For many industries, the 21st-century business environment is very much on shifting sands. As technologies evolve, trade routes open, regulations rise, and fall, one thing remains constant; the need to maintain an ever-increasing set of skills that can help your company adapt to whatever changes and challenges emerge in the road ahead. Integrating continuing education courses into your corporate culture and facilitating the educational needs of your employees is essential. It can help your company retain employees and overcome obstacles in your path. Most importantly, the more your skills your employees have under their hats, the easier it positions your business to take advantage of opportunities as they come along.
Assess Your Future Needs
The first thing you need to do is to determine the future of your industry. Where is it headed, and what skills will you need to stay competitive one year, five years, and ten years down the road? Knowing where you are and the capabilities you want to have at these milestones can help you craft a continuing education program that will benefit your company. This task is not easy to do, but like all things in business, the more you understand about your industry’s future, the higher your advantage will be when tomorrow becomes today.
Secure Relationships with Educational Institutions
Once you identify your needs, research, and establish relationships with educational providers who offer the training programs you require. This process can help you secure reduced rates for tuition and develop customized in-house training programs. In fact, the more you can tailor the available training programs to your needs, the more effective they will prove down the road.
Fit Educational Time Into the Workday
One of the most common reasons cited by employees who don’t continue their education is that they find it challenging to find a balance between work, home, and school. You can ease this burden by adjusting schedules and workloads so that employees have time to focus on their studies. This practice goes a long way toward building loyalty in the company without restricting the workflow within your organization.
21st-century technology means that your employees can attend class without leaving work. Online distance learning programs allow your students to attend the best programs without having to rely on the courses available only within driving distance.
Foot the Bill
Provide tuition reimbursement for authorized programs. Make sure that employees understand the policies and processes for securing compensation. Shouldering some, or all of the financial expense is a perk that will encourage your employees to reach for more exceptional achievements. While tuition reimbursement is an added expense you will need to absorb, it is an investment that pays significant long-term dividends in the form of increased operational efficiency, higher revenues, and a significantly enhanced reputation within your industry.
Turn Employees Into Teachers
If you want to ignite a wildfire of possibilities, make it possible for your employees to share the knowledge gained from continuing education courses within your organization. Establish hangouts and databases where each employee can review lessons and teach themselves the skills you want them to have. The more information your employees share, the stronger your knowledge base will grow. As an added benefit, when you help employees reach their educational goals, you will enjoy higher retention rates and reduced onboarding expenses.
Continuing education courses can help your business and employees grow. One other resource that can help your team seize the future and be the smartest on the block is with Greenlink Payroll’s customized solutions for HR, payroll, time tracking, and more. To learn more, contact Greenlink Payroll at (480) 385-2525.