Top benefits of investing in employee training — and tips to get funding

Ellen Pincus
August 14, 2024 by
Ellen Pincus

Employee training is critical in a business climate driven by new technologies and innovative approaches. For employees, getting the training they need makes it easier to use the latest tools and techniques to do their jobs. For employers and managers, training your team members fosters a culture of skill development and knowledge sharing. It also inspires your team to embrace learning and professional growth instead of stagnating and relying on outdated technology or approaches. 

Funding this growth process starts with identifying the benefits, quantifying them for decision-makers, building a proposal and then pursuing different funding sources. In this way, you lead with the “why,” which often makes it easier to work through the “how.” 

Benefits of employee-employer partnerships 

For managers, partnering with their employees to further their growth produces a mutually beneficial relationship. In fact, employers paying for certifications and participation in industry events is the number two most impactful action an organization can take to combat the cybersecurity skills gap, behind only increased compensation, according to a recent ESG report. 

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Infosec’s own data backs up the benefits of employer-paid training: 80% of students who had their certification funded by their employers reported at least one personal benefit from the training, a seven-point increase versus those who self-funded their training. 

The benefits of managers supporting their employees’ education also extend to their performance in key indicators. For example, first-attempt exam pass rates, employee confidence in their skills and employee ability to tackle meaningful work all rated higher when their training was funded by their employers. 

This is a trend we’ve seen over the past five years, dating back to when we first surveyed cybersecurity pros on t...