Investing in Talent for Both New + Experienced Attorneys + Tax Professionals

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Investing in Talent for Both New + Experienced Attorneys + Tax Professionals

 

Employee training and development during onboarding is crucial for long-term retention. It helps new hires to learn about the organization's culture, values, and expectations, and acquire the necessary skills and knowledge to perform their job duties effectively. However, training is often overlooked as a benefit, despite its potential to demonstrate a commitment to professional and personal development. Here are some reasons why training should be treated as a staff benefit: 

 

Making Time for Development 

Firms need to demonstrate that time can be made for additional training without any subsequent repercussions. A flexible learning environment can help employees continue their development without taking too much time away from their desk. For example, many providers now offer up OnDemand learning – recorded webinars or asynchronous courses offerings give learners the flexibility they need to fit courses into their schedule and keep firm priorities from being negatively impacted.  

Help Employees to Choose Development 

Prior to accepting a new role, 46% of employees consider the benefits package on offer before making a final decision.  Training and development should be an essential part of the benefits package. Employees who feel more responsible for their own development are more likely to view training as a perk rather than something that they 'should' be doing. 

Showcase company commitment 

Implementing a solid development programme showcases true company commitment to employees. It helps to minimise staff turnover figures and create a happier working environment. 71% of Millennials in particular are likely to leave an organization within two years if they’re not satisfied with their development. However, it’s estimated that 94% of employees would stay at a company longer if that firm displays investment in their careers, helping to minimize staff turnover figures and create a happier working environment. 

Measure Successes 

When it comes to effective learning, any courses that are undertaken by employees should have measurable results.  Tracking the impact of training is essential to understanding its success and should be considered prior to enrollment. Measurable results provide an insight into what drives team members and what their long-term goals are, allowing firms to fully utilize their capabilities. It’s vital to understand what difference this training has made to individuals and your team. This will provide you with an insight into what drives your team members and what their long term goals are, allowing you to fully utilize their capabilities in your organization. 

Training should be treated as a staff benefit, not a burden. Embedding learning opportunities into the culture of a firm will aid individuals to develop their personal and professional skills, helping them to excel in client and team relationships, deliver better quality or more productive outcomes, and ultimately motivate them to succeed and develop even further. 

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