- 98% of UK employees think learning is essential in deciding to stay with their employer
- 66% of UK companies think learning and development are key for strong business performance
- 75% of companies don't have a learning culture and 66% don't have a digital learning strategy
- 53% of staff don't have a clear understanding of how they contribute to company goals
LONDON, Oct. 4, 2018 /PRNewswire/ --Too many organisations don't prioritise employee development, have not implemented digital learning strategies, and have either inadequate or inconsistent review processes, a new study shows.
Research from Bridge in collaboration with Two Heads Consulting, finds that most businesses in the UK are struggling to engender a culture that prioritises learning and development. Only 25% of HR staff say their organisations have a learning culture. In comparison, three quarters of companies don't have one at all (11%), are still trying to establish one (59%) or report it is not a priority (5%).
Furthermore, despite recognising its importance, 60% of UK companies don't measure the impact of learning on business performance.
"While most employers recognise that good learning and development will positively impact business performance, our research shows that many are failing employees by not having the right tools in place to achieve this," said Kenny Nicholl, General Manager, EMEA at Instructure. "The good news is that employees are hungry to learn, but organisations need to provide more effective and measurable employee development to foster a more engaged, loyal and productive workforce."
In the face of a well-documented skills shortage, organisations in the UK will need to spend an extra £527 million1 to attract the right talent over the next year. Bridge's study shows that there is a real opportunity for companies to capitalise on employees' desire to learn, as seven in ten workers (70%) say that development opportunities are a decisive factor in choosing where to work.
However, the report also uncovers a significant disconnect between employees' learning and their organisation's strategic goals. While almost two in three (64%) UK workers understand what their company does, more than half (53%) don't know how they contribute towards company goals.
The research shows that organisations are split in their approach to developing digital learning strategies. While more than a third (35%) of companies already have one in place, three in ten (30%) are in the process of developing a strategy, and one in three (35%) organisations currently don't have a plan for using digital learning tools.
Performance Review Process Ineffective at Most UK Companies When it comes to performance reviews, many employees feel they are not adequately served by either their company's policies or their line managers. One in three (32%) workers never have any review meetings at all, and the same proportion (32%) only an annual appraisal.
Many employees who are engaged in a review process are often left feeling that it is not being taken as seriously as it could. Approaching a quarter (23%) of employees feel that their boss sees their appraisal as a "tick box" exercise, and one in seven (14%) say their line manager does little preparation or follow-up. One in ten (10%) say their supervisor 'doesn't have time' for the process, while one in twelve (8%) say their reviewer is 'directive' and tells them what to do.
The research finds that many employees have a hunger for development, with more than seven in ten (72%) feeling that they need to learn more in order to do their job well and around the same proportion (70%) stating that learning is an essential motivating factor in choosing where to work.
However, they want their organisations to be flexible in their approaches to upskilling. Six in ten (60%) employees want to control how and when they learn, compared to just one in six (16%) who want their training and development to be dictated by the company and a quarter (24%) who want to undertake training on their own time.
Click here to download the report: 'Improving Employee Engagement, Retention & Performance.'
Notes to Editors Bridge and Two Heads Consulting surveyed 500 employees and 200 senior HR and L&D professionals from leading organisations across the UK in the summer of 2018, and the results offer a representative cross section of attitudes on learning, development and performance management. We combined these findings with insights gained from conversations with HR practitioners in order to produce the research and report.
About Bridge Bridge is an employee development software suite that helps you better develop employees that stick around longer. Bridge gives your people the tools they need to grow in their jobs, mastering critical skills and learning from managers and mentors, all of which helps you attract, develop and retain the best talent. Find out more at www.GetBridge.com.
About Instructure Instructure, Inc. (NYSE: INST) is a leading software-as-a-service (SaaS) technology company that makes software that makes people smarter. With a vision to help maximize the potential of people through technology, Instructure enables organisations everywhere to easily develop, deliver and manage engaging face-to-face and online learning experiences. To date, Instructure has connected millions of instructors and learners at more than 4,000 educational institutions and corporations throughout the world. Learn more at www.Instructure.com.
About Two Heads Consulting Two Heads Consulting is a collaboration between Mervyn Dinnen and Matt Alder, joint authors of the book 'Exceptional Talent,' who provide research and insights into the changing world of work.
For further information please contact: Third City Cathy Farmer / Dan Thompson / Emily Goodbrand Dillon E: Instructure@thirdcity.co.uk D: +44 (0)20 3657 9773 M: +44 (0)7805 754904 / +44 (0)7771 520872 / +44 (0)7720 397747