Employee development and employee turnover are inversely related. When more efforts are directed towards holistic development of the employees, reduced employee turnover will be the eventual outcome. And that’s logical enough for any organization to understand. In other words, it can be said that employee development should be the topmost priority of an organization as it helps in retaining the best employees. And employers who neglect this aspect are at the risk of losing the most precious commodity – it’s human resource!
Let’s first understand why employee development should top every company’s to-do list. Well… the reasons are numerous. Employee development brings about a boost in employees’ work satisfaction, while boosting workforce productivity. And to facilitate this, an LMS can play a pivotal role. Leaf below to see how an LMS can ease employee development, thereby reducing employee turnover.
Many a times, dissatisfaction in employees stems from the feeling of neglect of formal development. Usually it happens that companies satisfy employees’ needs for on-the-job development. However, when it comes to training, mentoring, coaching and guiding, they’re not getting much. This leads to a general feeling of being used or utilized. The employees develop a feeling that the company is only thinking about its own benefit, while neglecting their overall development in the skills needed for their long-term success in the workplace.
It can be said that organizations that want to retain their employees must invest in increasing the employee development initiatives. Organizations that neglect this cardinal aspect, will suffer a high turnover rate and reduced productivity. So, help your employees shape the future direction of their careers. If you aren’t doing it already, the best time to start is now.
So, you aren’t one of those employers who would want to neglect the holistic development of your employees. However, employee development is no mean task! And many employers try to avoid it because it takes too much effort. For the managers, it may feel overwhelming or burdensome to take on the additional responsibility of implementing an employee development program. We’ll tell you a solution here… consider implementing a Learning Management System (LMS) and letting it do the hard work for you.
First, understanding how an LMS perfectly facilitates employee development efforts is important. The answer is pretty much simple… We’ve enlisted them for you.
The more of a priority you, as an employer, make employee development, lower will be the turnover rate, while your workforce productivity will simply shoot through the roof. You have to experience it to believe it.
Take a demo of Paradiso LMS and see how it can work for your unique needs. If you are serious about seeing these positive changes, let our fully hosted LMS be the channel through which your organization’s employee development efforts would shine. Contact us Now!