Without a doubt, 2021 is still as challenging as 2020, and some companies are admittedly probably deciding if corporate trainings are still worth it to invest in. Budgets must be reassessed, especially if they are to continue despite the many challenges still brought about by the pandemic.
An important question to ask, then, is this: Are corporate trainings still as valuable now?
You might be thinking — Won’t it make a difference if they’re done online? Or, can we really conduct trainings virtually? Or maybe, do employees even want them? Let’s let the numbers below speak for themselves.
Based from the well-known Gallup worldwide engagement survey conducted last 2017, 87% of employees are not engaged at work. According to a New Zealand Report called The Learning Wave, 74% of professionals feel that they aren’t achieving their full potential at work due to lack of opportunities. Corporate trainings are a great way to engage employees — not only do they equip them with new skills they can apply to work, but they feel valued in the company to be given the opportunity to attend these programs! Make sure your employees don’t belong to the majority of disengaged employees by investing in their growth through corporate training programs.
Additionally, Huffington Post claims that companies who invest in training for their employees achieve 24% higher profit margins. Upskilling and reskilling your employees for whatever role they have will make them more competent and able to achieve the targets given to them. When it comes to knowing if corporate trainings actually end up affecting the bottom line, this is it!
If you’re wondering what employees think about training: 68% of respondents from a survey by ClearCompany agree that training and development is the company’s most important policy. In fact, according to a survey by go2HR, 40% of employees who receive poor training are said to leave within 1 year of their employment! See how many employees actually value training programs!
Aside from corporate trainings, based from a Remote Employee Experience Index survey conducted by Slack, employees experience an 10 point increase in sense of belonging if teambuildings are done by a company. There’s something special about using Zoom not for meetings, but for opportunities to unwind and spend time together with your co-workers, without talking about work!
So believe it or not, corporate trainings aren’t just valuable to companies now, but they remain to be just as essential if you want to continue retaining and engaging your employees. In fact, more than ever, corporate trainings continue to be one of the best investments a company can make for its employees.
Luckily, iLeap offers both corporate training and teambuilding programs that are interactive, engaging, and sure to be an experience your employees won’t forget. Take the leap with us and message us to know more!