Current Employment Trends and Their Implications for Business, Society, and Individuals
February 12, 2025
Whenever companies need to raise money by accessing the public markets, they have to use the services of investment banks. This is because investment bankers have a readymade network which they use to sell securities to the general public. Investment banks are the central character for a company if it needs to go public. It […]
Managers need to know their employees for them to feel valued and indispensable for the organization. Even the best of salaries and facilities would not help you retain your employees, if you do not appreciate and acknowledge their hard work. You need to know your employees’ well – their capabilities, skill sets, expertise and also […]
There are several components of project management that encompass the spectrum of project management. Right from the initial setting up of the project to the closure, each phase brings a new set of challenges and components to the art of project management. Specifically, the project manager has to manage the team and take bottom-line responsibility […]
Many theorists believe that organizational decay is caused by external factors. In fact, some have gone far enough to suggest the various stages in which this decline happens. However, the exact external causes are often difficult to understand. In this article, we will have a look at some of the most prominent causes of organizational […]
What is Affirmative Action and does it Help or Hinder the Goals of Social Justice? The United States has a policy of what is known as Affirmative Action on campuses across the country to actualize Social Justice and to empower historically disadvantaged and disaffected communities. Affirmative Action is a term which indicates how members of […]
Employee development activities help in the growth and development of employees, who are the true assets of an organization. You need to respect your employees for them to feel motivated and develop a sense of loyalty and attachment towards the organization. Don’t forget your employees strive really hard for almost the entire day to accomplish the organization’s goals and objectives. They need to be appreciated. The management ought to acknowledge their hard work.
Employees who give their heart and soul to the organization also expect something in return. Money could be one motivating factor but nothing like it if you prepare your employee not only for his/her current job but also for future assignments as well. Employees need to grow with time. One cannot apply similar skills and techniques everywhere. Technology also becomes obsolete with time. An individual needs to keep himself/herself abreast with the latest developments to survive the fierce competition.
Employee development is important for employees to enhance their skills and upgrade their existing knowledge in order to perform better. Employee development activities and trainings make an employee aware of the latest developments and what is happening around him?
Employee development is important not only for professional but also personal growth of employees. Employee development activities prepare individuals for adverse conditions and unforeseen situations.
Every employee likes to acquire new skills and learnings while at job. A sense of pride develops when they feel that their organization is investing time and resources to train them. Employee development is essential for extracting the best out of employees.
In-house and outsourced trainings, conferences, seminars, WebEx sessions make employees better and reliable resources. Make them feel that the responsibility of the organization lies in their shoulders only. Trainings indeed help an employee to perform his/her level best, eventually benefitting the organization and yielding higher profits.
Employee development creates a learning culture in the organization where every employee is motivated to learn new skills and acquire new learnings. You really need to give their careers an extra push. Motivate them to inculcate the habit of reading. Encourage them to register for various online or distance learning courses which will help them enhance their skills along with their jobs.
Employee development helps an employee to do a self analysis of himself/herself. He knows where he is lacking and what all new skills and learnings will help him/her improve his performance and deliver better results. You need to evaluate your performance from time to time to measure the gap between your current stage and desired stage.
Employee development activities and trainings help the employees to overcome the gap between their current stage and where they would like to see themselves five years down the line. Employee development activities not only prepare an individual for present but also for the future.
Training is important as it makes an employee self dependent and capable of facing even the worst circumstances with a smile.
Organizations who train their employees from time to time do not face the problem of employee attrition. Employees hardly leave such organizations where they are being trained along with their routine jobs.
Employee development also goes a long way in strengthening the relationship among employees. Individuals as a result of various trainings, open house sessions, forums tend to interact with each other more and thus come closer. They do not hesitate to share knowledge, pass on relevant information and even train fellow workers.
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