Grow your business by investing in employee learning and development

What’s more, professional development can fuel employee engagement. “Investment in employees will give back to you and the company tenfold,” says Laurie Barth, a software engineer at Ten Mile Square Technologies. “It improves morale and internal knowledge, and employees feel as if they’re continuing to grow instead of stall, giving them plenty of incentive to stay if they’re otherwise happy.”

In order to increase employee engagement and productivity, it’s important to establish opportunities for employee learning and development that will also boost team productivity. Here’s how to get started.

Create employee learning and development opportunities

Nigel Paine, the author of Workplace Learning: How to Build a Culture of Continuous Employee Development, says in the video below that, “A learning culture is when an organization can take insight from outside, share it rapidly inside and turn it into action.” Sharing new information internally can take a variety of forms, such as lunch-and-learns or employee courses with formal curriculum.

One workplace education trend gaining traction is “microlearning,” projected to be a $2.7 billion industry by 2024. Microlearning encompasses informative content delivered in the form of short videos, flashcards, infographics and gamification, all of which can create a more robust and engaging internal education program.

“We’re seeing an increase in organizations developing their own internal education programs, resulting in badging, certifications and endorsements,” says Preston D. Cameron, the managing director at Oculus Consulting Group. “These programs are being led by employees granted bootleg time to develop the educational programs and content exclusive to their organization.”

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Employee development programs should benefit workers and employers

Carol Leaman, the CEO of Axonify—a microlearning platform—advises employers to take a considered approach to establishing these programs. “Employers need to create a path for employees to embark on that upskills them in meaningful ways,” she says. “Employees want exposure to—and programs around—the learning paths that result in better employment opportunities and bigger paychecks for them.”

Essentially, an employee is more likely to be invested in a learning and development opportunity they have selected for themselves. And an employer will feel more comfortable footing the bill if there is a clear gap that will be filled by investing in employee development.

“Managers and employees need to work together to find the courses and resources that are going to help that employee grow to their strength and into the roles the business needs,” says Dawson Whitfield, co-founder and CEO at Looka, a platform for creating logos, websites and brands. “Not all education has the same ROI, but the right education can help employees and businesses grow together.”

One of the ways learning and development can help growth and employee retention is by building resilience, one of the keys to personal and professional success. According to How a Learning-Oriented Organizational Climate Is Linked to Different Proactive Behaviors: The Role of Employee Resilience, a study by Social Indicators Research, “A learning-oriented organizational climate will stimulate proactivity in employees via employee resilience.”

Resilient employees are more able to withstand failure, and that gives them greater capacity for innovation. And one of those innovations might propel your company toward meaningful growth.

Actively steer your team toward learning and development

A sincere commitment to employee learning and development communicates to your workers that you are invested in them, and want to give them every possible tool for success. It is important to ensure that you don’t just offer employees these opportunities, but actively encourage them to take you up on them.

“Employees learning new skills benefits everyone, and business owners know that,” says Reuben Yonatan, the founder and CEO of GetVoIP, which helps identify the best Voice over Internet Protocol phone system solutions. “But we may need to work on our compassion and understanding, and make sure to communicate better with our employees so that they feel welcome and supported in availing themselves of all opportunities for growth.”