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Tag Archive for: learning and development

How to Leverage Learning and Development to Improve Employee Retention

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man sitting with laptop smiling at a coffee shop

Recently, employees’ priorities and desires have shifted—especially as a result of the pandemic.

Many individuals previously valued high-end office amenities and compensation above all else. Now, however, the list of desires has changed dramatically. (That’s not to say that brag-worthy offices and compensation don’t matter!)

There is one element that employers can leverage to improve employee retention: enter learning and development (L&D). Let’s continue this conversation on how to leverage learning and development to improve employee retention.

What is Learning and Development?

Learning and development (L&D) is an HR function defined as “a systematic process to enhance an employee’s skills, knowledge, and competency, resulting in better performance in a work setting.”

In ​​Human Resource Management, Back to Basics by Filip Lievens, it’s written that the goal of L&D is “to develop or change the behavior of individuals or groups for the better, sharing knowledge and insights that enable them to do their work better, or cultivate attitudes that help them perform better.”

So, what does this look like in real life? L&D can look like a variety of things depending on the business making the investment. For example:

  • One-on-one coaching
  • Seminars and/or workshops
  • Continued education
  • And more!
Infographic of How to Leverage Learning and Development to Improve Employee Retention

What Are the Benefits of Learning and Development?

There are various benefits—for both employees and employers—when it comes to implementing an effective L&D strategy for your business. Some of the benefits include:

  • Increased productivity
  • Reduced workplace risk
  • Increased job satisfaction
  • And of course, increased retention (which in turn leads to financial savings!)

How Learning and Development Improves Employee Retention

Increased employee retention is one of the best benefits of a successful learning and development strategy. In fact, according to a LinkedIn study, “94% of employees would stay at a company for longer if the business was investing in their career development.” Wow, that’s a statistic that can’t be ignored!

Moreover, L&D is something that you can’t ignore—especially given the Great Resignation that we’re observing now. The job market is HOT, and research shows that 86% of professionals would change jobs if a new company offered more opportunities for professional development.

PS: Employers who are fearful of the Great Resignation… Check out one of our latest articles on how to prevent the Great Resignation in your business.

How Can You Make Learning and Development Possible for Your Business?

We know, all of this L&D talk sounds great… But how can you make L&D possible for YOUR business? Below, we’ve listed three tips for getting started.

Incorporate Learning and Development Right Off The Bat

Many employers make the mistake of not implementing learning and development for new hires until they’re “comfortable” in their roles. Professional development, however, should be accessible from the get-go. This will ensure L&D has a more profound impact on an employee’s experience.

Build Learning and Development into Everyone’s Schedules

We know, everyone is busy! Whether it’s monthly or quarterly, it’s important to set aside a designated time for L&D on everyone’s calendars.

Make Learning and Development Accessible

Contrary to popular belief, L&D doesn’t have to break the bank. In fact, it’s often cheaper than many of the other perks you might offer your employees. That being said, learning and development opportunities should be spread across the board—and not just available to key employees and executives.

In fact, coaching has been named one of the most requested employee benefits, and the results are a win-win for both employee and employer. The bottom line? All of your employees are worth the investment of L&D!

Interested in learning more? Read on to see how learning and development can transform your company culture.

https://www.cultureworkshr.com/wp-content/uploads/2022/05/How-to-Leverage-Learning-and-Development-to-Improve-Employee-Retention-1.png 628 1200 becca https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png becca2022-06-12 07:00:002022-05-12 17:28:04How to Leverage Learning and Development to Improve Employee Retention

How Learning and Development Can Transform Your Company Culture

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How Learning and Development Can Transform Your Company Culture

It is not enough for a company to say it invest in its company culture. Creating a healthy workplace environment is a process that takes time and commitment. A factor that is often forgotten with any process is that learning new skills is essential to change. With learning comes vulnerability.

So, let’s chat about the power of learning and development within the workplace.

What Is Learning and Development? 

Learning and development (L&D) is an HR function: “a way of accruing value in employees that involves evaluating staff for potential and then developing it… on-boarding new staff and honing the skills of current employees.” 

How is this accomplished? 

By “using appropriate curriculum and techniques such as coaching, individual and team training, and staff assessments. Learning management systems also increase employee engagement.”

To reiterate the importance of L&D, we acknowledge that, “The term ‘learning’ often applies to immediate teaching, and ‘development’ has a longer-term connotation.”

