How to Develop a Successful Employee Development Plan

June 11th, 2015

In setting up an employee development plan, it’s important to create goals that benefit both the company and the employee. Too many managers shy away from offering trainings that have the potential to be resume builders, but helping employees to operate at their peak can boost morale and productivity and actually increase retention rates.

Develop plans that mesh with your company’s goals.

What employee development plans can achieve:

  • Improve engagement and retention.
  • Optimize performance in existing roles.
  • Keep employee skills up-to date.
  • Create clear promotion paths for ambitious employees.
  • Indentify and nurture extraordinary talents.

Conduct an evaluation. It’s critical to assess each employee individually before creating your program. Many of your people may need the same training, but begin by dealing with each person as an individual. Knowing where your people are now and where they need to go is essential to the planning process.

Discuss employee goals. Don’t assume everyone’s ambitions are the same. Goals may range from swiftly climbing the management ladder, gaining the skills to move to another department or just performing better in their existing position. Encourage those interests that align with company goals.

Not everyone has grand ambitions. If you have an employee who just wants to do his job and go home at five – and he does it well, don’t waste your time or his by adding unwanted trainings to his schedule. Focus instead on giving him, employees like him, these tools to work more effectively in their existing jobs. Save advanced training for employees who recognize its value.

Focus on engagement. Development programs and useful trainings show employees that the company values them and is invested in their future. Consult with employees to find out what they would like to learn and how you can help them in their careers.

Help employees reach their goals. Provide on-the-job training or resources such as books or online courses. Consider supporting their interest in attaining advanced degrees by offering tuition reimbursement.

Identify potential. Employees may have abilities they are not aware of or don’t think are important. Skills assessments or cross-training can boost their confidence.

To learn more about developing your employees or identifying talented candidates, read our related posts or contact Select Group, Inc., today. We have the experience and industry expertise to help you find, recruit, and hire the best talent available. Contact us today to learn more!

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