--- title: Why to Invest in Training & Development Now | myHR Partner description: Sharing the top 4 Reasons to Invest in Employee Training & Development Right Now in order to propel your business forward. image: https://myhrpartnerinc.com/hubfs/Casual%20businessman%20giving%20a%20presentation%20to%20his%20colleagues.jpeg ---  myHR Partner named to *Inc.’s Best Workplaces 2025*! We're honored to be recognized for our people-first culture and commitment to workplace excellence. [Read more](https://myhrpartnerinc.com/news/myhr-partner-among-inc.s-best-workplaces-for-2025-list). close [ Blog ](https://myhrpartnerinc.com/blog) - Browse Topics More - [Workplace Hot Topics](https://myhrpartnerinc.com/blog/tag/workplace-hot-topics) - [Hiring](https://myhrpartnerinc.com/blog/tag/hiring) - [Outsourcing HR](https://myhrpartnerinc.com/blog/tag/outsourcing-hr) - [Human Resources/HR](https://myhrpartnerinc.com/blog/tag/human-resources-hr) - [Employee Relations](https://myhrpartnerinc.com/blog/tag/employee-relations) - [Entrepreneurship](https://myhrpartnerinc.com/blog/tag/entrepreneurship) - [Management Counsel](https://myhrpartnerinc.com/blog/tag/management-counsel) - [Compliance](https://myhrpartnerinc.com/blog/tag/compliance) - [Employee Retention](https://myhrpartnerinc.com/blog/tag/employee-retention) - [Small business](https://myhrpartnerinc.com/blog/tag/small-business) - [Performance Management](https://myhrpartnerinc.com/blog/tag/performance-management) - [Employee Engagement](https://myhrpartnerinc.com/blog/tag/employee-engagement) - [Private foundation](https://myhrpartnerinc.com/blog/tag/private-foundation) - [Benefits Administration](https://myhrpartnerinc.com/blog/tag/benefits-administration) - [Mid-sized organization](https://myhrpartnerinc.com/blog/tag/mid-sized-organization) - [Small organization](https://myhrpartnerinc.com/blog/tag/small-organization) - [Non-profit](https://myhrpartnerinc.com/blog/tag/non-profit) - [Payroll](https://myhrpartnerinc.com/blog/tag/payroll) - [Mid-sized business](https://myhrpartnerinc.com/blog/tag/mid-sized-business) - [Employee Benefits](https://myhrpartnerinc.com/blog/tag/employee-benefits) - [Interviewing](https://myhrpartnerinc.com/blog/tag/interviewing) - [Diversity](https://myhrpartnerinc.com/blog/tag/diversity) - [Employee Development](https://myhrpartnerinc.com/blog/tag/employee-development) - [Job Descriptions](https://myhrpartnerinc.com/blog/tag/job-descriptions) - [Job Postings](https://myhrpartnerinc.com/blog/tag/job-postings) - [Labor Market](https://myhrpartnerinc.com/blog/tag/labor-market) - [training](https://myhrpartnerinc.com/blog/tag/training) Subscribe Hiring can feel like a marathon. Still, for all of the effort a right-fit hire requires, it’s only the first leg of a larger race. Ignore the next leg – on-the-job training and professional development – and you risk returning to the starting line before you’ve had a chance to catch your breath. Think we’re coming on too strong? Consider this: [LinkedIn’s 2021 Workforce Learning Report](https://learning.linkedin.com/resources/workplace-learning-report) points to ongoing learning as a priority and through-line among professionals and businesses eager to grow and innovate. [Even more, workplace training is consistently shown to improve retention](https://www.forbes.com/sites/meghanbiro/2018/07/23/developing-your-employees-is-the-key-to-retention-here-are-4-smart-ways-to-start/?sh=2c46cf737344). Despite these facts, training and development still, astoundingly, gets lost in the shuffle. In 2020, employers [spent almost 15% *less *on training than they did in 2019](https://pubs.royle.com/publication/?m=20617&i=678873&p=24v) – a step in the wrong direction given [today’s staggering turnover rates](https://www.forbes.com/sites/karadennison/2021/04/27/why-the-2021-turnover-tsunami-is-happening-and-what-business-leaders-can-do-to-prepare/?sh=127a32b4e6d0). Point is, there’s no time better time than now to invest in [hard skills (specific job-related requirements but also data literacy, software training, communication) and soft skills (business etiquette and health and wellness, for example)](https://info.udemy.com/rs/273-CKQ-053/images/Udemy-2021-Trends-Report.pdf) for your team. Here are four more reasons to invest in meaningful employee training: 1. **Training existing employees is much cheaper than hiring new ones** The cost of training and developing your people is nominal compared to the cost of losing them. Recruiting and hiring costs businesses, on average, the equivalent of [six to nine months of a position’s annual salary](https://www.huffpost.com/entry/high-turnover-costs-way-more-than-you-think_b_9197238)[[1]](https://myhrpartnerinc.com/blog/4-reasons-to-invest-in-employee-training-development-right-now#_ftn1). The