Thanks to a growing amount of competition, businesses need to remain one step ahead of the game if they hope to enjoy continued success. This often boils down to the training that individual employees obtain. One effective method is known as an NVQ. What is a NVQ? This acronym stands for National Vocational Qualification and it is associated with a number of unique advantages. Let’s take a closer look.
1- The Power of Written and Recognized Qualifications
There is no doubt that real-world skills are important. However, there also needs to be proof that employees have completed specific training courses. This is even more important when referring to hands-on certifications such as those which are associated with the City & Guilds organisation.
2- A Rise in Productivity
Were you aware that lost productivity is estimated to cost businesses throughout the United States an estimated $550 billion dollars every year? The National Vocational Qualification scheme will teach employees how to enhance their sense of in-house efficiency. Not only is this a great way to keep up with a challenging workload, but such skills will influence their fellow co-workers. As a result, you can certainly expect a higher degree of productivity.
3- NVQ Qualifications Lead to a Stronger and More Focused Work Ethic
Confidence is key within the modern workforce; especially when referring to larger firms. However, discipline is first necessary. The unfortunate fact is that some employees lack both. The NVQ program can help to address these problems through teaching individuals about empowerment and how to remain motivated when the “going gets tough”. Such a work ethic will ensure continuous quality improvement and above all, the workforce as a whole is likely to be more contented.
4- Lower Turnover Rates
It is said that every employee is replaceable. However, this is more of a myth than a reality. High turnover rates lead to lower levels of productivity, a flagging sense of loyalty and the need to train new candidates for the position in question. Those who possess an NVQ are likely to remain at their position for a much longer period of time (particularly if there is room for upward mobility). If you are looking to stem current turnover rates, an NVQ is an excellent option.
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5- Improved and Up-to-Date Performance
Continuous quality assurance is critical in this day and age. Not only must employees be kept up to date with the latest skills and technologies, but it is essential that customer service solutions are never called into question. The NVQ program will help to address these and many other concerns.
These are five of the primary reasons why helping your employees obtain a National Vocational Qualification is an excellent idea. Regardless of the size of your business, there is always room for improvement. Of course, this is only one suggestion amongst the variety of innovative ideas to help improve your organization.
Never forget that motivated and happy employees are those which are the most likely to remain loyal over time.