How development and training can increase employee retention

The great car inventor Henry Ford is quoted as having said: “The only thing worse than training your employees and having them leave is not training them and having them stay.” As a manager, it’s important to ask yourself how you can have the best of both worlds. In this article, we’ll dive into how development and training can increase employee retention.

Thing is, most companies understand that new employees need support. However, the group that often gets overlooked is the workers you already have. Unless there is a specific need, such as updated machinery, procedures, or national guidelines, management thinks: “These people know their jobs, so they do not need any more nurture.” This could not be further from the truth.