Transcript of "9 Powerful Reasons to Invest in Your Employees"
Untrained employees take up to six times longer to perform the same task as trained employees.
Organizations that invest in employee training outperform the market by 45%.
Organizations that purchased training in Finance and Accounting increased cash flow by 16.3% on average.
Organizations that purchased training in sales and marketing increased their sales by 6.5% and increased their profit margin by a whopping 24% on average.
60% of employees would opt to stay with an employer that invests in their professional development, rather than go to an employer that pays more but does not invest in professional development.
Companies that don’t train their employees are 3x more likely to lose them than companies that do train their employees.
Source: Business Week
Replacing a professional costs your company about $100,000.
Source: Development Dimensions International
Just a 2% increase in productivity can yield a 100% return on investment in outsourced, instructor- lead training.
Studies show that in- house training costs 73% more than outsourced training.
Sold on professional development?
Check out our list of upcoming programs at www.slccorporatelearning.ca/schedule
Corporate Learning & Performance Improvement is committed to meeting the learning needs of business in our community. We are actively working with over 345 organizations and thousands of students focused on programs and skills that address the demands of the new economy. Our mandate is to meet the challenges our partners face with relevant, flexible, practical programs that offer on the job training to employees with the goal of increasing productivity and closing the skills gap while supporting the commercial growth and prosperity of Eastern Ontario.
Key Facts and Figures
St. Lawrence College CLPI
100 Portsmouth Avenue
Kingston, Ontario K7L 5A6
Phone: 613.544.5400 ext. 1348
Toll Free: 1.866.274.2298
Growth Rate (YOY): 66%
Largest Clients: Government of Canada, Burnbrae Farms, Four-O-One Electric, DuPont, City of Kingston, Cunningham Swan LLP
Client Industries: Government, Manufacturing, Professional Services, ICT, Education, Healthcare
A particular slide catching your eye?
Clipping is a handy way to collect important slides you want to go back to later.