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In 2022, U.S. companies invested more than $100 billion in employee learning and development, the highest amount ever according to Training Magazine’s annual industry report. Companies represented in the dataset likely understand the return on investment in people is high, directly affecting productivity, employee satisfaction and retention, and the bottom line.
They have likely learned the hard way that when team members feel underappreciated, lack clear expectations, and don’t feel empowered to make a difference on the team, team performance suffers and eventually, their high performers will leave. Considering the costs associated with turnover, especially in today’s tight labor market, corporations understand the stakes are higher than ever.
When it comes to investing in people and teams, public and non-profit organizations often face more significant resource constraints than their private sector counterparts. However, the importance of such training and investment is just as vital for public and non-profit entities, given their mission-driven nature and the challenge of competing in today’s fiercely competitive labor market.
All companies and organizations — regardless of size, budget, and mission — can benefit greatly from investing in their people and teams. At Clarus, we offer an array of leadership and team-building services for public, nonprofit, and private sector clients. We understand all organizations receive a return on investment in healthy teams, whether the return translates to the bottom line or to advancing a mission that makes a difference in the lives of people and communities.
To learn more about Clarus, our services, and how we can help your organization, please contact us now.
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