UK SMEs aren’t getting the input they need to further their career, claims SME HR software provider breatheHR.
In a survey of over 1,500 SME workers and business owners, three-quarters (75%) of respondents said they consider personal development to be valuable. However, almost a third (30%) said they never have meetings about their personal development outside their annual appraisals. Only one in five (19%) gets feedback every couple of months and just 9% get monthly input.
Jonathan Richards, CEO of breatheHR, said: “Businesses that dismiss personal development as ‘the fluffy stuff’ are gravely underestimating the impact it has on motivation and morale. Your people are your competitive advantage; the very soul of your company. They want to know that you understand their ambitions and support them. Personal development is key to that.”