Keeping employees productive, engaged, and satisfied makes sense for a wide range of reasons. In fact, questions involving employee engagement filter throughout Gallup's annual State of the American Workplace report. Yet as LinkedIn Learning's 2018 Workplace Learning Report notes, one of the most obvious ways to retain talent is often overlooked: employer-promoted career development.
A whopping 94 percent of respondents to the LinkedIn survey agreed that they would be less likely to leave a company that offered them development opportunities. Regrettably, as Gallup's numbers show, only 30 percent of employees enjoy this manager-driven development and career growth.
The more effort businesses put into training their workers for the career challenges of today and tomorrow, the more likely those workers will be to stick around for the long haul.
Trading education for loyalty
Organizations are discovering that employees want more than free coffee and snacks -- or even unlimited paid time off -- as incentives for loyalty. They want the chance to improve their relevance in an increasingly competitive marketplace. And they are ready to do it by treating their job environment as a dual workspace-classroom.