Archive for the ‘Advice & Guidance’ Category

Future proof your business by upskilling your staff while on furlough

Many businesses and their employees have been facing challenges due to the coronavirus outbreak. The Government’s furlough scheme has been instrumental in helping to save jobs, but businesses can benefit even more from furlough.

Training Furloughed Employees

Training on furlough is allowed, employees who have been furloughed can continue to train or start a new programme as long as doing so does not provide services to, or generate revenue for, or on behalf of their company or a linked or associated company.
Training can be hugely beneficial to both businesses and employees in preparing for an eventual return to work in a changed economy.

Apprentices

Apprentices can placed on furlough in the same way as any employees. They are able to continue their training remotely as far as is feasible during this time. Employers should liaise with the apprentice’s training provider to discuss whether e-learning is available.

Future proof your business through your employees

The long term future of businesses will continue to depend on anticipation and planning. By acting now, and deciding to upskill or reskill your employees to meet future requirements of your business will mean that you utilise the time that is available to staff on furlough. It also can help with employee engagement, retention, keeping the company culture alive, and improving business performance once they are back to work.

Grants, funding and incentives 

The good news is that there are plenty of grants and funding available at the moment to help businesses to cover the cost of training and development of their staff – whether it would be an apprenticeship, NVQ, or short duration course.
If you are looking to recruit new staff, it’s worth thinking about taking on an Apprentice. The Government will provide incentive payments to employers who recruit apprentices from 1 August 2020 through to 31 March 2021.

Age of apprenticeIncentive before Covid-19Total paid to the employer with the new incentive scheme
16-18£1000£3,000 (£1000 + £2000)
19-24N/A£2000
25+N/A£1,500

We are here to help

We provide advice and guidance not only on training and development programmes including skills training, NVQs and apprenticeships but regarding available funding and grants. We will make sure that we find training programmes that suit your business and will help to secure the funding for it too.

To find out more about how we can support you get in touch with us here and we will get back to you.

Why invest in employee training and development

Henry Ford was credited with the quote “The only thing worse than training your employees and having them leave is not training them and having them stay.”  

Regardless of where this quote originates, it highlights the importance of investing in the training and development of your company’s most vital assets – your employees. 

Investing in training can present your business with many advantages, here are just a few; 

  1. Gain a competitive advantage – Well trained employees can put regularly updated knowledge, skills and experience to use by responding to changes in the market, ensuring long term company success in the process.
  2. Increase employee productivity and performance – ensure that each member of your workforce is carrying out their role as productively and effectively as possible by enabling them to enhance their knowledge, develop new skills and grow with regular training in their chosen field.  Providing employees with the knowledge to feel confident and skilled in their roles with regular training and development will result in improved performance.
  3. Boost morale in the workplace – boost morale amongst your staff with training.  Staff will feel like they belong to an organisation who cares about their career journey and is enabling them to progress.  Regular training and development will result in a more confident and happier workforce.
  4. Fill vital skills gaps –address any weaknesses or skills gaps identified in regular reviews with training and development to create a workforce that is constantly evolving alongside the scope of their role.
  5. Enable creativity – Receiving regular and up to date training will empower your staff with new knowledge and skills.  With the confidence that comes with feeling competent in their role, new innovative and creative ideas and practices can flow.
  6. Increased Employee Loyalty and Decreased TurnoverWhen a company invests in employee training and development, employees feel valued and appreciated. This makes them more loyal, and the more loyal your employees are, the more likely they are to both stay and to refer skilled friends and colleagues to work at the company. Plus, loyal employees are more engaged and motivated and require less supervision. 

Give us a call on 0330 088 9596 or email us at enquiries@geason.co.uk to discuss how we can help you to set up a training plan that best suits the needs of your business.