The Rise of Employee Learning & Development StrategiesJuly 20, 2023
Developing Employees With The HIVE360 Engage App
New data shows sustained growth in the numbers of businesses and employees actively using online and mobile-based training to boost wider Learning and Development strategies and improve staff retention.
The app user data for May also shows an increase in the number of users accessing the Employee Assistance Programme (EAP) suite. This area includes tools and resources to support employees and help them achieve and maintain positive physical and mental health at work.
The workplace training and employee development programs available on the Engage app cover Health & Safety, HR and Business compliance, management development, and a range of soft skills.
“The skills shortage is at an all-time high, and recruitment remains a top challenge for the majority of businesses, pushing employee retention to the top of the agenda,” says CEO, David McCormack.
“People are positive about businesses with a healthy culture that includes clear opportunities for professional development, L&D, training, and reskilling, and is a desirable benefit that is encouraging employee loyalty. Retaining staff is also significantly cheaper than recruiting new or replacement employees, with the average cost currently estimated as around half of the job role’s annual salary.
“Helping and encouraging staff training also has a huge impact on improving employee productivity, wellbeing, and job satisfaction, as well as on levels of employee engagement. At a time when retention is shaping up to be the new recruitment strategy, it certainly seems that growing numbers of businesses are providing training for employees to address this, along with implementing strategies to support identifying and plugging workers’ skills gaps, in order to support a stable, happy workforce, and business continuity.”
We provide our Engage Employee Benefits app as standard to businesses that outsource payroll and statutory employment responsibilities to the company. The customisable digital mobile employee benefits and rewards app is available in 120 languages, has an average 100,000 user sessions each month, and includes My Training, My Health, My Money, My Discounts, and My Work features.
The app’s user data for May also shows an increase in the number of users accessing the Employee Assistance Programme (EAP) suite, which includes tools and resources to support employees achieve and maintain positive physical and mental health at work.
Also topping the number of user sessions were discounts on gym memberships and exercise classes, and financial discounts on day-to-day shopping and living expenses for major retailers such as Asda, Sainsbury’s, Tesco, and Morrisons.
For more information on how you can incorporate this into your own business, find out more here.