Employee development gives staff members the opportunity to work to their highest level of potential. When you recognize the potential of a person and you help them develop their skills they can and will be willing to work at their highest levels of ability. The key is to identify the skills the employee has that they are interested in developing even further. If these skills can be applied in the workplace then you need to help them maximize their potential. Why not get everything you can get out of an employee? Developing the skills of employees will help you achieve this.

Performance improvement is always a benefit to employee development. When you send employees to training and classes they come back with new knowledge they can apply to their job. This allows them to be capable of doing more on the job and asking for help less too. It is beneficial to develop employee skills if you need them to be more versatile and take on more responsibilities too. Training is also helpful for employees that might be struggling in an area that a class is offered for. This way, it will help the person be able to perform in their job without struggling and being confused.

When you send people to training for an employee development program it gives them a sense of value. It not only makes them feel important but they understand that you care about their performance and their capabilities. The feel valued as an employee and understand you are willing to invest money into their capabilities so they can use their knowledge to help the company. Training gives a sense of value that creates motivation. This motivation works well because the employee wants to do well with the business and show you everything they have learned. The person is motivated to work well and achieve higher levels in their position.

Resourcing & redeployment. In times of change and restructure, effective resourcing and redeployment of skills is more important than ever. Career development helps move people into roles where their skills are most suited and their aspirations are best met.

Improving organisational performance. Research shows that providing career opportunities is a key practice that influences organisational performance.

Improving employee engagement. Employee engagement is higher when the job fulfils the intrinsic needs and personal goals of employees. By helping employees manage their careers and providing opportunities for career development, the organisation can ensure higher engagement & productivity.

Attracting and retaining good employees. Good-quality employees will stay with an organisation if offered challenge, empowerment and the chance to progress and develop. Although this may not seem a priority in the current economy, organisations need to prepare for the potential retention problems that are likely to become an issue as the economy improves and the market opens up.

Employee development brings many benefits to a business which supersede the cost. Training benefits a business by motivating employees, improving performance, and maximizing potential.