The development of your staff is very important in business, mainly because they are the driving force in moving your business forward. Regular skills development is essential in ensuring ongoing business development.
There are a number of important reasons why skills development training can be beneficial to the business and should therefore be made a priority. With quality training in place, you will also see your return on investment within your balance sheet.
Top 5 benefits of skills development
  • Keep up with Industry changes

Industries are constantly changing and so it is important for a business to develop to avoid being left behind. It’s also important to make sure the business is complying with any industry regulations, which can be achieved through ongoing training, making sure your staff’s skills and knowledge are up to date.

  • Be ahead of competitors

Standing still can kill your business, so by making sure your staff are constantly advancing, you will continue to move forward and remain competitive within the marketplace.

  • Be able to see weaknesses and skills gaps

With regular training, a business can more easily identify any gaps in the market and skills within the workforce.

  • Advance employee skills

Once a business has spent money on providing basic level skills, these can easily be built upon and improved to provide much more benefit to the business. Staff that know more can bring more to the table, and your business will reap the rewards.

  • Provide Internal promotion opportunities

Employing new staff involves high recruitment costs and hiring fees. However, with ongoing training existing staff can become more eligible for internal promotions. Unlike new staff, you can guarantee they have a complete knowledge of your business, the correct skill set and are people that know you know and trust.

Does your organisation need assistance with skills development and employment equity, get in touch with Eskilz to discuss your training needs and compliance. Contact