In a world where employees no longer quit their jobs because of workload and paychecks, but rather leave a workplace that is not providing ample opportunities to grow and develop new skills. A good learning and development program plays a very substantial role in retaining the right talent.
These programs vary from paving the right path for growth to those with great potential and soft skills that enhance teamwork and deliver corporate DNA and culture to everybody. A corporate with a robust L&D system is proven to have a better retention rate, higher employee satisfaction, and low staff turnover hence higher ROI.
Human Resources experts and organization development gurus all agree that an employee with necessary training is more capable of performing better. L&D programs provide a better understanding of an employee’s responsibilities within their role and accordingly help them enhance their confidence while making them a better team player.
A strong development strategy is becoming an inevitable part of corporate branding. It makes the company attractive to recruit calibres with good potential who are seeking to enhance their skills and widen their scope by seeking opportunities associated with their new skills without having to change their employer.