As a leader, you’ve probably asked yourself: How much should I be investing in staff development?
Some argue that with today’s shorter employee tenure and declining staff loyalty, investing in training isn’t worth it. Why spend the money if people won’t stick around? And does professional development truly impact the bottom line?
The Real Impact of Staff Development
Research proves that investing in staff development isn’t just about ‘feel-good’ initiatives—it directly boosts business performance. Companies that invest in employee training see:
- 24% higher gross margins
- 218% higher income per employee
The Magic Number on Staff Investment: $2,300 per Employee
Studies show that organisations investing around $2,300 AUD per employee annually gain a significant competitive edge. 59% of employees report that training enhances their overall job performance (SurveyMonkey). It’s a direct investment in productivity, engagement, and long-term success.
Are You Prioritising Your People?
Between hitting milestones, managing budgets, and racing against deadlines, it’s easy to let staff development slip. But your people are your greatest asset—and their growth fuels business success.
As you plan ahead, ask yourself: Are you investing enough in your team’s development?
It’s not an expense—it’s a strategic move that pays off. If you want to develop high-performance teams or build leadership capabilities. book a free 20-min. call with me.
