| Absence of Training and Development Aggravates Skills Shortage |
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Melbourne, 8th November 2006 - Employers are not providing sufficient training and development programs to their staff, even though it has been proven that company sponsored training and development programs are likely to increase staff retention, reveals “The Great Divide”; a new independent research study on Australians’ attitudes to work, released today. The report published by leading Recruitment and Human Resource Consulting firm, 1st Executive, asserts that whilst managers claim to support and value training and development programs for their staff, 74% of employees do not have a company sponsored development plan. Further to these findings, both employers and employees agree that not enough training and mentoring exists to maximize success. 58% of employees do not have sufficient coaching and mentoring from their manager. Similarly, 50% of managers asserted that they did not have adequate coaching and programs to maximize employee performance. Management responses indicate that they have not accepted fully the responsibility to coach and mentor their own staff. “The findings on training, development and mentoring should alarm employers because they directly relate to the two main issues in our labor market - skills shortages and staff retention”, Andrew Thoseby, Director of 1st Executive said. Thoseby concluded “Employees have asserted training and development increases their level of engagement with the company, but managers have displayed they are out of touch with their employees on this factor.” The research study is available from 1st Executive for $295 including GST. Survey design and statistical analysis by Aremel Research Pty. Ltd.
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