It is important to train ones employees and at the same time recognize their achievements. But as we are all progressively dependent on IT we have to keep in mind that just investing in technology will not solve the lacking qualified specialists.
Of course some companies will argue that investment in existing labour will lead to their bid for higher pay (not agreeing to their bid leads to them changing to a different employer).
They fear to lose an employee and invested capital. But not sending one’s best assets to expensive training can lead to them spending the money themselves and then moving on to a better paid job at a more open minded employee.
As a manager you must therefore try not to spend the money in the wrong place but at the same time recognize ones employees by sending them to IT courses.
This development has led to employees investing more of their free time and private savings for training to get a better job and pay.
Many researches in the US and Europe have proved this.
One of the main reasons named for leaving a job is missing recognition by superiors.
But on second thought they’ll name money as a reason for leaving. All in all, employees want a combination of these two facts to feel content in their present job.
Learning by doing can be seen as a voluntary service on an employee for his/her employer. Do not lose sight of this!