Productivity

As New Zealand faces a period of economic downturn, which may reduce business' ability to invest in skill development.  If we allow this to happen it will undermine our longer term economic prospects.

New Zealand faces major skills and productivity challenges including pay and productivity gaps against our major trading partners - including Australia.  The majority of the workforce of the next 25 years is already in work.  We must focus on developing and retaining the skills and making best use of these capabilities for the benefit of the New Zealand economy.

For an individual workplace, there are more immediate reasons to develop skill levels through training.   Research from New Zealand and around the world shows that investing in quality training results in improved productivity in the workplace.  That can be through improved safety, better staff morale, reduced turnover, and staff coming up with ideas to make the operations function more effectively.

Over the coming months, we will post examples of how training leads to improved productivity.