{"id":1663,"date":"2023-08-23T12:38:59","date_gmt":"2023-08-23T12:38:59","guid":{"rendered":"https:\/\/gravitashr.co.uk\/?p=1663"},"modified":"2023-08-23T15:55:43","modified_gmt":"2023-08-23T15:55:43","slug":"training-your-team-are-you-investing-in-tomorrow-at-the-cost-of-today","status":"publish","type":"post","link":"https:\/\/gravitashr.co.uk\/blog\/business\/training-your-team-are-you-investing-in-tomorrow-at-the-cost-of-today\/","title":{"rendered":"Training your team \u2013 Are you investing in tomorrow at the cost of today?"},"content":{"rendered":"

In a challenging economic landscape, employers are very aware of the need to maintain a competitive edge. At the same time, there is usually a pressing need to save costs where possible. One target for consideration in both areas is training.<\/p>\n

Why review your training?<\/strong><\/p>\n

It is rare to find an employer that doesn\u2019t provide some sort of ongoing training. The benefits of a highly trained workforce are clear. However, in tough economic landscapes with rising interest rates, increased running costs, and high inflation, it is tempting to cut training to keep a little more in the coffers. While this is a course of action that could return short term benefits, it could also be building up problems in for the future.<\/p>\n

Rather than universally cutting training, it is often better to stand back and review your current needs. It is tempting to tighten your belt by cutting training wholesale, but a review and adjustment could well produce results you didn\u2019t expect.<\/p>\n