Invest more in training your team now. Times are tough. Everyone is looking for a way to shear costs so we can make the next payroll or afford the next rent check. There are many ways to point your meat cleaver to cut the fat in your organization. Don’t cut training. Despite conventional wisdom, double downing on training right now will help your team accomplish tasks and succeed. This rare strategy will generate millions in profits, positioning your company to thrive. At my company, we invest 8-10% of employee salaries on training. This is a huge investment in the middle of uncertain times, however this will make our prospects certain because we will have the best talent in the industry.
Invest more in training your team now.