Why Employee Training and Development is Important to Your Small Business

NCMA

Why Employee Training and Development is Important to Your Small Business

In today’s tough labor market, it is important for businesses to retain employees and mitigate the stress and cost that comes from the long recruiting process.

Research shows that 40 percent of employees who don’t receive necessary training will leave their positions within the first year and 87 percent of millennials cited access to professional development as being a very important factor to their decision to stay or go. With those statistics, it is clear to see why an employee training program is imperative to running a successful business.

In 2018,  $87.6 billion was spent on training expenditures for the U.S. – based corporations. With employee training being a lucrative business, there are plenty of affordable programs that allow for flexibility within your company’s specific roles.

Here at PrimePay, we take our employee training very seriously. So much so that we…

View original post 691 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: