Fact – “When the financial crisis started in 2008, a lot of accountancy firms either stopped or slowed-down hiring new accountancy student. These students normally started working at these firms while doing their university studies. The reason was simple: “we have too many people on our payroll, so why would we invest in the development of new recruits?” -AIHR Analytics Problem Now – shortage of accountants with work experience.
“When Forrester studied customer-obsessed firms, we found that 37% of the leaders of these firms ensure that training and coaching is in place to help employees exceed customer expectations, compared with 18% at average firms.”(Forbes, “Your Employees Want More (and better) Training”) Why are many falling short?
“If you could change just one thing about your company that would increase employee productivity by over 200%, would you do it? Yes, of course, you would! But you’re probably thinking that such a change would be infeasible or incredibly complicated in order to have that kind of impact, right?” – Shift eLearning
“Actively pursuing professional development ensures that knowledge and skills stay relevant and up to date. It also allows employees to be more aware of changing trends and directions in an industry.” – Mike Crawford, “Why Professional Development Matters to the Success of a Company,” The Business Journal