According to a study, 40% of employees with poor training tend to leave their jobs within the first year of joining. Meanwhile, another research finds that the companies that give importance to employee training and invest in that enjoy 24% higher profit margin in contrast to those who don’t invest in employee training.
Whether you are a start-up or a big multinational company it is necessary for HR managers to invest in team building activities. Very often we hear HR managers asking a question that why is it important to invest in team building activities. They often have a doubt that it won’t give them the kind of benefit which they are looking for. But assuming that a team building activity is a sheer waste of time and money is not at all correct. Instead, such activities when organized properly can have numerous benefits both to employees and the organization. Remember, people are the most important asset of any organization and it is never wrong to invest in this important asset.
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