What is Employee Development | Meaning | Akrivia HCM

Employee development is a process of helping employees enhance their skills and abilities to perform their jobs better. Employee development is an important part of any company’s success because it helps attract and retain top talent, who are essential to a company’s success. A company can’t just focus on hiring talented people; they need to develop these people to become productive team members.

Benefits of employee development

Employee development is a key part of any company’s growth and success, and it can help you attract new employees. It is also important because it helps your employees grow within their roles and make them more effective in their work.

1. Reduced turnover: Employees who know they can grow in your organization are less likely to leave.
2. Improved productivity: Employees with new skills are more likely to be productive than those without them.
3. Developing talent: Employee development helps develop employees’ skills and talents. It also helps build a better understanding between employees and employers, which builds trust among them and increases productivity.
4. Performance enhancement: By training your employees, you will help them improve their performance at work and resulting in a greater ROI for your business.
5. Improving morale: Training sessions will help your employees feel like they are part of a team working toward a common goal.
6. Increased productivity: Employee development improves an individual’s ability to do their job better by enhancing their skills and knowledge making them more productive.

Common Methods

1. Training 
2. Peer to peer learning
3. Microlearning
4. Mentorship