Employee Disengagement Costs $550 Billion.
Disengagement costs companies around the world roughly $550 billion, annually.
That is serious money that you surely don't want to lose.
Disengagement is frequently the by-product of poor training.
Under-trained employees feel disengaged from their work due to feeling underprepared to fulfill their duties or feeling unsure of what their duties may be!
Companies see an increase of 21% in profits when they appropriately invest in employee training!
Consultants found that employees who had their training invested in were:
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more engaged with their work
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able to better help customers
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kept a better eye on their processes and standards.
These together led to profitability increase of 21%.
70% of employees feel inadequately trained.
How many employees do you have?
Imagine 70% of your workforce saying that they feel under-trained for the job you pay them for.
That is a lot of time and money wasted that wouldn't be, if employees were well-trained for their position.
40% of Employees Who Receive Inadequate Training Will Leave the Company After One Year
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According to go2HR, 40% of employees who receive inadequate training will leave their company after one year.
An employee costs roughly 1/5 of their salary to train. That is a lot of money down the drain and time wasted training new hires!
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