Managers Myth
Myth : People will leave once they acquire new skills. Truth: Good people will leave anyway, in all probability.They will get a promotion or a chance at more responsibility. If you train and develop employees, they are more likely to stay within your company. It’s better to lose a great employee to another position in your own company than to another company. - Grooming people from within for that next position allows you to hire talented people from within—and their learning curve is shorter! Myth : There is no payback from long-term development. Truth: : On the contrary, you will bring money to the bottom line with development. Top performers list working for a company that develops its people ahead of many perks—including company cars! This results in savings in recruiting, orientation, and training. Turnover costs money, and development reduces turnover. - Skills and experiences developed will probably be needed in a future job; nothing is ever wasted. - You ...