more senior the role, the more you’ll spend. According to some studies, businesses invest [*up to 213%* *of a highly specialized role’s* *salary* finding a qualified candidate to fill it](https://www.huffpost.com/entry/high-turnover-costs-way-more-than-you-think_b_9197238). That number only increases in competitive hiring landscapes like today’s. 1. **Trained employees are more productive** Employee training and career growth opportunities are [consistently shown to boost workforce productivity](https://blog.schoox.com/how-employee-training-boosts-on-the-job-productivity/). This correlation makes sense:  Professionals who know what to do spend less time figuring out how to do it, and professionals who feel valued – and who can envision themselves advancing – are generally more eager to take work seriously in return. 1. **Trained employees work smarter** Even the most qualified candidate can’t be expected to know your company’s organizational system, value differentiators, unique culture…all of the nuances that make you *you*. The sooner they’re versed in what’s expected and how it’s done, and the more likely they are to hit their mark, work efficiently, and move your objectives forward. 1. **Trained employees feel connected** A growing number of employees are working remotely some or all of the time, with fewer opportunities to connect with peers in-person. This makes [strong communication skills and a shared vision more vital than ever before](https://trainingindustry.com/articles/remote-learning/5-remote-learning-takeaways-from-covid-19/). By providing training across the board that aligns with brand’s objectives and values, you’re boosting cohesion and camaraderie. Eager to take your training up a notch but don’t know where to start? [myHR Partner’s online or in-person training](https://myhrpartnerinc.com/what-we-do/services/training/) is fully customizable and designed to do so much more than just check a box – and yes, often improves retention in the process. Or set up time to discuss your training needs [**here.**](https://myhrpartnerinc.com/request-a-consultation/) ## Topics discussed - [Human Resources/HR](https://myhrpartnerinc.com/blog/tag/human-resources-hr) - [Employee Development](https://myhrpartnerinc.com/blog/tag/employee-development) - [Employee Retention](https://myhrpartnerinc.com/blog/tag/employee-retention) #### ABOUT THE AUTHOR ![myHR Partner Team](https://myhrpartnerinc.com/hs-fs/hubfs/social-suggested-images/media.licdn.comdmsimageD4E0BAQEgw4PyMaO8mwcompany-logo_200_20001719925492800myhr_partner_logo-2.jpeg?width=100&height=100&name=media.licdn.comdmsimageD4E0BAQEgw4PyMaO8mwcompany-logo_200_20001719925492800myhr_partner_logo-2.jpeg) ##### myHR Partner Team myHR Partner provides outsourced HR services for established small and mid-sized businesses throughout the United States. With more than 24 years of experience, our Client Services team delivers both strategic and hands-on HR support, tailored to each organization’s needs. Every member of our customer service team has a formal HR education and practical experience managing compliance, employee relations, and people operations across diverse business environments. - - #### Insights in your inbox Subscribe to our blog to get insights sent directly to your inbox. Subscribe ## Related Posts [![](https://myhrpartnerinc.com/hs-fs/hubfs/wellbeing%20blog%20post.png?width=450&height=250&name=wellbeing%20blog%20post.png) ](https://myhrpartnerinc.com/blog/employee-well-being-is-about-more-than-programs) [Employee Development](https://myhrpartnerinc.com/blog/tag/employee-development) [Employee Well-Being is About More Than Programs](https://myhrpartnerinc.com/blog/employee-well-being-is-about-more-than-programs) When leaders think about employee well-being, the conversation often turns to benefits. Employee Assistance Programs (EAPs). … 3 min read May 05, 2026 [![women with her hands at her temples and eyes closed stressed and overwhelmed](https://myhrpartnerinc.com/hs-fs/hubfs/Business%20people%20with%20stress%20and%20worries%20in%20office.jpeg?width=450&height=250&name=Business%20people%20with%20stress%20and%20worries%20in%20office.jpeg) ](https://myhrpartnerinc.com/blog/employee-burnout-smart-employers-know-overworking-great-team-will-ruin) [Employee Relations](https://myhrpartnerinc.com/blog/tag/employee-relations) [How to avoid employee burnout](https://myhrpartnerinc.com/blog/employee-burnout-smart-employers-know-overworking-great-team-will-ruin) When employees are consistently overworked and left feeling underappreciated, it is a recipe for disaster. 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