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You are here: Home / Small Business / Why is Employee Development Important for Small Businesses?

Why is Employee Development Important for Small Businesses?

November 22, 2017 by Tim McMahon

In the corporate environment, there are plenty of opportunities for growth and development. However, on the flipside, it is just as easy to become overworked and stressed out, leading to a series of issues in both your personal and professional life. Although the anonymity of working within larger corporations can be a great way to build workplace relationships and climb the corporate ladder, working in small businesses tends to offer a much more intimate, personal experience.

However, when you do work in a start-up or small business, it is all too easy to end up taking on more than your job role and, often, more than you can realistically handle. With fewer opportunities for career progression, at least during the early days, you can also end up becoming stuck in a rut, performing the same tasks day after day instead of learning new skills and naturally progressing within your chosen field.

Getting a Grip on Employee Engagement

For this reason, it is more important than ever to ensure that employees are happy, content and busy at work; with development on a personal level comes growth for the business as a whole.

But what is employee engagement, and what makes it so important?

Equality and inclusivity are integral to employee engagement, where those at the top are committed to giving each and every employee the ability to work to their best. Each member of the team is dedicated to the business’ values, working together to contribute to its success. However, personal growth and development are also a vital part of this, where employees have plenty of opportunities to better their own careers, learn new skills and develop a greater sense of happiness and wellbeing at work.

Although they may seem like an unnecessary expense, particularly for small businesses, activities which relate to employee development can leave you reaping the rewards well into the future. It is important to get into the mindset where you see your employees not just as a means to an end, but as a real asset to the business and complex, individual people with hopes, dreams and goals in their own rights. In order to motivate your employees and leave them feeling connected, valued and appreciated, you must be respectful and mindful of their individual personalities.

 

Rewards and Recognition

Colleagues who give their blood, sweat and tears for an organisation deserve to be rewarded. Of course, everyone gets paid for their hard work, but giving that little something special back is a great way to increase levels of motivation and productivity. Employee development is all about recognising each individual’s unique set of achievements and working to prepare them for the future. Everyone has an innate need to grow over time, expanding their skillset and keeping up to date with the very latest technology and industry trends.

Not only will employees be constantly working to enhance their skillset, but this is also a great way for small businesses to naturally grow alongside their employees. Your employees will learn a greater amount of skills and be able to tackle different tasks, expanding their knowledge and learning to apply it directly to real-life situations within the business. This can be particularly useful for start-ups and small businesses where budgets are tight as you strive to get off the ground successfully. With the assistance of employee development, your existing colleagues and co-workers will soon be able to do more, benefitting your business without the additional costs associated with bringing in more staff members with different skillsets.

From strengthening workplace relationships to striving for greater success, there are many ways in which employee development can be beneficial for small businesses. Make sure that your employees are content and productive in their roles and guarantee your business’ best possible chance of success!

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Filed Under: Small Business Tagged With: Employee Development, Employee Engagement, Recognition, Rewards, Small Businesses

About Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

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