Opportunities for growth, learning, and recognition are crucial to long-term success, whether for front-line employees or managers.
The infographic below from the 2024 Talent Magazine reveals that the need for better development strategies is more urgent than ever.
Current Workplace Development Statistics
- 46% of front-line employees and 35% of managers feel undervalued and underappreciated for the work they do.
This alarming statistic highlights a gap in recognition. It’s not just the pay that keeps employees happy, but a genuine appreciation for their efforts. Without this, you risk losing valuable team members.
- 33% of employees quit their jobs within 90 days.
The first few months are critical for employee retention. A third of employees who quit within this period shows that onboarding processes may be lacking, and more focus on acclimating employees to company culture and expectations is needed.
- 94% of employees would stay longer at a company if it offered more learning and development opportunities.
This statistic shows how much employees value growth. Offering pathways for skill enhancement not only boosts morale but also keeps your team members invested in their roles.
- 41% of managers in charge of 3-5 staff report having no training at all.
This lack of development for managers directly affects their ability to lead. When managers are ill-equipped, it doesn’t just hinder their growth but also impacts the teams they oversee.
How We Help With Development
So, what can organizations do to bridge these gaps in development?
Whether it's talent feedback, workshops, or specific coaching programs, we provide multiple pathways for improvement. Here are some of the highlights:
- Talent Feedback and Coaching: Personalized coaching to help managers better understand how to manage and motivate their teams.
- Strength Development: We provide in-depth sessions where certified Talent Analysts give employees actionable strategies for success.
- Workshops: From the Talent Focused Management Experience to Leadership Development Workshops, we bring leaders together to hone critical decision-making and communication skills.
- Online Learning: With tools like TalentCoach and the Growth Guide, we offer a full suite of digital resources that empower both managers and employees to reach their full potential.
The data is clear: companies that invest in learning and development will have a happier, more productive workforce, with employees staying longer and contributing more to the company's success.
Is your organization ready to make development a priority?