engagement has been growing in importance over the last 20 years. Employee engagement is now one of the main reasons employees decide to leave a position. The more engaged and responsible the employees feel for a company’s success, the more fulfilled they are, reducing turnover.
How do you increase employee engagement? By keeping them up to date and knowledgeable about their company, industry, and specific roles. While many employees enter a position with a certain amount of experience, continuous learning is important to ensure long-term engagement. If an employee is learning and developing new skills that they can apply to their roles, they will begin to see a spike in their quality of work. This can boost an employee’s level of confidence and engagement.
If your employees are disengaged, it is no one’s fault but management’s. Luckily, we offer the best ongoing employee training platform in the market using gamification with our quick-burst mobile training games. With customized online employee training through 1Huddle, your HR department and managers can create and offer continuous, relevant training to staff. We offer training for new hires to leadership teams from the retail industry to government officials.
Surveys have concluded that one of the main reasons employees leave their jobs is a lack of career growth and development opportunities. The modern employee wants to feel continuous growth in their skillset. If you aren’t doing that then odds are you have a high turnover rate and you are wasting a lot of money.
July’s 2021 Monster Job Index found that 49% of employees expect their employers to support and aid their professional development. Continuous learning in the workplace is no longer a ‘nice to have,’ and if you think it is, you are behind with the times. Employees now expect opportunities to learn and advance their skillset. With technology moving at the rate it is, employees don’t want to feel left behind and will find an employer that can fulfill their online employee training needs.
LinkedIn’s 2019 Workforce Learning Program discovered that 94% of employees would have stayed at a previous company longer if offered more development opportunities. This training would not have only reduced turnover but would have saved organizations thousands of dollars. The cost of recruiting and hiring is roughly around $5,000 per employee. Not only is it pricey, but new hires often don’t start adding value and reaching full productivity until 8-26 weeks into a role.
A forward-thinking organization that invests in its employees is rewarded by attracting extraordinary talent. Invested, skilled workers improve the bottom line. Bored, unhappy workers kill your bottom line.
But listen, you aren’t alone.
Not only can our game platform customize your training to ensure that it is relevant to your employees and industry, but it will be fun and competitive! Our online training software uses gamification and other training techniques to help motivate employees to engage in training.
By completing different tasks and playing training games, your employees will appreciate the offering of continuous learning and LOVE to do it. Using games to conduct training also helps employees retain more of what they’ve learned, this claim is science-backed, and guarantees your team will see instant results!
1Huddle is a no-brainer. Use it as an addition to your LMS system, or offer it as your sole training and development platform. It is easy to use and offers your organization a world of opportunities. Request a Demo today to get started!
Sam Caucci, Founder & CEO at 1Huddle
Check out our plan that outlines a position that we at 1Huddle fight for everyday; for every worker.