Why you should train new employees

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%.

Read: Help clients understand your role

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.

Read here.

Also read:

Do you need a coach?

Don’t let employees drift away

What do employees want most?

How to integrate a new employee

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.