How to get a return on investment in your employees

It is employees who make up a company. Without their satisfaction and high work performance, it is impossible for the company to prosper. Thus investment in the workforce is one of the best things you can invest in; however, the attitude towards employees and style of investment in them must follow certain rules so that the company reaps the benefits.

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Training of current employees

According to Sales Gravy, many companies quite unnecessarily look for employees at management level outside their current workforce. It is not just the current workforce crisis within the job market which would make it worthwhile for companies to focus on training their current employees. Besides group and large-scale training, companies should also engage in training teams as well as individuals. Prepare individual employees for future higher positions by means of individual training and coaching. This brings us to the next point.

Career possibilities for everyone

Career advancement and development options are among the most important factors in employee satisfaction. Therefore, your company should have a system of development for individual employees. That means not just for the chosen few, but for everybody. All employees should be actively supported in deepening their knowledge, increasing their scope of responsibility and improving their education. Set up a clear and transparent system of career advancement and development, so that each employee knows that if they follow certain rules and work on themselves, a certain development or reward awaits them. A similarly transparent system of gradual wage increases linked to the improvement of workers' skills should also be established.

Providing space

Many companies that follow old management models have rigid systems and work rules which do not allow employees enough space for their own innovation. The modern and more effective way of management revolves around training and trusting employees, thanks to which they have room for their own work and, within certain limits, are allowed to work independently. Of course, for this they need to have the tools and the possibility to impact on what they are dealing with. The training of employees, coaching on an individual level and gradual increase of individual employees' manoeuvring space are the best investments a company can give its workforce.

 

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Article source Sales Gravy - international networking community for Sales Professionals
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