According to the Association for Talent Development (ATD), companies that offer robust training programs experience a 218% higher income per employee than companies without formalized training.
Yet too many small and growing businesses fail to provide ongoing employee training. Or they hire a trainer who is an industry expert to deliver mandated compliance and technical training.
As a result, too many employees from entry-level to executive don’t have ongoing access to development opportunities. And too often, they don’t possess the skills required to achieve their company’s business goals.
76% of employees say that a company is more appealing if it offers skills training to staff (Axonify’s State of Workplace Training Study), and 59% of millennials say that development opportunities are extremely important when they decide whether to apply for a position (Gallup).
Yet, a Chief Learning Officer or VP of Learning and Development can be an investment of $100,000+ per year, and that’s not including benefits or the coaching and training team to implement their recommendations.
Quarterly Investment: $4997+