From an employee perspective, career development is about continuing education to prolong and enhance your professional skills. For an employer, professional development is about making sure employees have the knowledge and enthusiasm to do their job to the best of their ability. Businesses and individuals benefit from professional development, but since businesses typically shoulder the time and money involved, they need to weigh the pros and cons.
Increased employee effectiveness – This is usually the reason why most companies take up professional development activities. Skills learned in school and university can be updated and refreshed as the workplace changes. The better the employees are trained for their work, the more effective they are and the higher their performance. Additional training for old employees to improve their skills is much quicker and less expensive than hiring new employees.
costs of training– An employer needs to decide whether the cost of hiring a trainer or investing in online learning is worth the improved skills of employees. When the required professional development courses are conducted by private companies or when employees have to travel, the price of rail seems to outweigh the benefit of increased employee effectiveness. Employees should consider online learning. Employees can complete many modules online. Once purchased, modules can be reused without travel or lecturer costs.
Increased employee morale – Being selected for special training can help employees feel special, like they are being recognized and rewarded for their hard work. However, for this benefit to materialize, professional development must be viewed by management as a reward and not a punishment for lack of work or skills. It can also serve to inspire other employees to work harder so they can be considered for the next round of professional development activities.
Cost of Reduced Productivity – If the company is small or the employee being trained is an integral part of day-to-day operations, absences due to development days can result in reduced productivity. When many employees are involved in a training session, productivity is certainly reduced significantly. Employers need to decide if this is a reasonable cost compared to happier, more effective employees.
adaptability – the marketplace is constantly changing. Companies that cannot adapt are left behind. A flexible company needs employees who can adapt quickly to changing work roles, industry standards and practices. Only through continuous learning, contact with other professionals and exposure to new ideas is this possible.
Staff looking for new job – There is concern that if employers improve their workforce too much, many workers may seek better employment elsewhere. Studies show that companies with appropriate training programs generally have employees with greater job satisfaction. People want to do their jobs well, and professional development enables them to do that.
Thanks to Gary Davies | #Professional #development #advantages #disadvantages #employer