"In a recent study of workforce performance... firms that actively encourage employee development and offer opportunities for employee involvement made much larger gains in productivity than those that didn't, observed Bob Nelson in 1501 Ways to Reward Employees (New York: Workman Publishing, 2012). As a result, Nelson recommends not cutting back on training when times are tough but to enact these approaches:
"If space and dollars are limited, select top performers to participate in the training you provide. When times are tough, those with the most potential tend to shine even brighter and should be the first to be developed.
"Review existing training programs and evaluate which proved to be the most valuable and engendered the most return on investment. Cut those that have the least amount of benefits.
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Comments (3)
Displaying All 3 CommentsKarinas day care
Fairfax, VA, United States
Thanks
Okaloosa Walton Child Care Services
Ft. Walton Beach, FL, United States
Thank you for article on cost savings and early education. I am confused as to why there are almost no articles on wage and labor laws and the child care workforce, I read about the DOL investigating child care programs in CO and that many centers had to make payments to employees for wages that were not paid. We ask so much of our child care teachers, especially those serving low income families. Can you help me understand why there is nothing for center directors on wage and labor?
Thank you
Debra
Office of the Wetsuweten
Smithers, BC, Canada
This is very interesting and great to know
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