Employee training plays a big role in shaping a successful team, but how does it impact a business? Looking at employee training statistics can give you a clearer picture of how training affects everything from productivity to employee retention.
In this article, we’ll explore workplace learning trends that show just how much training can influence performance and growth. Whether you're a manager or a business owner, these insights can help you make smarter decisions about training and development.
In this article, we’ll explore workplace learning trends that show just how much training can influence performance and growth. Whether you're a manager or a business owner, these insights can help you make smarter decisions about training and development.
Employee training statistics are data that show the impact and effectiveness of training programs on an organization’s performance. These numbers show how training influences key areas like employee productivity, job satisfaction, retention, and overall business success.
Understanding these learning and development statistics helps businesses identify trends. Plus, they can measure the success of their training efforts and make informed decisions about where to focus resources.
With the right data, companies can shape training programs that lead to more engaged employees. Here are some important statistics that shed light on the impact of effective employee training.
First on the list of learning and development trends is this research from the Society for Human Resource Management (SHRM). It shows that organizations with structured onboarding processes improve new hire retention by 82%.
This is one of the most important training and employee retention statistics as it underscores the importance of effective training right from the start. This type of training helps new employees feel supported and integrated into the company culture smoothly.
According to the Association for Talent Development, businesses that prioritize employee training are more likely to experience better financial outcomes. Investing in skills development can directly contribute to increased profitability. Skills development boosts employee performance by giving them the latest tools and knowledge to succeed.
This often leads to greater efficiency, fewer mistakes, and happier customers, all of which contribute to higher profits. When employees are more skilled, the whole organization gains a competitive advantage in the market.
Yearly, skill sets for jobs have been increasing and by 2027, the number is forecasted to double. This can be seen in LinkedIn members who have added 286 million skills to their respective profiles in 2021 alone. This number is 22% higher than the year before that.
When employees receive thorough training, they’re more motivated and committed to their roles. The 23% engaged employees are more likely to be productive and contribute to a positive workplace culture. These employees usually outperform the rest in the organization and so, is important for the business.
Plus, when workers feel connected to their roles, they're more likely to put in extra effort which leads to better teamwork and overall success. This lifts morale and also helps create a positive work environment that attracts and keeps top talent.
Younger employees, especially millennials, place a high value on learning opportunities. Actually, 87% of millennials believe that career growth is a top priority for them when seeking roles. This means, offering training programs can be a powerful tool in attracting and retaining this demographic of workers.
Did you know that one of the most common career development opportunities at work is leadership training? Based on this report by LinkedIn Learning, 71% of organizations take advantage of leadership training to help employees upskill. It’s followed by internal job offerings at 59%, then mentorship programs and career development plans – both at 55%.
Formalized training can also highly impact employee income. In fact, companies that provide extensive training have 218% higher income per employee than other companies without it. This statistic alone is a good motivator for organizations to prioritize training. Overall, these companies also have a 24% higher profit margin.
Employee retention is significantly influenced by a company’s commitment to their worker’s growth and development. Training can be a key factor in keeping employees happy and engaged. 94% of employees agreed that they’re more inclined to stay in their jobs where the company invests in their career development.
Businesses allocate a considerable amount of money, averaging $1,286 per employee each year to invest in training programs. This only reflects the importance they place on staff training, especially because the number of hours spent on this has been increasing yearly.
Many employees value flexible learning options that allow them to control the pace of their training. In this report, about 58% of them have a preference for learning at their own pace. Offering self-paced training can lead to higher engagement and completion rates.
Self-paced learning comes with several perks, like allowing employees to fit training into their busy schedules without feeling rushed. This flexibility lets them revisit difficult topics and really grasp the material, leading to better retention. Plus, it promotes a sense of independence and motivation, as learners can move at a pace that works best for them.
These employee training statistics paint a clear picture of how workplace learning is important in boosting retention, performance, and overall satisfaction. Using learning platforms like SC Training can help organizations implement effective training strategies.
SC Training offers a variety of bite-sized courses that can be completed anywhere and anytime. Plus, once your team finishes a course, they’ll receive a certificate that can serve as proof of achievement and willingness to upskill. This recognition can motivate employees to engage in their learning journey, leading to a more skilled and committed workforce.
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Author
Allyssa is a content specialist for SC Training (formerly EdApp), a leading mobile-first LMS platform that specializes in training solutions for companies globally. She has a background in SEO writing, especially for sports, real estate, construction, and digital marketing. Besides writing, she enjoys reading, baking, and binge-watching TV shows.