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9 Powerful Reasons to Invest in Your Employees

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No matter how long you have been in management, these 9 facts will change the way you view employee training and development.

No matter how long you have been in management, these 9 facts will change the way you view employee training and development.

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  • Excellent. This slideshare proves that instructor-led training is not dead but rather needs to be sought in conjunction with and seen as a compliment to on-line learning.
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  • Great presentation! Extremely helpful and makes some very good points- employees are crucial to the success of a business, so making sure they are happy and engaged in their work is key to running a successful business that people want to work for.
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  • 1. Untrained employees take up to six times longer to perform the same task as trained employees. Source: HP
  • 2. Organizations that invest in employee training outperform the market by 45%. Source: ASTD
  • 3. Organizations that purchased training in Finance and Accounting increased cash flow by 16.3% on average. Source: LearnDash
  • 4. 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. Source: LearnDash
  • 5. 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. Source: CIPD
  • 6. Companies that don’t train their employees are 3x more likely to lose them than companies that do train their employees. Source: Business Week
  • 7. Replacing a professional costs your company about $100,000. Source: Development Dimensions International
  • 8. Just a 2% increase in productivity can yield a 100% return on investment in outsourced, instructor- lead training. Source: Avatech
  • 9. Studies show that in- house training costs 73% more than outsourced training. Source: HP
  • 10. Sold on professional development? Check out our list of upcoming programs at www.slccorporatelearning.ca/schedule
  • 11. ABOUT US 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. Offices Contact Information Key Facts and Figures St. Lawrence College CLPI 100 Portsmouth Avenue Kingston, Ontario K7L 5A6 Website: www.slccorporatelearning.com Email: corporatelearning@sl.on.ca Phone: 613.544.5400 ext. 1348 Toll Free: 1.866.274.2298 Employees: 48 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