Employee Development; Approaches and Benefits

Employee development is "a process of improving employees' existing competencies and skills and developing newer ones to support the organization's goals". The approaches used for employee development are

1. Formal education programs

Off-site and on-site programs.

Short term courses

Executive programs

2. Assessment

Assessment is done to collect the following information

Identify employees with managerial potential

Measure strengths and weakness

 Identify potential to move into higher-level executive positions.

Ability to work with teams

3. Skill enhancement

Job experiences and skills are the critical factors in employee development. Job development is needed when there is a mismatch between the employee's skills and job requirements.

4. Interpersonal Relationships

Interacting with customers, managers, and other organization participants will help the employee gain more knowledge, experience and skills. The commonly used methods for enhancing interpersonal relationships are mentoring and coaching.

Benefits of employee development

1. Improves the performance
2. Develops ability to handle unexpected challenges
3. Better Learning culture causes enhanced loyalty of employees and a better workplace image.  
4. Ensures a better retention rate of employees.
5. Develops leaders from potential employees.
6. Increases employee engagement and motivation.