Why Learning and Development? 

Culture Works acknowledges that part of our impact is through: 

  • Purpose
  • People
  • Process. 

The process means that we align HR and operations to simplify internal processes. We drive results by implementing HR infrastructure upgrades which are the building blocks of aligned organizational culture and business goals.

Learning and development are creating specific skills and connections that stay with employees when they leave the office for the day. Learning and development, in the long run, boost company culture while also improving the bottom line. L&D programs, in short, benefits employees and the company as a whole.

Creating a positive work environment with L&D

The news of the Great Resignation affecting all industries right now has pushed for more active implementation for positive company cultures in the workplace. There are ways to improve positive company culture with L&D. 

Utilize KSAs, not KPIs

In order to be a company that values a learning culture, you should put more emphasis on KSAs (knowledge, skills, and abilities) rather than key performance indicators (KPIs). Employees should be encouraged to better themselves in order to contribute to the greater success of the business. 

It’s important for employees to understand that learning and experimenting with new skills in the workplace is encouraged as well as expected. Empowering employees to take the initiative in their development is one of the best ways to help your employees and your company grow. 

Continually measure and adapt

In everything you do, it’s important to assess the results. These assessments will give you the information you need to build a better program and keep your employees motivated. 

Employee surveys are a great way to assess your efforts. Start with an assessment to establish benchmarks in areas like knowledge and performance. Once you have the base assessment, you can base your further efforts on the evaluation. These will help you uncover the impact of the program on retention, internal mobility, business results, and other factors that lead to success. 

It’s also important to assess employee responses to your efforts. Are employees taking advantage of the provided opportunities? Are they utilizing the online resources? If not, you may need to change course. 

Engage your middle management

It is said that company culture changes start from the top down, and while that is true (without high-level buy-in any culture initiative will fail), it is also essential to engage your middle management. If your mid-level managers do not understand the importance of learning and development, their direct reports will never completely buy-in. 

Middle managers need to know that the learning and development programs are designed to help keep employee skills up to date, and prepare their employees for potential growth opportunities. 

Managers can serve as a mentor to their employees, performing the training programs, and following up after. When employees take the time to develop new skills, it makes them better contributors to the team and gives them the opportunity to act as team players. When managers understand this, they will buy-in.

Recognize the difference between skills and behaviors. 

Understanding the difference between skills and behaviors will help you tailor your programs to ensure employee success. Skills are typically straightforward to learn and can be easily transferred in an online teaching environment. 

Changes in behavior are more complex. How people act in specific circumstances, like high-pressure situations, is more challenging to teach. Teaching the ‘why’ behind behaviors helps to promote a greater learning environment. You must teach your employees how you would like them to conduct themselves in the workplace. Part of this teaching process is modeling the behavior you’re actively encouraging your workforce to implement yourself. 

For example, if you have a collaborative, candid environment, you would do well to give employees the skills to be candid, accept honest feedback, and collaborate with teams. Understanding how your corporate culture meshes with your employees’ communication styles will define your company’s overall approach to learning. 

Are you debating if your company truly has a positive culture, one that implements Learning and Development? Read our blog to learn the 5 signs that your company does have a positive company culture. 

https://www.cultureworkshr.com/wp-content/uploads/2022/01/iStock-1327589734-1.jpg 1309 2291 Kelsey https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Kelsey2022-02-06 12:52:002022-02-01 14:12:25How Learning and Development Can Transform Your Company Culture

Create a Positive Work Culture: Tips from HR Gurus

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Create a Positive Work Culture: Tips from HR Gurus

At Culture Works, we believe that making employees feel comfortable should be at the forefront of any company intent with culture. If employees feel nervous to speak up, then the likelihood of honest conversations and growth is slim.

Read more
https://www.cultureworkshr.com/wp-content/uploads/2021/08/iStock-1227094223.jpg 1414 2121 Kelsey https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Kelsey2021-09-26 12:27:002021-11-19 10:58:03Create a Positive Work Culture: Tips from HR Gurus

How to Create an Actionable Learning Strategy

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How to Create an Actionable Learning Strategy

According to Harvard Business Review, 75% of managers across 50 organizations were dissatisfied with their company’s learning and development functions. With that statistic in mind and the $359 billion spent on training in 2016, it’s essential that your company’s learning and development program is developed properly.

