Building a Culture of Growth
How Leadership Development Attracts & Engages Top Talent
In today's competitive talent market, it is more important than ever for companies to find ways to attract and retain top talent. One way to do this is to offer leadership development as a benefit.
Leadership development is a valuable benefit that can help companies…
Attract top talent: According to a recent study by LinkedIn, 72% of professionals said that leadership development opportunities are important to them when considering a new job.
Retain employees: A study by Bersin (Deloitte) found that companies that invest in leadership development have a 17% lower turnover rate.
Improve employee engagement: A study by Gallup found that employees who feel like their company is invested in their development are 6 times more likely to be engaged in their work.
Boost productivity: A study by Development Dimensions International found that companies that invest in leadership development see a 20% increase in productivity.
Develop a strong leadership pipeline: By providing leadership development opportunities to employees at all levels, companies can ensure that they have a strong pipeline of future leaders.
In addition to the benefits listed above, providing leadership development as a benefit can also help companies to…
Improve their brand image: Companies that are seen as being committed to employee development are more likely to attract top talent.
Create a more positive work environment: Employees who feel like they are being developed are more likely to be happy and engaged in their work.
Increase profitability: Companies that invest in leadership development are more likely to see a positive return on their investment.
Here are some tips for providing leadership development as a benefit…
Offer a variety of leadership development programs: This will help to ensure that there is something for everyone.
Make leadership development programs accessible to all employees: This includes employees at all levels, from entry-level to senior management.
Promote your leadership development programs: Let your employees know that you offer these programs and how they can benefit from them.
Track the results of your leadership development programs: This will help you to see if they are having a positive impact on your company.
Providing leadership development as a benefit is a smart investment for companies that want to attract and retain top talent, improve employee engagement, and boost productivity. By offering a variety of programs, making them accessible to all employees, and promoting them effectively, companies can ensure that their leadership development programs are successful.
