Why Employee Training: A Critical Investment for Organizations

Attracting and retaining top talent has become more challenging for companies in today's competitive market. As a result, employers are continuously refining their employment packages to meet the evolving needs of the modern workforce and secure the best talent.

- By Melville Brooks

While higher compensation and expanded benefits remain important, companies must also prioritize employee training and development opportunities. This has become especially crucial in the Philippines, as more Filipino Gen Z professionals enter the workforce.

According to the Universum's Talent Research 2023, the younger generation places significant value on employers that provide training programs, in addition to competitive salaries and a positive work environment.

Reflecting this trend, companies are now placing greater importance on employee development, as highlighted in Jobstreet by SEEK's 2024 Hiring, Compensation and Benefits Report. This shift aims to strengthen both talent acquisition and retention efforts, acknowledging that investing in training and development is crucial for long-term success.

Here are reasons employee training should be a critical investment for organizations:

Enhances employees' skills