According to a recent survey from ManpowerGroup, employers are facing the highest global talent shortage since 2007. The pressure to recruit and retain top talent is more intense than ever, as companies struggle to remain competitive in a global market.

Today’s employees expect more learning and development opportunities such as trainings, coaching and mentoring. According to Gallup research, 87% of Millennials believe career growth and development opportunities are important in a job. Another study shows that 80% of 2016 grads expect their first employer to provide formal training.

Employers, on the other side, are struggling to seize this opportunity. Only 8% of organizations actually evaluate the value of organizational learning initiatives. 91% of managers, 81% of HR administrators and 75% of employers believe that their organizations do not do onboarding well, and 60% of companies don’t set any milestones or concrete goals for new hires to attain.

In today’s workplace, on-the-job training is much more valued by employees than getting more degrees and qualifications. Retaining employees is much smarter than replacing them, from a financial point of view – the cost to replace an employee making $100,000 can be up to $50,000 when considering factors such as job learning curve, job search HR costs, and advertising.

To find out what companies are doing right or which learning pitfalls to steer clear of, take a look at this infographic of 10 interesting workplace facts:

 

(Click To Enlarge)

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Infographic by Teamfluent.com

 

[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container][fusion_builder_container background_color=”#eaeaea” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”1px” border_color=”#d3d3d3″ border_style=”solid” padding_top=”20px” padding_bottom=”20px” padding_left=”10px” padding_right=”10px” hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][fusion_builder_row][fusion_builder_column type=”1_3″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_imageframe lightbox=”no” gallery_id=”” lightbox_image=”” style_type=”none” hover_type=”none” bordercolor=”” bordersize=”0px” borderradius=”0″ stylecolor=”” align=”center” link=”https://www.teamfluent.com/how-technology-enables-continuous-learning” linktarget=”_self” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ animation_offset=”” hide_on_mobile=”no” class=”CTABottomBlog” id=””] Teamfluent - How Technology Enables Continuous Learning: Learning and Development Trends eBook[/fusion_imageframe][/fusion_builder_column][fusion_builder_column type=”2_3″ last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”solid” padding=”” margin_top=”” margin_bottom=”” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ animation_offset=”” class=”innerPageForm” id=””][fusion_text]

Download our eBook on Learning and Development Trends and find out how technology enables continuous learning in organizations.

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