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Investing in Language Learning to Improve Employee Retention
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As a human resources leader, you know that employee retention is crucial for maintaining a solid and productive workforce. You've likely explored various benefits from health insurance to 401(k) plans, but have you considered the benefits of language learning?
In today's global economy, language skills are more critical than ever. A study by the American Council on the Teaching of Foreign Languages found that language skills are in high demand among U.S. employers, with 44% of surveyed companies reporting a language skills gap among their employees.
By offering language learning opportunities as a benefit, you can improve your employees' language skills, boost their cultural awareness, and ultimately increase retention rates.
Employees with access to language learning opportunities gain various benefits that can help them personally and professionally. These benefits include:
Offering language learning opportunities can also benefit employers in several ways, including:
There are various ways to implement language learning to benefit your employees, depending on your company's size, budget, and goals.
Some options include:
Regardless of your chosen method, the key is to make language learning accessible and relevant to your employees. By offering language learning as a retention benefit, you can improve employee communication skills, increase cultural awareness, and ultimately enhance employee retention rates. Whether you provide virtual language classes or reimburse employees for classes they take on their own, investing in language learning can pay off in more ways than one.
If you want to learn more about Global LT’s language and cultural services, we're here to answer all your questions about implementing a language-learning benefit at your organization.
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