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  • Written by Metropolitan Digital

Is your business on the brink of High HR costs as the country grapples on the knife edge of recession? Do you want to invest in employee retention or reduce staff numbers to prevent high HR costs during a downturn? Discover the key to recruiting while retaining top performers during an uncertain economy. Become recession-proof and consider the return on investment in reducing turnover, retaining star employees, and improving productivity.

Slash HR Costs with a Cost-Effective Return on Investment Partnership

Consider the soft and hard savings when considering how to slash HR costs during a tough economy. What's a better return on investment—recruitment or development of current staff? If you have to recruit new staff, then you should. However, the secret sauce is in retention. Holding onto current employees and creating happy, loyal staff that will stick with your business through tough times is how to slash HR costs.

The return on investment in professional training for your employees is well-documented and will save you money. Registered Training Organisation partnerships are the pot of gold at the end of the rainbow. 

The benefits of professional accredited training from an Australian RTO partnership are:

  • Happy, loyal staff who will hang in there with you.
  • A productive and profitable workplace.
  • Staff training is an investment in your employees.
  • Employees offered accredited training in the workplace feel valued and loyal to you and the company.
  • A grateful employee will be more productive.
  • An employee who is invested in long-term training and development is more likely to remain where they feel valued.
  • Having a training and development schedule gives your company a good reputation and makes recruitment of top performers easier. They will go where they are valued.

Why Are Australian RTO Partnerships the Best Option for You?

Australian RTO Partnerships work by offering specialised training so that you can train your staff under a partnership umbrella. This ensures that the training is accredited. Another huge bonus is the flexibility that Rpartnerships tend to offer, with some courses offered as group sessions and the option of learning online if desirable or required.

Gaining accreditation is fantastic for employees, and you get highly trained employees, with costs potentially covered by government grants. It's a win-win.  As Ben Klatt, a veteran in staff upskilling and training project management, notes, "The key to a successful outcome from an Australian RTO partnership is ensuring that there is a synergy between the RTO's experience and the business' goals. Otherwise, you're not getting the full benefits of professional RTO training, and you won't get the benefits of a highly trained and motivated staff." 

Be proactive in uncertain times and get ahead of your competition. Engage an Australian RTO partnership to recession-proof with superstar retention and quality recruitment.

Metropolitan Business News

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