Studies from the Conference Board of Canada indicate that investments in training result in a significant return on investment (ROI) in an increase in employee satisfaction, productivity, retention and engagement. These studies also confirm a decrease in sick leave, employee conflict as well as disability and benefits costs in the workplace.
“For every dollar spent on staff training programs, they gained 30% in productivity. And that was just within three years.”
Please read full article here: https://www.entrepreneur.com/article/275842
“Organizations with strong learning cultures—defined as an organizational commitment to ongoing learning—reported stronger organizational performance than their competitors and also tend to have stronger leadership development practices. These organizations indicated better performance in the areas of employee performance, customer satisfaction, overall productivity, and leadership performance, when compared to organizations with moderate learning cultures.”