News: Performance Management
Training and development 'a top graduate concern'
10 December 2008
Graduates place considerable value on the opportunity to attend training and development in the workplace, new research shows.
A study conducted by PricewaterhouseCoopers (PwC) reveals one-third of university leavers state that, salary aside, training is the most important benefit a company can offer them.
Michael Rendell, partner and global head of human resource services, says that, despite the economic pressures affecting companies at the present, they must keep long-term goals such as training initiatives in mind.
"Eventually, in many parts of the world, fewer younger people will be working to support a significantly larger older population, making people supply a critical factor for business success," he comments.
Staff retention is not the only benefit of training opportunities and employee development, if one expert is correct.
Sharon Varney, a research associate with the Roffey Park Institute, recently told Personnel Today that training opportunities can encourage staff to chat more freely.
This can allow a greater mixing of social and ethnic backgrounds within the workplace, she suggested.
