Ultimate Software's Blog

Four Employee Training Trends to Keep on Your Radar

Technological innovation is occurring at breakneck speeds, and our world—and successful businesses—are transforming just as fast. Technical skills, such as computer literacy and basic coding, are often prerequisites even for service and administrative positions—and for good reason. Companies unable to keep pace with the digital revolution risk becoming obsolete, and employees must continue honing their talents to remain competitive in their careers.

These realities have led to higher values being placed on professional development. In fact, seven out of 10 people surveyed said that employee training and learning opportunities had influenced their decision to either stay with or leave a company. Considering the growing costs attributed to lack of engagement and attrition, companies can certainly benefit from giving employees every reason to stay.

Employers are recognizing the importance of employee development as an investment both in their people and the organization. But it’s important to differentiate between training for training’s sake and providing thoughtful, essential learning and tools for development. Too often, organizations invest in sub-par solutions that prove neither productive nor interesting for employees. In fact, it’s estimated that ineffective training costs $13.5M per year, per 1,000 employees. Organizations can save a significant amount of time and money with a learning solution that incorporates modern employee training trends, resulting in a better supported, more satisfied workforce.

With a changing workforce comes evolving expectations about career development. Here are four employee training trends to keep on your radar: