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Broaden Your Horizons: The Importance of Training for New Graduates

May 14, 2021

by Analysts

Advancements in technology and the ever-evolving markets have made a huge impact on the workplace, but they are also shaping new careers. As such, the demand to learn more about your respective field of work and increase your skill set has become paramount to stay afloat amongst the talent pool.

In view of this, the importance of up-skilling in the workplace has become an immense help in expanding employees’ knowledge, and in the process, creates a team that is extremely qualified and able to provide a better service to clients or consumers.

According to a study by Bersin from Deloitte, a leading research and advisory services firm specializing in enterprise learning, talent management, and talent acquisition, says organizations with high impact learning delivered profit growth that was almost three times greater than the competition.

The reason is simple. If the employees are skilled, the company can always keep evolving and always be on a higher pedestal when pitted. Allocating and channeling time and money on developing and expanding the knowledge of existing employees always sees a spike in the future potential for an organization and it also puts them in great shape within a specific industry.

Apart from the external benefits of training, there are immense internal benefits as well. This is because employees who receive training from their employer feel far more appreciated as compared to those who do not. Also, fresh graduates who receive training and personalized assistance feel more valued as they feel part of the process and the inner circle. At all times, if time and capital is spent developing a person, it enhances the growth and bolsters future prospects.

Apart from instilling culture and making the fresh graduate industry ready, training also helps to get rid of any weak links. There is better balance in the workplace as employees possess more knowledge and an expansive skill set.