Now is the time to invest in your people’s skills
Employment Minister, Sir Reg Empey, has urged businesses that now is the time to invest in the skills of their employees.
The Minister was speaking to 41 businesses, schools and voluntary organisations with the prestigious Investors in People (IiP) accreditation. IiP has long been acknowledged as the most successful framework for business improvement through people. It helps organisations of every size, sector and location to compete and succeed through improved people performance.
At the Hillsborough Castle celebration event, Sir Reg said: “Now is the time to invest in people. Experience has shown that companies that invest in the development of their people during times of economic downturn are in the strongest position to gain competitive advantage in recovery. It is those companies that have that all important edge. In fact, research shows that companies that invest in the skills of their staff are two and half times more likely to survive.”
“In a rapidly changing economy it is often easy to forget that businesses realise their ambitions through their people. The importance of local businesses investing in their people is now more relevant than ever, given the downturn we now find ourselves in. The uptake of IiP by businesses in Northern Ireland is extremely encouraging for the local economy, and should serve as an example of the bottom-line business benefits of IiP to all other employers.”
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