Why Employee Training: A Critical Investment for Organizations
The Philippine Star|December 29, 2024
Attracting and retaining top talent has become more challenging for companies in today's competitive market. As a result, employers are continuously refining their employment packages to meet the evolving needs of the modern workforce and secure the best talent.
By Melville Brooks

While higher compensation and expanded benefits remain important, companies must also prioritize employee training and development opportunities. This has become especially crucial in the Philippines, as more Filipino Gen Z professionals enter the workforce.

According to the Universum's Talent Research 2023, the younger generation places significant value on employers that provide training programs, in addition to competitive salaries and a positive work environment.

Reflecting this trend, companies are now placing greater importance on employee development, as highlighted in Jobstreet by SEEK's 2024 Hiring, Compensation and Benefits Report. This shift aims to strengthen both talent acquisition and retention efforts, acknowledging that investing in training and development is crucial for long-term success.

Here are reasons employee training should be a critical investment for organizations:

Enhances employees' skills

Bu hikaye The Philippine Star dergisinin December 29, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The Philippine Star dergisinin December 29, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE PHILIPPINE STAR DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
THE POWER OF ENSEMBLE ACTING
The Philippine Star

THE POWER OF ENSEMBLE ACTING

\"ESPANTAHO\" (SCARECROW) is a tale of family and forgiveness, told in the drama-horror genre. For the audiences, it could also be a tale of great ensemble acting. You know the kind that complements the genre because the portrayal keeps one on the edge of one's seat.

time-read
3 dak  |
January 01, 2025
Tyang Amy, Tita Winnie talk about challenges of hosting a public service show
The Philippine Star

Tyang Amy, Tita Winnie talk about challenges of hosting a public service show

One of the challenges of hosting a public service show is dealing with the feeling of empathy toward your listeners as they share their heart-wrenching stories, according to radio hosts Tyang Amy Perez and Tita Winnie Cordero.

time-read
3 dak  |
January 01, 2025
MMFF explains Eugene Domingo's inclusion in viral tribute video
The Philippine Star

MMFF explains Eugene Domingo's inclusion in viral tribute video

Organizers of the 50th Metro Manila Film Festival (MMFF) have addressed questions over the inclusion of veteran actress-comedienne Eugene Domingo in a tribute video aired during its awards night or Gabi ng Parangal.

time-read
2 dak  |
January 01, 2025
49TH CONSULAR BALL HIGHLIGHTS THE POWER OF COLLABORATION
The Philippine Star

49TH CONSULAR BALL HIGHLIGHTS THE POWER OF COLLABORATION

For almost half a century, the Consular Corps of the Philippines celebrates an annual ball that brings together members of the diplomatic community, government officials, business leaders and prominent figures, fostering friendship and cooperation among consuls, strengthening the connection between the diplomatic community and the Filipinos.

time-read
1 min  |
January 01, 2025
ALYSSA VALDEZ READY TO REINVENT HERSELF BEYOND THE COURT
The Philippine Star

ALYSSA VALDEZ READY TO REINVENT HERSELF BEYOND THE COURT

Alyssa Valdez has finally returned to the volleyball court scene after suffering from a right knee injury.

time-read
4 dak  |
January 01, 2025
This Top Moroccan Beauty Brand Is Clean, Ethical and Affordable
The Philippine Star

This Top Moroccan Beauty Brand Is Clean, Ethical and Affordable

Moroccan skin, body and hair care have long been touted for their beauty benefits, so Mehdi Moussaoui, a French-Moroccan expat who's the top hairstylist at La Provence salon in Central Square BGC, wanted to bring a Moroccan beauty brand here that Filipinos would love.

time-read
1 min  |
January 01, 2025
The Philippine Star

DRESSING UP FOR JOY IN 2025

Fashion's mood for the new year is one of optimism and a celebration of individuality and self-expression.

time-read
1 min  |
January 01, 2025
The Philippine Star

PCC, ACPC Form TWG For Financing To Carabao Enterprises

Two agencies attached to the Department of Agriculture formed a technical working group (TWG) to oversee the creation of a financing program that would support carabao and carabao-based enterprises (CBEs) nationwide.

time-read
1 min  |
January 01, 2025
The Philippine Star

BSP extends deadline on consumer redress standards

The Bangko Sentral ng Pilipinas (BSP) has extended the transitory period for compliance with Circular 1195, which outlines the consumer redress mechanism standards for account-to-account electronic fund transfers (EFTs).

time-read
1 min  |
January 01, 2025
The Philippine Star

MRT-7 Gears Up for Engineering Check

Metro Rail Transit Line 7 (MRT-7) has undergone so many changes from its original design that the government is hiring an engineering consultant to look at all of them.

time-read
1 min  |
January 01, 2025