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This is where professionaldevelopment programs might help you. You may feel anxious by the prospect of talking to your boss about paying for a professionaldevelopment program, but you shouldn’t. Make it clear that careergrowth is your priority, and good for your organization as well. Do Your Research.
Professionaldevelopment opportunities, such as tuition reimbursement and mentoring, can reduce turnover and boost employee engagement, suggests a Better Buys survey. As a manager, you're expected to pursue professionaldevelopment, take courses, and keep up with the latest industry trends. Be a Role Model.
For instance, younger employees appreciate public recognition or good careergrowth opportunities. On the other hand, seasoned professionals value meaningful rewards or leadership acknowledgment. However, a rule of thumb is to never exceed the industry standard and strain the organization's finances.
Winning the Battle with Finances: As an employer, you have to understand what the millennials need and how are they holding up with their finances. The least amount of time your employee will spend is on curating a data sheet where they can keep track records of their finances. Not money in the long run but their careergrowth.
Participation in Training and Development: Metric: Tracks employee participation in training and professionaldevelopment programs. Interpretation: High participation rates indicate a commitment to growth and development, while low participation may signal disinterest or a lack of investment in employee skills.
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