{"id":235,"date":"2018-09-15T12:29:53","date_gmt":"2018-09-15T12:29:53","guid":{"rendered":"http:\/\/beta.hofferplastics.com\/?p=235"},"modified":"2025-08-08T09:13:48","modified_gmt":"2025-08-08T14:13:48","slug":"national-self-improvement-month","status":"publish","type":"post","link":"https:\/\/hofferplastics.com\/resonations-newsletter\/national-self-improvement-month\/","title":{"rendered":"National Self Improvement Month"},"content":{"rendered":"\r\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hofferplastics.com\/wp-content\/uploads\/2018\/10\/iStock-866514654.jpg\" alt=\"\" width=\"707\" height=\"494\" \/>September is Back to School time, and the perfect opportunity to celebrate\u00a0National Self Improvement Month.<\/p>\r\n<h2>An Investment that Pays<\/h2>\r\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hofferplastics.com\/wp-content\/uploads\/2018\/10\/iStock-687479044-300x203.jpg\" alt=\"\" width=\"300\" height=\"203\" \/>It\u2019s been long held that an investment in people development yields lifelong benefits, both for the individual and for the company as a whole.\u00a0\u00a0According to the Institute for Talent Development:<\/p>\r\n<ul>\r\n<li>Companies that offer comprehensive training and development programs have\u00a0over 200% higher income per employee and a 24% higher profit margin than those that don\u2019t.<\/li>\r\n<li>Productivity is driven by skills advancement, made possible through training and education<\/li>\r\n<li>In another study conducted by the\u00a0National Center on the Educational Quality of the Workforce (EQW),\u00a0increases in employee education were more than twice as effective in driving employee productivity than investments in upgraded equipment.<\/li>\r\n<\/ul>\r\n<p>With the prolific growth of increasingly digitally based skills, there\u2019s also a growing gap between need and knowledge:<\/p>\r\n<ul>\r\n<li>According to\u00a0Capgemini Consulting, only 1 in 10 adults feels they have sufficient computer and internet skills to use the digital tools they\u2019re responsible for in their daily work.\u00a0\u00a0The value of investment in continuous, updated training can\u2019t be overstated!<\/li>\r\n<\/ul>\r\n<h2>An Investment that Retains and Engages Talent<\/h2>\r\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hofferplastics.com\/wp-content\/uploads\/2018\/10\/iStock-889968488-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" \/>Employees who feel they\u2019ve received solid training to do their jobs well will stay.\u00a0Those who don\u2019t will leave.\u00a0\u00a0\u00a0Research shows that 40% of employees who don\u2019t receive the necessary training to be effective in their roles will leave in the first year.<\/p>\r\n<ul>\r\n<li>The costs of hiring and on-boarding a new employee significantly outweigh the cost of a training an existing one.<\/li>\r\n<\/ul>\r\n<p>In a multi-generational survey of over 400 people,\u00a070% indicated that job related training and development opportunities influenced their decision to stay.\u00a0This was highest among millennials, at 87%.<\/p>\r\n<ul>\r\n<li>87% of millennials also say that professional development and career growth are significant to them<\/li>\r\n<\/ul>\r\n<p>Investing in people\u2019s training and development enables productivity, which in turn, fosters satisfaction and engagement\u00a0.<\/p>\r\n<ul>\r\n<li>A recent Dale Carnegie study showed that\u00a0companies with engaged employees outperform others by up to 200%!<\/li>\r\n<\/ul>\r\n<h2>Suggestions and Innovative Approaches<\/h2>\r\n<h3><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hofferplastics.com\/wp-content\/uploads\/2018\/10\/iStock-689025852.jpg\" alt=\"\" width=\"785\" height=\"445\" \/>Embrace Technology, Distance and Self-Paced Learning:\u00a0AT&amp;T<\/h3>\r\n<ul>\r\n<li>AT&amp;T \u201cUniversity\u201d is housed at headquarters\u00a0plus offers a satellite location<\/li>\r\n<li>Co-creation of an online Master\u2019s degree<\/li>\r\n<li>Fast paced, self administered \u201cNanodegree\u201d programs for specific job related training<\/li>\r\n<\/ul>\r\n<h3>Offer and Design Specific Courses for Specific Skills and Needs:\u00a0Bonobos<\/h3>\r\n<ul>\r\n<li>Has specifically themed management training courses such as \u201cDress for Success\u201d, \u201cFit for Success\u201d, \u201cManaging Up\u201d and \u201cKnow your Customer\u201d<\/li>\r\n<li>Training and development focus on company\u2019s unique in-store wardrobe styling and fitting services<\/li>\r\n<\/ul>\r\n<h3>Support All Phases of an Employee\u2019s Career Journey:\u00a0Amazon<\/h3>\r\n<ul>\r\n<li>Has a month long training and leadership program that candidates undertake\u00a0prior\u00a0to being hired.<\/li>\r\n<li>Prepays 95% of tuition for employees to take courses at fulfillment centers in in-demand fields.<\/li>\r\n<li>Has a \u201cVirtual Contact Center\u201d to teach employees how to work from home or remotely.<\/li>\r\n<\/ul>\r\n<h3>Flexibility . . . A Key Enabler<\/h3>\r\n<p>Hoffer Plastics offers job sharing, remote support and flexible work schedules that enable people to fit educational, training and developmental programs into their busy lives \u2013 as well as encouraging them to actually have a life!<\/p>\r\n<h2>Resource Links:<\/h2>\r\n<p><a href=\"https:\/\/www.businessinsider.com\/the-best-free-online-learning-resources-2015-3\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.businessinsider.com\/the-best-free-online-learning-resources-2015-3<\/a> <a href=\"https:\/\/www.shiftelearning.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.shiftelearning.com<\/a> <a href=\"https:\/\/www.dalecarnegie.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.dalecarnegie.com<\/a><\/p>\r\n<h4>Share on Social Media:<\/h4>\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>September is Back to School time, and the perfect opportunity to celebrate\u00a0National Self Improvement Month. An Investment that Pays It\u2019s been long held that an investment in people development yields lifelong benefits, both for the individual and for the company as a whole.\u00a0\u00a0According to the Institute for Talent Development: Companies that offer comprehensive training and&hellip;<\/p>\n","protected":false},"author":5,"featured_media":238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,8],"tags":[],"class_list":["post-235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-leadership-values","category-resonations-newsletter"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>National Self-Improvement Month | Hoffer Plastics<\/title>\n<meta name=\"description\" content=\"Celebrate National Self-Improvement Month\u2014with insights from Hoffer 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