Why training should be part of the IT Budget
Embracing lifelong learning means better career paths for staff, employees feeling valued and of course, saving the company money.
With the evolution of traditional job descriptions and the expectation of individuals to be experts in their field, a readiness to embrace lifelong learning is something that all companies should be concerned with, especially in the world of IT. While economic growth and prolonged success are the drivers of such initiatives, it is often the case that time and money are scarce or hard to come by.
A recent article on the Laserfiche company blog outlined just a few of the reasons why ongoing training should be made an intergral part of the IT Budget.
Training will save the company money
The bottom line here is that training existing employees may be cheaper than finding new ones, especially when in comes to newer technologies.
While a new employee will need a certain amount of time to adjust and settle in to their new working environment, existing staff would have the advantage of knowing certain systems and protocols before further training takes place.
With CIO.com reporting on the employee shortage in some key techonology areas, it could be more cost effective to train existing employees rather than hiring someone new.
Employees feel valued and become more productive
Fact: Happy employees are productive ones. And what better way to make them happy then to show them they are valued and appreciated via further training?
Job satisfaction is intricately linked to a company’s commitment to their employees, and by investing in newer technologies and upskilling, employees become actively enagaged in the company’s direction and their own role in the new venture.
Career opportunities for staff are better realised through training
Developers who are knowledgable in both exisiting and cutting-edge technologies are more likely to earn higher salaries, regardless of which technologies are being more widely used.
A company who can offer career paths for their staff affords them new challenges, as well as encouraging developers to upgrade their skills with further training in their own time, which shows an emloyee’s commitment to the cause.
The short version? Training is worth it. Compensating for negetive consequences of cost-saving procedures can be difficult at best, so while we’re scrutinzing the numbers when it comes to budgets and cuts, it’s important to remember that a short-term saving on training doesn’t necessarily equal a long-term improvement. Training and education is beneficial to both companies and their workforce.