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Training investment can greatly benefit business

Apr 02 2008

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Investment in training and skills for a workforce can significantly increase staff morale, sales and productivity, according to the Learning and Skills Council (LSC).

Director of skills for employers for the LSC Jaine Clarke says that using government services to improve skills levels for employees is good for both the individual and their company.

According to figures produced by the Department for Education and Skills in their report Workforce Training in England 2006, for firms with two to four employees, an appropriate training programme increased sales and turnover in 45 per cent of businesses.
In 30 per cent of these firms, staff retention was increased and 57 per cent of them experienced improved productivity.

'Individuals in the workplace always feel more loyalty towards a business that is taking a look at you and looking at how it can support you to do your job better, to understand the business better, or even to progress on within that business,' Clarke says.

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