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Check out our weekly blog posts and see the latest news and discussions happening in the HR world of business.

What is the Key to Employee Retention?

A staggering 3.5 million Americans quit their job EACH MONTH in 2008—marking the highest rate of turnover since the oh-so-fun recession of 2001, according to a recent report from the National Bureau of Labor Statistics. Further, analysts believe that the trend will continue as workers continue to grow weary with stagnant wages and the threat of yet another economic recession.

Luckily, LinkedIn dug in its heels and flipped the tables, this time to figure out what makes workers want to stay. Topping that list, rather surprisingly, was the concept of continued learning. Indeed, 94% of workers suggested that they would stay in their jobs if their company helped them to close their skills gap. Workers and especially the younger generations are looking for ways to improve, not only in their current job but acquire the skills necessary to advance up the career ladder and become a more successful person within your company.

So, if providing education is such a silver bullet for stopping the revolving door, why aren’t more companies offering these types of learning opportunities? As with many things in business, it all comes down to budget. However, while almost half of companies cited budget as a limiting factor in 2017, this year, that figure has shrunk to just 27% as businesses slowly start making learning a priority. Many businesses are shifting away from an in-person model of training and exploring more of the virtual world in the form of tele-trainings, online modules, and other web-based content.

Now, before we delve into how a Professional Employer Organization like Abel HR can help you drive growth, we wanted to address one of the biggest misconceptions about providing upskilling to your employees—that you’ll teach them how to walk right out the door and into the arms of another bigger, better, job opportunity. Survey after survey suggests that providing educational opportunities drives engagement—and thus investment—in YOUR business, resulting in retaining key talent, and enjoying a more skilled staff for years to come.

So how can Abel HR help? Our clients have access to a full suite of training opportunities that neither small or even medium-sized business could traditionally offer simply because of the time and resources necessary to develop a program with meaningful content.

We pool all of our clients together and create high-quality trainings that we can offer to whomever needs one when they need it and because we execute the trainings all of the time, we are always improving them so that they represent the most up-to-date and relevant information. Further, we have identified the best ways to roll out the modules, be it in person, online, or through a combination of both. Our experts will be happy to find the learning platform that will work best for you and your workers, be they shift workers, remote employees, or simply office-based folks with irregular schedules.

We’re also able to offer federal and state-mandated training, including sexual harassment and discrimination rules, workplace safety and compliance regulations, and even crucial employment law updates. That’s not to say, however, that you can’t turn to us for specialized training. Indeed, we also offer a host of industry-specific teaching programs, such as forklift training for warehouse personnel, and can even design a custom training just to fit the needs of your unique business. Now, as a human resources company focused on helping you with your HR needs, much of our training focuses on just that, so we have extensive offerings in improving your recruiting game, improving business communication, conducting performance reviews, and handling conflict resolution, to name just a few.

Where we pride ourselves the most is being “practically baffle-proof,” meaning that we can answer just about every question that comes our way. Further, our support doesn’t just stop once the training ends—rather, we leave you with all of the tools you need to strike out on your own but also make ourselves available to troubleshoot issues when they arise.

If you’d like to learn more about Abel HR’s training and education opportunities, contact us today to speak with a team member about your needs.

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