What is Learning & Development?
L&D is a process used by organizations to improve employees’ skills, knowledge and encourage professional growth. Training programs help employees to upskill and improve their performance in their current roles. It can help in gaining new skills that may assist in different jobs. Organizations use L&D to coordinate and align the goals and performance of their employees with the organization’s purpose. L&D can be organized in two ways, whether it can be by sending employees to attend training courses and seminars or achieved by providing employees with e-learning technology.
Why is Learning & Development important for Organizations?
As employees are the biggest asset in any organization, investing in the L&D of these employees is an essential factor to guarantee the sustainability, growth, and success of your organization.
Let’s know more about the benefits of L&D for both your employees and the organization.
- Improves employee performance
Employees who receive the needed learning and development program are more able to perform their jobs effectively; in addition to this, learning and developing employees gives them a greater understanding of their roles and responsibilities. Through L&D, employees have the opportunity to acquire new skills that will help them perform, manage and organize their tasks, and increase the performance and confidence of the employees.
- Decreases Employee Turnover
Providing the right training programs to your employees and considering their learning, knowledge, and skills growth make your employees feel valued. For this reason, the commitment of your employees to your organization will increase, and they will not resort to changing employers, which will decrease the employee turnover rate in your organization.
- Increases Employee Satisfaction
As we said before, providing good training programs shows the employees that they are valued. When you supply the proper training, you allow them to face new challenges. Employees can acquire new skills that benefit their professional goals; therefore, your employees can get recognition from their top managers, colleagues and feel satisfied and appreciated.
- Increases Organizational reputation
Organizations that invest in the L&D of their employees are more likely to receive positive reviews that increase their reputation and brand name among other organizations. In addition to this, they attract more people who are willing to join your organization to improve their skills.
In the end, Well-trained employees better understand the jobs they are doing and implement the skills they have learned to achieve their duties in better quality to improve their performance and to improve the organization they are working in as a whole.