Benefits for Employers
Addressing Skills Gaps
Continuing education allows companies to upskill their workforce to meet evolving business needs and technological changes. This is especially critical as 87% of companies report having current or impending skills gaps.
Employee Retention
Companies that invest in continuing education typically maintain higher retention rates1. This saves on the substantial costs associated with employee turnover, which can be up to 33% of an employee's salary per resignation.
Improved Productivity and Performance
Employees who engage in ongoing learning tend to be more productive and proficient in their roles. Studies show engaged employees can be up to 44% more productive than disengaged peers.
Building Internal Talent Pipelines
By developing existing employees, companies can fill future leadership roles internally, saving time and money on external recruiting while leveraging institutional knowledge.
Competitive Advantage
A well-trained workforce can drive innovation and help companies stay ahead of industry trends. This allows organizations to remain competitive and adapt more easily to market changes.
Benefits for Employees
Skill Development and Career Advancement
Continuing education allows employees to learn new skills, expand their knowledge, and stay current in their field. This makes them more valuable to their employer and increases their chances of promotion or salary increases1. Nearly 30% of Millennial and Gen-Z employees specifically look for learning and development opportunities when considering employers.
Personal Satisfaction
Many employees want to grow professionally and avoid stagnation in their roles. Continuing education satisfies their desire for personal development and helps eliminate boredom. It can lead to increased job satisfaction and engagement.
Financial Benefits
Employees who pursue continuing education often see financial rewards, whether through promotions, bonuses, or higher starting salaries at new jobs. Additionally, when employers cover education costs, it provides significant savings for employees who would otherwise have to pay for required certifications or degrees out-of-pocket.
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Collaborative Leadership
- Foster a culture of teamwork by encouraging open communication and shared decision-making.
- Build trust and respect among team members to drive innovation and achieve common goals.
- Develop skills to balance authority with collaboration, empowering others to contribute.
- Enhance team performance by aligning individual strengths with collective objectives.
Conflict Resolution in the Workplace
- Learn strategies to address and resolve conflicts effectively and professionally.
- Develop skills to foster open communication and mutual understanding among team members.
- Explore techniques for managing emotions and reducing workplace tension.
- Build a positive work environment through collaboration and proactive problem-solving.
Communication Across the Generations
- Learn unique communication styles for each generation, from Boomers to Gen Z
- Build stronger, inclusive teams with empathy and understanding
- Foster respect and collaboration across age groups
- Ideal for leaders and team members aiming for seamless interaction
Artificial Intelligence: Practical Uses in the Workplace
- Learn how AI streamlines tasks like data analysis, customer service, and decision-making.
- Explore tools and techniques to automate repetitive processes and boost efficiency.
- Discover how AI can enhance creativity, problem-solving, and team collaboration.
- Gain actionable insights to implement AI solutions tailored to your organization’s needs.
We were very pleased working with the Concordia Team on this workshop. They were open, honest and very receptive to tailoring this class to the "Sendik's Culture". Our leaders provided universally positive feedback. It was a valuable use of our time.
Partner With Concordia
Are you providing the educational support your employees are requesting?
Concordia University offers companies a unique opportunity to enhance employee retention and professional growth by providing access to educational programs. Employees can take advantage of scholarships (discounts) for various courses, programs, and continuing education options.
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