The following article from the HRReporter indicates that investing in employees’ professional development (PD) can lead to impressive results for employers, according to a recent survey of fourghly 250 Canadian business leaders. And only eight percent of those surveyed spend their entire professional development budget each year.
When asked about the benefits of having a PD strategy, 98 per cent cited attraction and retention of “the best and brightest,” while 92 per cent cited lower employee turnover and 87 per cent cited greater company profits.
For more information, the article can be found here.