9 powerful reasons to invest in your employees
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.TRANSCRIPT
Untrained employees take up to six times longer to
perform the same task as trained employees.
Source: HP
Organizations that invest in employee
training outperform the market by 45%.
Source: ASTD
Organizations that purchased training in
Finance and Accounting increased cash flow by
16.3% on average.Source: LearnDash
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
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
Companies that don’t train their employees are
3x more likely to lose them than companies that do train their employees.
Source: Business Week
Replacing a professional costs your company about
$100,000.Source: Development Dimensions International
Just a 2% increase in productivity can yield a
100% return on investment in outsourced, instructor-
lead training.Source: Avatech
Studies show that in-house training costs
73% more than outsourced training.
Source: HP
Sold on professional development?
Check out our list of upcoming programs at www.slccorporatelearning.ca/schedule
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