According to a study by the World Economic Forum, skills development is one of the ten key strategic elements for a company. The process is to set up a training offer for your employees so they can acquire, improve or enrich the knowledge they need for their current or future position.

Article L6321-1 of the Labor Code provides that : The employer has the obligation to ensure the adaptation of employees to their workstation and to maintain their capacity to occupy a job, considering jobs evolution , technologies and the organization of the company. 

To do this, the employer must train them as stipulated in the “ plan de développement des compétences “ (formerly “ plan de formation “).

Apart from these "mandatory" training, the employer can also make more stimulating training courses available to his employees, which will allow them greater career development. Opting for these types of initiatives can be beneficial to the company.

We will give you three reasons that (we hope so) will convince you to give it a try !

 

1 # Employee training is a must for the engagement

We are not telling you anything new: employee engagement is a strategic issue for many companies.

According to a study carried out by the IBET, unmotivated employees cost more than 14,310 euros per year per employee!

This financial loss is significant and requires thinking about real strategies. It is therefore important to determine levers of engagement for employees. The feeling of recognition and development seems to be one of these. Indeed, an employee who feels appreciated in his work and who sees development prospects will be more motivated to do well in the tasks entrusted to him.

Thus, by offering employees training programs that are stimulating for them, they will not only feel valued, but will also enjoy intellectual and personal fulfillment. They will increase their skills, feel more confident and will be less inclined to give up their work.

For example, the company MCCAIN carries out actions to promote the development of its employees. One of them is called the “Maccain Learning Center”. It gives employees the opportunity to build their own career paths and refine their perspectives with numerous learning initiatives.

This best practice has enabled them to reduce their turnover and absenteeism rates. Discover their approach here !

2 # Employee training avoids certain recruitment costs

Did you know that on average, recruiting new employees is more expensive than training the talents who are already developing within the company? The overall cost of a recruitment includes recruitment expenses, integration and training costs but also, in the case of poor recruitment, the associated side effects. That's a lot, isn't it?

So why not consider training in-house to avoid these additional and often unnecessary costs?

The world of work is constantly evolving and the soft and hard skills of some employees can quickly become obsolete. Instead of systematically looking to hire more qualified people, you can train those who are already there and take advantage of the fact that they have already integrated the culture of the company.

Employee skills development is for example deeply rooted in the genes of Decathlon. In 2016, the company offered a catalog of more than 1,500 training courses. It succeeded in reducing recruitment costs thanks to internal skills development.

Discover their approach here!

3 # Employee training allows the company to remain competitive

Upgrading employees skills is a major issue that can increase the performance of the company and make it remain competitive.

In some sectors, competition is fierce and technological advances are very fast. You have to stay on the lookout and not let yourself be dominated. To do this, you need to have employees who are aware of these developments and whose skills are updated so that they remain competitive.

The training also allows the company to attract young executives in high demand.

During their research, they will easily be attracted to a company concerned with developing their skills.

Flunch, for example, has opted for an internal tool called Promo Talent. It promotes employee skills development and reveals talents. Each year, talents are identified according to their skills, performance and development potential. For 18 months, they are then trained and work on subjects that motivate them. Among the Promo Talent employees, one of them has applied his reflections on the Noyelles-Godaul site.

Discover their approach here !

To conclude, we can say that developing the skills of your employees allows you to: minimize costs, maximize performance, enhance human capital and stimulate commitment.

See you soon for new CSR Tutorials!

Fadimatou BEN KAIGAMA