Professional development refers to any training or educational initiatives used to learn new skills, stay up to date in a fast-changing work world, and make career advancements. Certainly, workers with professional development are more likely to get promotions and higher salaries. But often, it is the first thing companies cut when the budget is tight because the value of investing in professional development isn’t immediately obvious.
There are four direct benefits to a company that invests in professional development:
But it doesn’t stop there. Here are five ways in which professional development benefits both the company AND its employees:
Given the many benefits of investing in the professional development of workers, it is worth considering what skills would be the best to focus on.
As a leader, you may be asking what you can do to promote professional development in your workers.
We realize that investing in the professional development of your workers can make you face many decisions and know that we’re here to help.
Please contact us at firstname.lastname@example.org so we can work together to create solutions that work best for you and your organization.