9 powerful reasons to invest in your employees

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Post on 18-Oct-2014

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No matter how long you have been in management, these 9 facts will change the way you view employee training and development.

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Page 2: 9 Powerful Reasons to Invest in Your Employees

Untrained employees take up to six times longer to

perform the same task as trained employees.

Source: HP

Page 4: 9 Powerful Reasons to Invest in Your Employees

Organizations that purchased training in

Finance and Accounting increased cash flow by

16.3% on average.Source: LearnDash

Page 5: 9 Powerful Reasons to Invest in Your Employees

Organizations that purchased training in sales and marketing increased their sales by 6.5%

and increased their profit margin by a whopping 24% on

average.Source: LearnDash

Page 6: 9 Powerful Reasons to Invest in Your Employees

60% of employees would opt to stay with an employer that invests in their professional

development, rather than go to an employer that pays more but does not invest in professional

development. Source: CIPD

Page 7: 9 Powerful Reasons to Invest in Your Employees

Companies that don’t train their employees are

3x more likely to lose them than companies that do train their employees.

Source: Business Week

Page 8: 9 Powerful Reasons to Invest in Your Employees

Replacing a professional costs your company about

$100,000.Source: Development Dimensions International

Page 9: 9 Powerful Reasons to Invest in Your Employees

Just a 2% increase in productivity can yield a

100% return on investment in outsourced, instructor-

lead training.Source: Avatech

Page 12: 9 Powerful Reasons to Invest in Your Employees

ABOUT USCorporate Learning & Performance Improvement is committed to meeting the learning needs of business in our community. We

are actively working with over 345 organizations and thousands of students focused on programs and skills that address the

demands of the new economy. Our mandate is to meet the challenges our partners face with relevant, flexible, practical programs

that offer on the job training to employees with the goal of increasing productivity and closing the skills gap while supporting the

commercial growth and prosperity of Eastern Ontario.

Offices Contact Information Key Facts and Figures

St. Lawrence College CLPI100 Portsmouth AvenueKingston, Ontario K7L 5A6

Website: www.slccorporatelearning.comEmail: [email protected]: 613.544.5400 ext. 1348Toll Free: 1.866.274.2298

Employees: 48Growth Rate (YOY): 66%Largest Clients: Government of Canada, Burnbrae Farms, Four-O-One Electric, DuPont, City of Kingston, Cunningham Swan LLPClient Industries: Government, Manufacturing, Professional Services, ICT, Education, Healthcare