Business Training

The organisational culture, the level of benefits given to employees, the nature of these benefits, giving employees the opportunities to optimally utilise their skills, investing in employee training, allowing flexibility in working schedules and ensuring fair treatment for all employees are some of the factors that employees use to rate their employers. Employers who generally care about their employees and ensure that the employees get the best experience, learn and grow are rated highly.

Learn more about finance for non finance managers course

Improving financial success

The leading measure of the success of a business is the finances. While some people may think that the more money the company brings, the more successful it is, this may not be the case. Managing the money earned well contributes highly to financial success. One of the best ways to ensure financial success is to ensure that all employees, especially the management teams, understand good financial management. finance for nonfinancial managers course inculcates good financial management, financial accountability, calculation of importance financial ratios and interpretation of financial statements for members of the management team who may not have knowledge and skills in financial accounting, reporting and management.

Improving Productivity

It is important for businesses to note that the number of hours an employee worked is not directly proportional to the productivity, at least in most cases. The state of mind of the employee, the general working environment, understanding the use of technology and equipment at work, relationships with other employees, how the management treats the employee and social issues contribute highly to the productivity of any employee. The organisation can improve productivity through the provision of a conducive working environment, ensuring that employees understand each other's roles and that everyone plays their role, enabling training and capacity building for employees, proper remuneration for services offered and ensuring that the employees have time to take care of their personal business are great ways for the company to improve productivity.

Improving Morale

Did you know that by recognising the efforts put in by your team especially in front of other team members can greatly affect the morale of the employee and enhance hard work among colleagues? Other ways of improving morale include allowing employees to work on their personally initiatives to improve the company revenue, providing employees with regular training especially on basic things such as business writing skills, on rewarding employees based on the ideas they initiate to improve the work place and customer service.

Improving Employee retention

Employees will continue working for an employer if they feel appreciated, if they are given a chance to showcase their skills and talents, when they are paid well, when they feel that the company vision and their career vision are in line with each other and if they enjoy working in the company. One way a company can retain employees is to ensuring that everyone has an equal chance at promotions. The management team could also ensure that employee remuneration is at par or better than the market rates. When the employees feel like they own the business, they will not only work harder but they will also stay longer. This can be achieved through share schemes where employees own a portion of the business either through a trust held share scheme or individually.