News: Performance Management
Staff training 'reaps dividends'
11 April 2008
Training staff is an investment that will create long-term returns and many large firms around the world are proven successes.
According to Sarah Alsop, head of operations at leading global recruiters Source People, companies like Tesco are showing the benefits of staff training.
The retailer claims it was the first British retailer to have its in-house training accredited by the Qualification and Curriculum Authority.
A recent Recruitment, Retention and Turnover survey published by the Chartered Institute of Personal Development (CIPD) found that 30 per cent of organisations polled stated "a lack of career and development" as the main reason for high employee turnover within their company.
Meanwhile, in poll of more than 300 people by recruitment company Brook Street, 28 per cent said that they had asked for training while in their current job but had not been given any, while 27 per cent said they were not aware of any training opportunities at their workplace, Onrec reports.
