In a tight job market, retention tools should not be overlooked to not only keep employees, but also, enhance their experience at the workplace. A new research report from TalentLMS and Vyond revealed the pivotal role that training plays in retaining a skilled and motivated workforce. Forty-one percent of employees said they would look for another job in 2024 if their company doesn't provide them with training opportunities.

"There is a growing need among employees in training on topics and skills that transcend their job roles," noted Thanos Papangelis, Epignosis CEO and Co-founder of TalentLMS, and commented: "Personal and professional growth are not separate roads to success. Companies should invest in nurturing well-rounded professionals, acknowledging that continuous learning beyond job specifics is essential in the ever-changing business landscape."

Given the importance of training for employee engagement and satisfaction, the survey explored the training topics and skills that will be important for organizations to provide in 2024. Eighty percent of employees think that personalized learning will be important in 2024, and 68% stated the same for non-work-related training that supports their overall wellbeing.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.