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Why is professional development vital?
The truth is, many people aren’t investing of their career development. One-third of employees say they do nothing to upgrade or improve their present skill set. These folks aren’t too fearful about their future career. Many may be good at their jobs, too, however they’re either content material the place they’re at or just aren’t frightened about their professional future.
This means by taking advantage of professional development, continued training, and planning in your career, you’ve already acquired a leg up on a third of your peers. Because you’re going for it and taking ownership of your career, you’re much more likely to achieve success and meet your goals.
What is the purpose of professional development?
It's a way for people to assess their own skills and abilities, consider their goals in life, and set goals with a view to realise and maximise their true potential.
The purpose of professional development is to provide professionals the opportunity to study and apply new knowledge and skills that can help them in their job and further their career. Professional development is all about building your skill set and knowledge base for your field.
And professional development isn’t just useful for you — it’s helpful to your employer, too. By having opportunities to learn, enhance your skill sets, and keep up-to-date on industry developments, professionals like your self increase your own value while also adding to your organization’s general value.
Professional development and professional training opportunities provide many other particular benefits for both younger and experienced professionals. A few of these benefits are listed below.
Benefits of professional development for employers
Employers can benefit from professional development in a number of ways. First, it promotes higher worker retention rates. Statistics show that the price of employee turnover is as much as 16% of the worker’s annual income. This means an worker incomes $ 100 000 per year will cost the employer $ 16 000 if he or she quits. However employers who provide professional development will encourage workers to remain with their business.
Professional development additionally signals competency on behalf of the employer. Some industries actually require workers to hold certifications. And if a worker doesn’t have the mandatory certification, it looks bad for the employer – not to point out the legal challenges it poses. Professional development, nevertheless, may help workers obtain the required certification and learning for their industry.
Professional development and continual learning will provide a number of benefits to each professional who actively engages with these opportunities, however most of the benefits of professional development will depend on the professional’s particular career goals.
Benefits of professional development include:
1. Professional development expands your knowledge base. Professional development and continuing schooling opportunities can expose both younger and experienced professionals to new ideas, solidify their knowledge, and improve their experience in their field. Those who actively seek out these learning opportunities are those that will benefit most from them.
2. Professional development boosts confidence and credibility. By increasing professionals’ experience via professional development, their confidence of their work will enhance as well. Nobody likes to think they’re missing vital skills of their industry. Professional development programs, persevering with education, and training opportunities permit professionals to build confidence and credibility as they purchase new skill sets and professional designations.
3. Professional development will increase incomes potential and hireability. Professional development and persevering with education presents each young and skilled professionals opportunities to spice up their incomes potential and future hireability by rising their knowledge and updating their skill sets. Professional credentials, certifications, and designations — most of which might be accessed and obtained on-line — additionally provide easy ways to increase a professional’s value. Professionals with the correct skill sets who seek out and take advantage of upskilling opportunities are actually more bankable than those that don’t.
4. Professional development can provide networking opportunities. Many professional development opportunities akin to workshops, conferences, and different networking occasions allow professionals to branch out and meet other individuals within their business who may be able to assist them with career opportunities within the future. While you determine you desire a change or are ready to move up in your career, your professional network and the professional relationships you may have cast will come in handy.
4. Professional development can provide networking opportunities. Many professional development opportunities akin to workshops, conferences, and other networking occasions permit professionals to branch out and meet other individuals within their industry who could also be able to assist them with career opportunities within the future. Whenever you determine you want a change or are ready to move up in your career, your professional network and the professional relationships you have got forged will are available in handy.
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