Mary Migiano’s Post

Offering training and development in your company is a perk you can add to your compensation and benefits package. It’s a perk employees seek and consider when job searching. Not only does offering learning and development (L&D) opportunities help you retain employees, but also drives your company forward. But, what to consider when setting up a training and development budget? 1) Assess your team(s) and their needs The first step in setting up a training and development budget is figuring out what each team in your company needs. 2) Uncover top pain points To offer meaningful L&D opportunities to your employees, you need to uncover the pain points plaguing each team and the company as a whole. 3) Determine the type(s) of training needed Once you’ve figured out the needs of each team, you need to determine the type or types of training you’d like to offer. 4) Estimate number of hours needed The next step is to estimate the number of hours needed for the training you’re offering. 5) Set up KPIs Part of creating a training and development program and budget for your teams is to set up relevant key performance indicators (KPIs). 6) Calculate estimated ROI for this training Finally, you should estimate the return on investment (ROI) of your training programs. The ROI doesn’t have to be a financial return but it can be measured in different ways. For more in-depth information, read the following article https://lnkd.in/dKteJbX8 #tawzef #traininganddevelopment

The average professional development request touches ~6 different systems before approval: 1️⃣ Email 2️⃣ Spreadsheets 3️⃣ Manual Forms 4️⃣ Slack or Teams 5️⃣ Expense Management 6️⃣ Payroll Not because it needs to. But because we've normalized complexity. We've accepted inefficiency (my arch-nemesis). We've sacrificed growth in favor of process. As a result, small companies are beating enterprises at employee skill development by 22% because they have fewer barriers. (ADP) The full findings were full of surprises, frustrations, but also things to look forward to. Check out our State of L&D 2025 report for more: https://lnkd.in/g5MSwCQH

Did you know that lots of companies will pay for professional development for their employees? You just have to ask! Here’s some advice on how to get your company to pay for a learning opportunity. https://bit.ly/3yenZpy

Learning and development (L&D) programs help employees expand their skills and take on new responsibilities. Providing these opportunities also shows your employees you care about their professional growth and want them to succeed in their careers long-term.  However, these development programs aren’t free. They come with both a time and cost commitment. As a business owner, you might wonder if L&D programs are affordable and worth the investment. When done correctly, they serve as powerful additions to any small business. In our full article we break down why they’re so valuable and how you can offer effective employee education while staying within a budget. Read it here. ⬇️

Boost your productivity in graduate school. Consider signing up for our one-credit course this fall "Sustaining Productivity through Accountability in Graduate School" (GRST 533X). Learn more about the course here: https://lnkd.in/gSABRvwW and register through Workday.

Calling all employers and HR professionals! You’re no stranger to employee retention and recruitment difficulties. One effective strategy? Creating an educational benefits program that advances your workforce and business goals! Here are four factors to consider and how we can help:

📚 Investing in your employees' education is a win-win for both small businesses and their staff. Discover how small businesses can afford employee education and the long-term benefits it brings. #EmployeeEducation #SmallBusinessSuccess #BBSI

As business owners, you have faced a lot of challenges from managing employees, finances growing, and day-to-day demand. With all there is to do, it can be easy to overlook the critical things we need to do to get our business to the next level because those usually aren’t the things that are urgently screaming for our daily attention. One of the areas that we often overlook is employee training. Investing in employee training is crucial for the success of every business. You have to level up your employees to level up your business. We invite you to join this valuable insight event that will give you a great opportunity to hear and learn more about “𝐋𝐞𝐯𝐞𝐥 𝐔𝐩 𝐘𝐨𝐮𝐫 𝐏𝐞𝐨𝐩𝐥𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭: 𝐂𝐥𝐨𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐤𝐢𝐥𝐥𝐬 𝐆𝐚𝐩”. By attending this event, you'll gain insights and hands-on experience in the following areas: - 𝐓𝐡𝐞 𝐌𝐚𝐢𝐧 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐰𝐢𝐭𝐡 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐢𝐧 𝐎𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧𝐬: Understand the common obstacles that hinder effective learning results in organisations. - 𝐀𝐩𝐩𝐥𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝟕𝟎:𝟐𝟎:𝟏𝟎 𝐌𝐨𝐝𝐞𝐥: Unlock the power of this renowned model to transform your learning activities and drive impactful results. - 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐢𝐧 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬: Discover techniques to captivate and inspire learners, boosting their motivation and involvement. - 𝐌𝐞𝐚𝐬𝐮𝐫𝐢𝐧𝐠 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞𝐧𝐞𝐬𝐬: Learn how to evaluate the impact of your learning activities and optimise future initiatives. In addition, you will have the opportunity to network with the HR and L&D communities. 𝐄𝐯𝐞𝐧𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: Date : Wednesday 28th February 2024 Time : 8:00 AM - 11:00 AM (Registration begins at 7:30AM.) Venue : Olympia City Hotel by Dara - Phnom Penh Ticket Price: Member Price: USD 20.00 Non-Member Price: USD 25.00 Register through Telegram https://t.me/IBCCambodia or email [email protected]

The Cornerstone of Success: Knowing Your Team’s Role and Responsibilities In the intricate dance of a thriving business, each step, each movement, each role is choreographed with precision.  The spotlight often falls on the frontline performers – the apprentices and learners who embody the promise of skill and potential. Yet, behind the scenes, a symphony of support systems plays a vital role, from employer engagement to onboarding, training, and the pivotal End Point Assessment. Imagine a training provider as a stage where every act is crucial. The back-office systems, akin to the stage crew, operate the Training platforms and management Information Systems (MIS) and oversee the Learning Records Service (LRS) data management. Each department, each individual, holds a thread in the tapestry of the learner’s journey. Should one thread come loose – should one department falter in its roles and responsibilities – the entire performance risks unravelling.  The consequences? A diminished learner and employer experience, a dent in the success rate, and a potential ripple effect on the apprenticeship accountability framework’s Key Performance Indicators (KPIs), ultimately shaking the financial foundations of the business. It’s not just about setting KPIs; it’s about weaving them into the very fabric of the team’s objectives, aligning them with the business’s financial and growth aspirations. Accountability is the drumbeat to which every team member marches, but it’s the support mechanism that equips them to keep pace. Without it, meeting roles, responsibilities, and KPIs becomes a Herculean task. A business without a robust organisational structure – one with clear roles, responsibilities, and KPIs that align with overarching business targets – is a ship sailing without a compass, destined for a slow but inevitable decline. Conversely, an organization steeped in a culture of accountability and support is like a well-oiled machine. It can swiftly identify when cogs are out of sync and realign them, ensuring the business remains steady, learners and employers are content, their expectations managed, and financial stability safeguarded. In conclusion, the clarity of roles and responsibilities is not just administrative red tape; it’s the lifeline of a business. It ensures that every member knows where they stand, what’s expected, and how they contribute to the grand vision. It’s the difference between a business that merely functions and one that flourishes. Like if you agree, send this on to anyone who will be interested 

Is your current training program failing to keep employees engaged? Are you facing low retention rates? Is this ultimately affecting your ROI? Download this white paper to uncover common training pitfalls and learn how top performers implement training to achieve a strong return on their investment: https://hubs.li/Q02V_0rR0