Employee development is defined as a process where the employee with the support of his/her employer undergoes various training programs to enhance his/her skills and acquire new knowledge and skills.
Benefits of Employee Development
In today’s work environment, employee development is the number #1 factor for employee retention, especially among Millennials. Top employee development methods used by organizations most frequently include training programs and leadership development programs. Investments in employee learning and development directly impact employee engagement and productivity, improving overall business success metrics.