Professional Development is critical, and the numbers prove it. While we intuitively know it, many people need researched facts to validate what they know to be true. Even more than our intuition, or our collective intuition, the gathering of data to see how deep the issue goes is important. Here are 20 sets of highly enlightening, researched statistics that reinforce the value of training, coaching and professional learning…
According to LinkedIn, employees who spend time learning are 47% less likely to leave their company.
A survey by the Society for Human Resource Management found that 94% of employees would stay at a company longer if it invested in their professional development.
A study by Bersin & Associates found that companies that invest in employee development have 26% higher revenue per employee.
According to the Association for Talent Development, companies that offer comprehensive training programs have 218% higher income per employee than companies without formalized training.
A survey by Deloitte found that 68% of employees believe that training and development is the company's most important policy.
A study by the American Society for Training and Development found that companies that offer comprehensive training programs have a 24% higher profit margin than those that don't.
According to a report by McKinsey & Company, organizations that invest in leadership development see a 1.5 to 2 times return on investment.
A survey by CareerBuilder found that 40% of employees who receive poor training leave their jobs within the first year.
A study by the Society for Human Resource Management found that 87% of millennials believe professional development opportunities are very important.
A survey by LinkedIn found that 68% of employees prefer to learn at work.
According to the International Coach Federation, 86% of companies report that they recouped their investment on coaching and more.
A report by LinkedIn found that 58% of employees prefer to learn at their own pace.
A study by Gallup found that employees who receive regular feedback have 13% higher engagement scores.
A survey by LinkedIn found that 93% of employees would stay at a company longer if it invested in their career development.
According to the Association for Talent Development, companies that offer training and development programs have a 31% lower employee turnover rate.
A survey by PwC found that 94% of executives believe that lifelong learning is important for long-term career success.
A study by Harvard Business Review found that companies that invest in employee development have a 24% higher market value than those that don't.
According to a report by LinkedIn Learning, 94% of employees would stay at a company longer if it invested in their learning and development.
A study by LinkedIn found that 74% of employees feel that they aren't reaching their full potential due to a lack of development opportunities.
A survey by LinkedIn found that 90% of employees believe that skills-based training is very important to their career growth.
If you are looking to figure out a starting place, are stuck with specific obstacles or want to fill in the professional development gaps, contact me and we can chat to get started. Either way, my hope is that these numbers light a fire of motivation for you to act in some way that moves professional development forward.
All my best and much love!
Dave
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