In 2014, 80% of U.S. university graduates expect to get skills training when they get a job. However, in the past two years, more than half of new employees say they haven’t been given training at a new job.
A story from Canadian Business looks at how offering skills training for new employees is worth the investment.
Training can actually increase your ROI; the Canadian hotel industry saw a 25% return when they trained employees. Some companies saw returns up to 300%.
Not only is there a financial benefit, but employees who are trained can offer better customer service, increase productivity and communicate better.
Canadian Business adds 13% of employees are currently under-qualified for their jobs. Offering skills training may close the gap.