As the modern workplace develops in line with changing generational attitudes as well as the implementation of innovative technology, business leaders have a duty to adapt their training methods to suit the ever-growing demands of the professional world.
The benefit of changing attitudes and emerging technologies, however, has given those at the top of the business hierarchy more options than ever to maximise productivity and boost morale on an organisational scale.
No longer are businesses reliant on traditional workplace training methods, such as outdated lectures and seminars, as these techniques have been replaced by experiential programmes designed to allow employees to improve their skills more effectively.
Below are four modern workplace training statistics that every business leader should take note of:
1) 68% of workers believe that training and development is the most important workplace policy
With so many employees in the modern workplace citing training and development both on an individual and organisational scale as an essential element of their role, business leaders simply cannot afford to ignore it.
The most talented employees, especially millennials, will seek assurances on their personal development in the workplace. If this isn’t clear, they may look for positions elsewhere, which can lead to businesses losing valuable employees.
2) Retention rates from experiential methods can be as much as 90%
Experiential learning methods are proven to improve learning retention among employees more than traditional techniques. By actively encouraging individuals to learn by doing in a collaborative way, they are more likely to recall the information they have learned in a real situation.
3) Virtual learning methods have a retention rate of up to 60%
While virtual learning in the workplace has been around for decades, the rapid rise of innovation in virtual reality platforms and e-learning has significantly come to the forefront in the past ten years. Businesses that allow their employees to immerse themselves in virtual situations will ultimately see better results than businesses that don’t.
Virtual learning also allows employees to access an innovative digital platform whenever they want, thus improving flexibility from workplace training, something that is particularly beneficial for those employees who typically work away from a desk.
4) 77% of employees believe that flexible working aids productivity
The traditional, fixed mindset of a typical workplace is that all employees should work for a certain amount of time in a specific way. The emergence of flexible working, however, has turned this assumption on its head and has now been adopted by some of the world’s largest corporations, including Barclays, Unilever and Vodafone.
Examples of flexible working include remote working, flexi-time and unlimited holiday based on mutual respect and trust, all of which can serve to improve productivity and help employees to feel valued, when implemented correctly, thus boosting morale.
The ways in which the typical employee works best is continually changing in line with societal and technological developments. As the statistics above show, traditional workplace training methods and incentives are proving to be less effective than newer ways of engaging with the workforce. Business leaders should ultimately take note of these changes and take steps to create the strongest professional environment for their people.
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