Workplace Training And Development Helps Businesses Become More Profitable

Paul Gray of specialist industry training provider MRG Services UK has a clear message for business owners looking to increase profitability. “If you want to strengthen your business and prepare it for the future, it’s vital to invest in your people.”

There are several reasons why this is so important not least the positive impact on business productivity and profitability. Paul said: “Research shows that organisations that lead, support and develop their workforce effectively are 17% more productive and 21% more profitable.1 A typical Apprentice delivers productivity gains of over £10,000 a year – and you can almost double that figure in the window industry.”2

Training and development are crucial for tackling two of the biggest challenges facing the industry: the skills gap with existing staff and the struggle to attract younger workers. Nearly 70% of employers say that employing Apprentices has improved staff retention and 65% of Apprentices stay working for the company that trained them when they complete their Apprenticeship.3 What’s more, 86% of employers said that Apprentices helped to develop relevant skills for their business and to fill their skills gap.4

Paul commented: “There are two popular misconceptions when it comes to business owners investing in training and development: The first is that Apprentices need to be new members of staff and secondly that training can be too expensive for an average business. Both are not true as an Apprentice can be an existing employee as well as a new one and as we are on the government’s register of Apprenticeship training providers (RoATP), we are able to access government funding for most learners.”

MRG’s management team has over 20 years’ experience in training and development in the glass-related industries. The company says businesses benefit from the most effective qualifications for their workforce and participants benefit from high quality, flexible, blended learning, comprehensive support resources, the exclusive MRG e-portfolio support resource and additional personal development. The result is a compelling proposition that delivers an impressive return on investment.

Paul concludes: “There has never been a better time to invest in the future of your business. And development in your people is the best investment you can make.”

mrgservices.org.uk

[1] www.investorsinpeople.com/accreditations/we-invest-in-people/

2 cebr.com/reports/uk-to-gain-18bn-from-apprenticeships/

 3assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/659710/Apprenticeships_evaluation_2017_employers.pdf

4assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/659710/Apprenticeships_evaluation_2017_employers.pdf