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Ninety-two percent prioritise learning and development : the Great Upskill has arrived
New research by e-learning solutions platform , imc , reports that 92 % of employees consider training a deal breaker if choosing between two potential employers , amid a growing trend of employees expecting employers to offer better opportunities for learning and development ( L & D ). The trend , which was sparked by the major societal shift in personal and professional priorities post-pandemic – also known as the Great Resignation or Great Reshuffle – is now being billed as ‘ The Great Upskill ’.
The Great Upskill is a natural evolution of the Great Resignation , as people seek greater fulfilment and engagement with their working lives . Aside from a greater expectation of flexibility , employees now want to work for employers that help them to enrich their working experience through ‘ upskilling ’, training , personal and professional development and by creating engaging career paths for the short- , medium – and long-term . They want to achieve more , know more and generally be more engaged with the work they are doing – a move away from the traditional approach to benefits , which focused heavily on short-term perks , like free fruit .
imc research has found that 52 % of employees had left a role due to lack of personal or professional development opportunities . Interestingly in this context , 48 % of employees have not received training in the last 12 months . The importance of creating pathways early for talent and following through with them can reduce the overall staff turnover , keep employees engaged and help to nurture and retain talent in the long term .
Russell Donders , Director of International Markets , imc Learning , said , " We ' ve seen the right enterprise learning strategies and e-learning technologies have a direct impact on both staff retention rates and overall employee job satisfaction , particularly among our larger multinational clients ."
A very considerable 86 % of employees would remain with their current employer for longer if they were offered frequent L & D opportunities .
The trend isn ’ t only affecting junior team members . Among managers , 22 % now say they do not receive enough training in their current role . This finding chimes with the Great Resignation trend of an average of 20 % of the workforce looking for new roles in 2022 . In fact , 78 % of managers would remain with their current employer for longer if they were offered frequent L & D opportunities . A clear development pathway is therefore key to retaining and nurturing senior team members – and now essential amid the recent talent scarcity concerns .
While economic conditions may influence some businesses to tighten their belts , the rise in demand for well-rounded and tailored training opportunities across all levels doesn ’ t come at the expense of business interests . Quite the opposite as 81 % of managers report a positive impact from training on their business bottom line . x
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