There is common agreement that professional development is an effective retention strategy. An employer who does not focus on learning is going to lose out in performance, engagement, and retention. According to LinkedIn’s 2019 Workforce Learning Report, 1 a whopping 94% of employees would stay at a company longer if it invested in their careers. Development is no longer an optional perk or reserved for only certain positions. It is expected by today’s talents. It signals that the employer values their people and is actively interested in their success — not just on the job, but over the long haul.
Survey data shows that employees want self-directed learning opportunities accessible in the flow of work. One way to accomplish that is through learning management systems such as Vite, which enables employees to learn in the moment of need. The employers should work towards creating a frictionless online learning experience where employees can easily access relevant learning content.
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