Why most organisations are missing out on FREE training for employees
Businesses today thrive when employees are well-trained and educated.
It's been shown many times over that staff with a greater skill set are:
- more versatile
- better equipped
- more confident and
- more fulfilled in their role.
Too often, when staff need training, the default action is to hire expensive trainers and programs to mentor and train staff to keep them engaged and educated.
Two things here:
- EVERY business has experienced employees who can and wish to share their knowledge.
- EVERY business has staff who are looking to learn and increase their skills in different areas, who would stay longer if they were given that opportunity.
But organisations aren’t bringing them together.
Worse, when employees can’t see a clear path for growth within the organisation, they’re more likely to search for external opportunities—and ultimately leave the company.
In this case, the loss is twofold:
- you lose valuable talent, and
- you spend time and money recruiting and educating someone new.
Why these companies are missing out
Our GoFIGR team have found a few different scenarios being played out in companies where we have performed discovery sessions:
In some cases, HR tried implementing systems only to abandon them because scheduling, getting them online and scaling them was too hard or too expensive to build.
We also see informal mentorships happen organically amongst staff. So these casual mentoring relationships are going on anyway.
Often, when management tries to handle the admin, it becomes too complex to manage, and it's not equitable.
In some cases these mentorships are great. In some cases, if it's not the right person, it can sometimes lead to new problems.
The thing is, people want to learn and advance their careers so there needs to be a viable solution that benefits all stakeholders.
What an Internal Marketplace is and does
An internal marketplace (like GoFIGR) is a platform that connects employees with all available internal opportunities for career progression, mentoring and coaching opportunities within your company.
In the same way that GoFIGR helps with internal job postings. the platform also enables in-house mentoring and coaching. Employees interested in receiving coaching can browse a list of available willing and trained mentors within the company.
Instead of knowledge and opportunities remaining siloed across different departments, an internal marketplace brings everything together.
Employees who want to share their expertise as mentors can easily offer their time, while those eager to learn can find the right people to help them advance their skills.
All of this is handled in one centralised platform, so you're not directly adding enormous costs to your business.
The benefits of encouraging internal training and mentoring.
Mentoring isn’t only beneficial for the mentees; it’s a fulfilling opportunity for employees looking to give back and share their skills. In our experience, we have seen that around 20% of our users actively want to mentor others.
You've got people who want to share knowledge with people who want to boost their careers, learn new things, and upskill to match the pace of modern organisations.
And then you have the platform that manages all of the related administration.
Employee retention rates improve when there is better visibility into new opportunities within the organisation. Employees unhappy in their current roles can see internal opportunities are readily available, and they’re less likely to search for external jobs.
Mentorship adds to this.
Employees who feel supported and guided in their growth are more engaged and likely to stick around. Knowing that their skills are valued gives them a sense of purpose and belonging.
When employees can transfer their skills and company familiarity internally, the company experiences less interruption.
Ultimately, an internal marketplace ensures your IP and experience don't walk out the door there's more fulfilment, and there's more capacity to learn, and you create a culture of learning and development.
How the GoFIGR internal marketplace platform solves this problem
This is why we put this feature in our platform. It creates transparency and equal opportunity for all employees within the organisation.
Our centralised self-service feature uses our platform to handle all administration tasks in connecting mentors with mentees at scale.
How GoFIGR sets your business and your employees up for a bright future
For an organisation, the whole point of retaining, training and enabling employees is to create a stronger, more future-proof employee base. It keeps the company from falling behind its competition.
As younger generations join organisations, they will bring an expectation that they will be nurtured within the company they serve.
Investing in their personal growth makes them feel valued by the company gives them a stronger sense of purpose in their role and reduces turnover.
When an organisation is known for promoting the growth of individuals, it attracts new employees who share the company’s values and with them comes a new wealth of knowledge to share internally.
An internal marketplace like GoFIGR could be a game-changer for your organisation.
A platform that connects employees with internal job opportunities, mentors, and skill-sharing, can unlock so much additional potential for your company.
Your internal marketplace will save your company time, reduce costs, and most importantly, facilitate and nurture a culture of continuous learning and growth.
If your organisation isn’t using an internal marketplace to connect talent with development opportunities, you could be missing out on an incredible, free training resource you never knew you had.Why waste any more money on external recruitment and training resources when the answer is already an active and valued part of your organisation?
Head to gofigr.ai to speak with the GoFIGR team and find out how we can help you unlock the potential inside everyone at your company.
Helena Turpin spent 20 years in talent and HR innovation where she solved people-related problems using data and technology. She left corporate life to create GoFIGR where she helps mid-sized organizations to develop and retain their people by connecting employee skills and aspirations to internal opportunities like projects, mentorship and learning.
