Training is the key for every age group

Many organisations see ‘a direct correlation between training, employee productivity and financial performance’ according to a report by the International Labour Organisation. More than 13% of U.K. companies believed that company profits could rise by up to 20% if the workforce was better trained. Despite this, the survey found that companies were not necessarily providing such training. Links with educational institutions or the private sector were suggested. Employers also expect staff to take the lead in developing their skills. In the article in HR Magazine, the employers thought that different age groups should have different goals when it came to training. For 16-24 year olds, further education was thought to be a ‘top priority’ while 25-50 year olds ‘need to make sure they have a broad range of up to date skills.’ Those 50 and older need to be ‘adaptable and flexible players’. For more views on training read the full article http://www.hrmagazine.co.uk/hro/news/1073779/redouble-commitment-training-employers-warned-report-economist-intelligence-unit