90% of workers would stay in job if offered more training

90.5% of employees would opt to stay at a company if offered training and development, according to a recent survey by CV-Library.

The news comes at the start of Adult Learning Week, as businesses are put under even more pressure to ensure that employees are learning on the job. The report, which included over 2300 workers, highlighted an overwhelming sense of employee dissatisfaction, citing the happiest workers as those who are offered Continual Professional Development (CPD) by their management.

Speaking exclusively to HR Grapevine, Lee Biggins, Managing Director of CV Library, explained the importance of promoting Learning and Development opportunities, saying: “Our survey results suggest that companies could do more to encourage learning and development in the workplace.”

“Businesses need to recognise the benefits that come with training and asses the long term advantages. There are a variety of training providers that can assist with both in-house and external training, so it’s easy to implement a plan that aligns with your business model.”

And Biggins is quick to point out the necessity of employees chasing their aspirations outside of work as well, claiming: “UK workers are keen to extend their skills and qualifications both inside and outside of work.”

”Starbucks is a fantastic example of a business that recognises the importance to nurturing staff development and aiding training wherever possible. Whilst not all businesses can afford to financially support initiatives such as these, supporting staff aspirations outside of work will help to upskill employees and nurture positive morale and staff loyalty.”

A recent survey taken by Busy Bees Benefits has revealed that 31% of UK employers fail to offer formal learning programmes.

John Woodward, CEO of Busy Bees Benefits, knows all too well the problems faced by businesses refusal, be it informed or ignorant, of allowing CPD. He states: “It’s now more important than ever for employers to look at schemes like these and really think about the all-round benefits for both the organisation and the staff.”

“Continuing Professional Development often falls to the bottom of a long list of priorities, leaving staff looking for alternative employment and their employers facing a HR disaster.”

With 87.8% of professionals believe training is essential in regards to advancing technologies and sector changes, and 93.6% feel the Government should be doing more to promote CPD, these shortcomings stand to affect the employer just as negatively as it does the work force.

“There are a number of businesses that already understand the value of staff training which is appealing to employees that want to learn,” says Biggins.“By not offering staff the opportunity to learn and develop, they might start to look elsewhere.”


(Source from: http://www.hrgrapevine.com/, 17.6.2015)

HR News

90% of workers would stay in job if offered more training

Discussion on statutory holidays

Hongkongers’ retirement fund not sufficient, survey finds

Survey reports on working hours studied

Consultation on raising minimum and maximum levels of relevant income

Open-plan offices are proving to be a distraction

Employee benefits to de facto relationships doubted

HK people’s working hours studied

Retention rate after mergers and acquisitions surveyed

Better English helps career development, survey finds

Union suggests 7% pay rise for 2015

4.5% Base Pay Rise Forecast for 2015

HK Aug total retail sales up 3.4%

Germany considers new law to protect workers from stress

Tesco boss orders senior staff back to the shop floor

China: seven provinces raise minimum wages, Shanghai leads the country

China: registered urban unemployment rate remains stable around 4.8% in Q1 2014

China: 25 provinces raise the corporate pension for retirees

Working women without children resentful of flexible working for parents

Do your staff cyberloaf?

Things You Should or Shouldn’t Do for a Happier Work Life

Need New Customers? Get Happy Employees

A turning point for China? The UK-China business relationship in the Year of the Horse

'HR must do more with less'

Person fined for operating unlicensed employment agency

Female leaders critical for success

Early exit not working for HKU staff

Govt announces plans for paternity leave

Chief Executive under fire over MPF dispute

Cities in China raise their minimum wage in 2014

Obama urges rise in minimum wage

Labour Dept officers to interview maid

Hong Kong continues to fight for gender diversity

Flexible working key to securing top talent

The average salary of industries increase most in 2014

Labour Department partners with catering industry to enhance work safety

Video CVs are the future for jobseekers

Men More Likely to Take the Top Position in HR

HK unemployment rate edges down to 3.4%

C&B round-up 2013

IKEA contributes €100million to worker pension scheme

How PR affects HR

10 Key Steps to Effective Succession Planning

Like A Law Job That Pays Like This?

HK Government Encouraging Women to Return to Workforce

Hong Kong must do more to stop people committing suicide

Special needs workplace subsidy opens

Employment agency fined for overcharging job seeker

HKIHRM sees pay hikes 4.3%-4.7% in 2014

4.5% rise for Cathay staff

Males show stronger coordination and perception, females have better memory and multitasking ability

China's manufacturing PMI falls

Hong Kong - Implementation of statutory minimum wage rate

Hong Kong - MPFA on review of minimum and maximum relevant income levels for Mandatory Provident Fund contributions

China - Minimum Wage

Hong Kong - Minimum Wage