This document discusses the importance of investing in employee learning and development. It notes that employee training and development was the top area of investment for HR in 2019 according to a Payscale study. It provides reasons why companies should invest in this area, such as increased employee engagement, retention, and productivity. It then offers tips on how to motivate employees to prioritize their growth, how to create a learning culture, and a 7-step plan for building such a culture.
4. THE #1 AREA OF INVESTMENT FOR HR IN 2019 IS
EMPLOYEE TRAINING AND DEVELOPMENT.
- Payscale,
2019
5. WHAT YOU’LL LEARN
• Why you should invest in employee learning and development.
• How to motivate your employees to make time for their growth.
• How to create a culture that facilitates learning.
• 7-step action plan on how to build a learning culture.
6. WHY SHOULD YOU INVEST IN EMPLOYEE
LEARNING AND DEVELOPMENT?
7. “94 percent of employees say that they would stay
at a company longer if it invested in their career
development.”
AN INCREASE OF EMPLOYEES WHO WANT
PROFESSIONAL DEVELOPMENT OPPORTUNITIES
8. 87%of millennials say development is very important in a job
compared to 69%non-millennials.
9. “ 60 percent of graduating college students would
be willing to accept a lower salary if that meant
the chance to work for a terrific organization.”
- Accenture Survey
10. LEARNING & DEVELOPMENT OPPORTUNITIES LEAD TO
BETTER ENGAGEMENT.
Organization
Organization
Organization
Organization
Organization
Organization
Organization
Organization
Job
Organization
1
2
3
4
5
6
7
8
9
10
RANK CATEGORY ENGAGEMENT DRIVERS
I believe my organization has an outstanding future.
I trust the senior leadership of my organization.
The senior leadership of my organization has communicated a vision of the future that motivates me.
I believe this company puts as much energy and investment into its people as it puts into achieving
its business strategy.
Our organization is stronger because of its culture.
There is great open, honest, two-way communication in my organization.
My organization provides me with the opportunity for learning and development.
I believe I am rewarded fairly for my hard work and contribution (e.g. compensation, benefits, perks).
I am excited about the work I do every day.
Senior leaders have clearly explained the reasons behind the changes made in the organization.
11. WHEN PEOPLE ARE ENGAGED…
25%lower turnover (in high-turnover organizations)
65%lower turnover (in low-turnover organizations)
6%higher net profit margins
21%higher productivity
22%higher profitability
12. CONNECTING TALENT STRATEGY & BUSINESS STRATEGY
DIAGNOSE
DESIGN
HIRE
INSPIRE
BUSINESS
STRATEGY
BUSINESS
RESULTS
13. How do you motivate your employees
to make time for their growth?
14. 3 WAYS TO MOTIVATE EMPLOYEES TO MAKE TIME FOR
THEIR GROWTH
Reward & Recognize Share & Listen to Feedback Autonomy &
Transparency
16. SHARE & LISTEN TO FEEDBACK
1. Share the benefits of employee education.
2. Schedule time to discuss development goals and personalize
conversations and education methods to the individual.
3. Create a safe environment for people to invest in their growth.
18. How do you create a culture that
facilitates learning ?
19. WHAT IS A LEARNING CULTURE?
A learning culture is a set of organizational values, conventions processes and
practices that encourage individuals and organizations to increase knowledge,
competence and performance.“
“
20. ADVANTAGES OF A LEARNING CULTURE
32%more likely to be first to market.
37%greater employee productivity.
34%better response to customer needs.
26%greater ability to deliver quality products.
And they generate, on average, 3X higher profit growth.
21. TRAINING CULTURE VS. LEARNING CULTURE
THE ENVIRONMENT
WHO IS IN CHARGE
STYLE
TOPIC S
A series An experience
Only assigned to employees
One way
Compliance, basic onboarding
Employees seek out the courses for
personal development
Multiple modalities: microlearning, video,
ebooks, quizzes, gamification
Soft skills, leadership, interviewing,
anything the employee seeks out
TRAINING
LEARNING
22. BUILDING BLOCKS FOR A LEARNING CULTURE
Mission,
Vision,
and Values
Leadership Buy-in &
Leadership Action
Management
Training
Make it fun!
Rewards and Games
23. MISSION, VISION, AND VALUES
• Must be intentional
• Send continuous signals that leadership cares about employee education
• Give positive reinforcement in interactions with employees
24. LEADERSHIP BUY -IN & LEADERSHIP ACTION
Show leaders why it’s a win for the business.
Attract New Talent Retains and Engages
Current Employees
Reinforces a
Productive Culture
Helps the Company
Stay Nimble
25. MANAGEMENT TRAINING
The Importance of Manager Training
aren’t engaged on the job plan on leaving within year.
71% 50%
What is the cause?
Their Manager
26. MANAGERS ARE NOT BEING TRAINED
58%Of managers said they didn’t receive
any management training.
27. MAKE IT FUN! REWARDS AND GAMES
TEAM
LEARNING
LUNCH &
LEARNS
GAMIFICATION
THINK. PAIR. SHARE.
28. 7-Step Action Plan: Building a Learning Culture
1. Conduct a health-check- are learning gaps causing business issues?
2. Ask your business partners to identify current skills gaps.
3. Add professional development questions to your exit interviews.
4. Prioritize skills development needs and co-develop a plan with your business partners.
5. Emphasize autonomy and personal accountability for learning.
6. Reward and recognize employees’ development investments early and often.
7. Ask your leaders to lead by example.
29. Questions?
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