As the costs of the Great Resignation continue to grow, companies need more ways to attract and retain employees. One clear approach is to offer more training and development — according to a 2019 LinkedIn study, 94% of employees said they would stay with their employer if it invested in their development.
Effective Employee Development Starts with Managers
They’re in a unique position to drive retention and engagement.
March 01, 2022
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Summary.
Employee surveys show that workers will stay if companies invest in their development. Managers are in a unique position to drive employee retention and engagement, and companies should ensure that they have a more active role in employee training and development. These five steps can help: 1) Let managers tell you what they need; 2) Create dedicated time and space for learning; 3) Give managers a specific role in training; 4) Help managers turn training into action; and 5) Collect feedback on the training from managers as well as employees.
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HBR Learning
HBR Learning
Team Management Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Team Management. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Build a better team and achieve more of what matters.