In today’s tight labor market, employers need to offer more than just a paycheck to entice workers. Good benefits, above-average wages, and time off are a few ways to do this, but offering professional development opportunities can also draw in top talent.
Good employees are always striving to seek more knowledge, polish their professional skills, and aim for excellence each day on the job. They want jobs that help them build a career. By offering opportunities for employees to grow, employers can attract driven talent and benefit from more skilled employees.
5 Key Reasons Employers Should Invest in Professional Development
From a Human Resources perspective, here are five key reasons why employers should invest in ongoing professional development for employees.
1. Attract Top Talent
As the world returns to normal from the pandemic, employees and job-seekers are demanding more from their jobs than ever before. Professional development opportunities are attractive to job seekers that want to build a career rather than just work a job.
2. Higher Productivity
Every employer wants a high rate of productivity from their employees, right? When professional development opportunities are encouraged and made available, employees can gain updated knowledge and skills that can ultimately lead to an increased level of productivity for your business.
3. A Boost in Morale
Many employees have felt burnt out or unappreciated during the pandemic. What better way to show an employee that you value them than by investing in opportunities for them to improve themselves, personally and professionally? Offering growth opportunities for employees can help retain high-achievers. It can even help employees perform better!
4. The Pursuit of Excellence
Certification courses, higher education, or even speakers and workshops can be highly motivating activities for employees. These professional development opportunities help employees seek out excellence in their work.
5. Investment in the Future
When an employee learns new knowledge or skills, they are more equipped to then teach and train newer coworkers who join the team after them. Professional development is an investment in future leaders who can smoothly transition into higher-ranking roles as individuals retire or seek other career opportunities.
Get the HR Support You Need
At LBMC Employment Partners, our success is rooted in the relationships we help our clients build with their people, their leadership teams, and their future. We’re not just solving today’s HR challenges; we’re equipping businesses to grow stronger, scale smarter, and support their employees with confidence. Because when your people thrive, your business does too, and we’re here to fuel that performance with a partnership that lasts. Contact us to learn how we can help strengthen your business and your team.