Valuing Your Talent, the CIPD’s latest campaign
In partnership with the UK commission for Employment and Skills (UKCES), Valuing Your Talent is the CIPDs latest campaign to ensure that businesses are properly valuing their employees.
The aim of the campaign is ensure that businesses start seeing investment in training and skills as a long term asset as opposed to an unnecessary cost. Given the high level of job applications and the economic squeeze, it became the norm to simply hire someone with all the correct training and skills, ready to go, as opposed to someone without the relevant training but could perhaps be a better employee.
It’s also become apparent that there is a financial challenge to over-come to ensure better training is given. This challenge isn’t the mere fact that some may not be able to afford it, in fact it’s to the contrary. It’s the way accounting prevents higher levels of training as it is is usually classed as an un-essential business cost, rather than investment towards an asset.
The CIPD have created a great video to explain the issues it’s trying to tackle with this campaign, and it’s well worth a watch to put things into perspective.
In order to help better these circumstances, the CIPD has vowed to work with organisations to teach them how to properly measure performance, how to appropriately and strategically invest in training and how to measure the impact on their productivity as a result. These sorts of business development and HR skill sets are becoming underused in this economy and knowing how to create your very own human capital management framework is an invaluable skills that could better any organisation.
To ensure the widespread access of this campaign, the CIPD have also set up a publically accessible ‘Valuing your talent’ web area full of online tools, reports, articles and training events and initiatives for any organisation to use.
It would be a shame not to utilise an opportunity like this, so be sure to forward this article on to your HR department, today.
To visit the CIPD’s Valuing your Talent web area, click here
To see the CIPD’s explanation behind Valuing your Talent, click here