According to stats from Deloitte, “Organizations with a strong learning culture are 92% more likely to develop novel products and processes, 52% more productive, 56% more likely to be the first to market with their products and services and 17% more profitable than their peers. Their engagement and retention rates are also 30–50% higher.”
And according to a 2018 LinkedIn Workplace Learning Report showed that a staggering “94% of employees would stay at a company longer if it invested in their career development,” but the biggest obstacle to employees learning and developing is a lack of time. LinkedIn’s strategy addresses this problem by building development time right into employees’ schedules.
As we address issues and barriers in expanding the talent pipeline, we cannot forget to place emphasis on our current workforce and upskilling. We must also prioritize our transitioning military members who bring a wealth of knowledge and experience into the workforce but need help translating their experience to the civilian sector.
This FMA initiative encourages and provides pathways for member companies to invest in training up their workforce. A series of educational discounts and benefits are offered exclusively to employees of FMA member companies.