Newsletter Article
Member Benefit
Published Fri Oct 06 2023
When it comes to building and maintaining a positive workplace culture and retaining key employees in the postpandemic labor force, learning and development (L&D) is key. Today’s job seekers prioritize employers with a strong cultural fit and a dedication to their employees’ professional growth. Research underscores the connection between employee development opportunities and retention. Approximately 60% of employees leave their jobs due to a lack of growth opportunities. L&D initiatives not only enhance skills but also boost employees’ well-being, reduce anxiety, and increase confidence, making them more engaged and committed. There are several ways to invest in L&D, such as sending employees to industry conferences for learning and networking, assisting them in joining industry associations or obtaining certifications, and organizing lunch & learn sessions for team building. Formal mentoring programs and informal arrangements where experienced employees share their expertise also contribute to employee growth and loyalty. Ultimately, investing in L&D helps build a workplace culture that supports and encourages employees. The key is to find the most suitable approach to enable employees to advance and find satisfaction within the organization. By doing so, businesses can attract and retain top talent in a competitive job market.
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