Read more
https://www.cultureworkshr.com/wp-content/uploads/2021/08/iStock-1192721749-scaled.jpg 1707 2560 Kelsey https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Kelsey2021-09-19 12:06:002021-11-19 10:58:45How to Create an Actionable Learning Strategy

Top 10 Best and Worst Mergers of All Time!

News, Personal
Top 10 Best and Worst Mergers of All Time!

If your company prioritizes purpose and culture, a merger can disrupt the flow. As Jack Canfield once said, “If you can tune into your purpose and really align with it, setting goals so that your vision is an expression of that purpose, then life flows much more easily.” On that note, let’s take a look back in time at some of the best and worst company mergers (so we can learn together!)

Read more
https://www.cultureworkshr.com/wp-content/uploads/2021/08/iStock-876353660.jpg 1414 2119 Kelsey https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Kelsey2021-09-12 11:49:002021-11-19 08:06:13Top 10 Best and Worst Mergers of All Time!

The Power of Learning and Development

News
The Power of Learning and Development

It is not enough for a company to stay stagnant in its company culture. Creating a healthy workplace environment is a process that takes time and commitment. A factor that is often forgotten with any process is that learning new skills is essential to change. And that with learning comes vulnerability.

Read more
https://www.cultureworkshr.com/wp-content/uploads/2021/07/iStock-1253877186.jpg 1414 2121 Kelsey https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Kelsey2021-08-08 15:09:002021-11-19 11:06:19The Power of Learning and Development

Navigating Learning and Development Post-COVID

COVID-19, News
Navigating Learning and Development Post-COVID

We are (hopefully) quickly approaching a world post-COVID. As things return to normal, employers wrestle with the question of whether or not to return their employees to the office. If this last year has taught employers anything, it’s that employees can still effectively do their jobs from home—and they want to!

Read more
https://www.cultureworkshr.com/wp-content/uploads/2021/05/iStock-1221121386.jpg 1414 2121 Kelsey https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Kelsey2021-06-20 13:12:002021-05-25 08:53:23Navigating Learning and Development Post-COVID

Don’t Forget Your Middle-Tier Employees- Invest in L&D

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Don't Forget Your Middle-Tier Employees- Invest in L&D

There’s a gap in organizational development. We’ve seen it time and time again. Organizational leadership is focused on the wrong areas of their business. We constantly ask leadership to give us a rundown of where they’re spending their time, and it’s typically not focused in the right areas.

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https://www.cultureworkshr.com/wp-content/uploads/2021/04/Copy-of-Copy-of-Template-1_-Colored-Image-no-text.png 1080 1080 Becca Jones https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Becca Jones2021-04-18 14:14:002021-11-19 11:19:25Don’t Forget Your Middle-Tier Employees- Invest in L&D

How Poorly Executed Learning and Development Strategies Can Backfire

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How Poorly Executed Learning and Development Strategies Can Backfire

According to Harvard Business Review, 75% of managers across 50 organizations were dissatisfied with their company’s learning and development functions. With that statistic in mind, and the $359 billion spent on training in 2016, it’s essential that your company’s learning and development program is developed properly. As a business owner, you probably know you should start implementing a learning and development program. 

Read more
https://www.cultureworkshr.com/wp-content/uploads/2021/02/Copy-of-Template-1_-Colored-Image-no-text.png 1080 1080 Jackie Berens https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Jackie Berens2021-02-28 12:51:002021-02-24 13:30:15How Poorly Executed Learning and Development Strategies Can Backfire

How Learning and Development Can Transform Your Company Culture

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How Learning and Development Can Transform Your Company Culture

Would it surprise you if we told you that “93% of employees say they will stay longer at a company when that company invests in their career development?” Yeah, we weren’t surprised either! Learning and development programs are directly related to greater employee retention and satisfaction. Not only do employees feel valued and supported, but they are also receiving training that leads to greater productivity. 

From our experience, we’ve found the biggest challenge for employers is creating a learning and development environment that helps their employees succeed. In order to create this environment, you need to know what you’re creating, having a goal in mind makes it all more worthwhile. So, let’s dive deeper into what learning and development means, and how you can start implementing it into your company culture!

Read more
https://www.cultureworkshr.com/wp-content/uploads/2021/01/Template-1_-CWteam.png 1080 1080 Jackie Berens https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Jackie Berens2021-02-07 13:57:002022-06-09 15:59:33How Learning and Development Can Transform Your Company Culture

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