Development opportunities are what those in the know call a win-win situation – they benefit both organisations and employees. For more content like this, check out Acorn Labs: http://acornlabs.education/

1. Employee
Training &
Development
The benefits it has in the
workplace

2. What is workplace training?
Workplace training is a structured learning program that
provides employees with the knowledge, behaviours and
experience needed to successfully perform their job roles.

3. Why workplace training?
The ideal employee comes ready-formed with the right skillset,
attitude and behaviours.
But ideal is not reality. It doesn’t matter what kind of
organisation you’re in, proactive employee development in the
workplace (and beyond) is a crucial business activity.

4. A win-win
Development opportunities are what those in the know call a
win-win situation – they benefit two key areas.
• They benefit organisations by producing and maintaining a
highly skilled workforce (now and into the future) and acting
as a value proposition to both current and potential
employees.
• They benefit employees by expressing to them that they are
valued, and the organisation supports them.

5. Employee
Training
Benefits

6. Benefit pipeline
The benefits of employee development read like a pipeline.
No, really – you can see an entire organisational talent pipeline
and individual career trajectory through the benefits of
workplace training.

8. Improved Productivity
Applying learned knowledge at the moment of need means
your employees can more easily strategise, better
understand their jobs and act as more effective team
members.

9. Increased Employee Engagement
Offering role enrichment, multi-directional careers and
equal development opportunities helps build mental
and emotional links within your organisation.

10. Better Company Culture
40% of employees who receive no or poor vocational
education will leave a job within the year. When you
encourage your employees to be lifelong students, you
improve team morale and onboarding practices.

11. Better Retention Rates
One empty role in Australia can cost up to $40,000 to fill.
That’s a lot of money if that individual is then poached to
another company because they didn’t find what they were
looking for. Upskilling and reskilling help you strengthen and
retain top talent, giving you better internal mobility.

12. Bottom Line Boost
Revenue is directly related to employee engagement,
because the more engaged your employees are, the more
productive and innovative they are. Retaining top talent and
creating better internal culture and processes directly leads
to a better return on investment.

13. Types of
Vocational
Education

14. Onboarding
Onboarding sets up new hires with the information they
need to be effective members of your organisation, while
also setting the tone for company culture. It goes wrong
when it’s neglected past the first week. Onboarding is an
ongoing process.

15. Compliance
At its heart, compliance is about minimising risk, providing a
safe work environment for employees and maintaining your
business reputation. It’ll help reduce legal problems and
ensure your employees stay up to date.

16. Leadership
Having pre-determined pathways for succession planning
will help you fast-track an internal talent pipeline and allows
employees to see a path for progression.

17. Technical Skills
Technical training teaches employees the expertise needed
to design, maintain and/or operate certain technologies or
applications. Technology moves fast, which means your
employees need to keep up to date.

18. Soft Skills
Skills like interpersonal relationships and communications
are crucial to driving your culture and long-term success
because they come down to emotional intelligence, not
technical knowledge.

19. Product
When talking with customers, it’s important for any
employees to have sound product knowledge in order to
answer difficult questions, tailor products to a customer
and build trust.

20. You can learn more about this
topic by checking out the full
article:
https://acornlms.com/enterprise-learning-
management/knowledge-in-the-workplace