If you or your employees do not have the right skills, you could be losing clients or missing sales, which can harm your productivity.
Research has shown that:
Trained workers are 8% more productive but command only 3.3% higher wages
For every pound invested in training, the return can be between £3 and £6
Employers in the most productive UK firms have two years more education than those in other firms
Investors in People on average increases profitability by 7% and adds value of £300 per head to each member of the workforce.
Increasing skills and training benefits business and society by:
Providing a skilled and diverse workforce across the sector
Increasing productivity, profitability and customer satisfaction
Generating sustainable businesses supporting economic growth, social inclusion and environmental enhancement
Promoting a better understanding of the importance of the sector by governments and the public
Improving the quality of life through the provision of quality food and management of the natural environment.
