Business language training for employees can help strengthen your company’s international presence. But how exactly does it do this? Why is it worth your investment from a business perspective? What is the potential return on that investment?
This guide covers all of these questions and more, making it easy for you to determine if language training for employees is right for your business.
The Importance of Language Training For Employees
Employees rely on clear communication, so it’s important to ensure that your employees know enough about the languages they are required to speak to do their jobs. Even if your company doesn’t need language skills in every division, there are many reasons why language training for employees should be an investment you make today.
Learning another language allows employees the opportunity to improve their communication skills and helps them develop in their professional lives, with language training adding up to between 10%-15% to a worker’s salary. It can be extremely beneficial for employees to learn a second or third language in the business environment, even if they are not directly responsible for interacting with foreign-speaking customers or vendors.
Business Language Training also allows employees to feel valued by their respective companies, increasing employee retention and job satisfaction across the board. If employees feel like their organisation is willing to invest in them and their development, they will be much more likely to stay with the company long-term.
The Cost of Poor Communication in Business
Poor communication can be costly for companies in many ways, including:
- Lost business due to problems understanding your customers or their feedback.
- Additional staff members needed to act as translators.
- Increased stress levels among employees who are expected to communicate with people outside the company, but do not have the necessary skills.
Without the necessary language skills to communicate with international partners or clients, you are losing out on new opportunities for business, and thus profit. By implementing an effective language training program, you can bring in this new business while simultaneously saving money on costs such as translation fees.
With poor international communication skills, you are also likely to face problems in your interactions with other countries, which can lead to delayed projects and unnecessary stress. Not only will your employees benefit from improved language skills, but by investing in training you will also be giving your business a competitive edge abroad.
Business Benefits of Investing in Language Training For Employees
To avoid these common communication problems and their potential risks to your company, professional language training can be a great proactive solution – not just for employees, but for your business too. Some of the key business benefits of investing in expert employee language training include:
- Higher quality of work and therefore boosted results due to improved communication.
- More efficient front-line customer service representatives, leading to better business reviews and higher sales.
- Fewer costs are associated with translation services or language barriers in general, allowing you to invest more money into your business.
- Increased employee productivity and job satisfaction as a result of increased opportunities for advancement.
- Improved competitiveness among other businesses that are not yet investing in language training.
With all of these benefits to offer your business, it’s easy to see why language training for employees is a worthwhile investment. With the right communication skills, your employees will be able to help your company grow and develop in ways you never thought possible.
Related Reading: How Can Corporate English Language Training Benefit Your Business?
Language Training For Employees: Return on Investment
The return on investment (ROI) is the total profit made by an individual business, product, service, or project. When it comes to language training for employees, you’re looking at how much money is made as a result of investing in that training.
This usually includes the short-term benefits associated with improved communication skills and boosted employee productivity, as well as long-term benefits such as increased business in foreign markets.
In order to calculate the return on investment, you need to think about how much money is being saved by not needing translation services or other language barriers that may have been present before the training began. You should also consider how much money your company stands to gain from new agreements with international business partners, as well as any potential overseas sales.
The potential return on investment for language training is huge. Investing in language training allows you to benefit from improved communication skills and increased business opportunities, as well as the benefits outlined above. If your company doesn’t currently provide overseas language training for employees, it’s time to start thinking about additional options available to you and develop a plan that will work within your budget and help grow your business.
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Key Language Training Cost Considerations
Business investments require careful consideration of costs versus benefits, to ensure that you are getting the most for your money. Whether business language training is right for your business will depend on many factors, but if you are looking to break into an international market and reap the potential benefits of this, you can’t go wrong with offering your staff professional training.
When deciding whether or not you should fund language training for your employees, here are some key points to remember:
- Language training for employees can be expensive, but it is more cost-effective than hiring new staff or outsourcing.
- Investment in language training will also save you money in the long term through increased productivity, higher employee morale and retention of valued staff members.
- Although learning a new language may seem like a daunting task, it can be immensely rewarding for employees – which means that staff members will often be very motivated to take on the challenge.
Looking For Accredited Business Language Training?
At SIMON & SIMON, we have years of experience in providing quality language training for businesses that wish to improve their international communication skills. We offer professional Blended Language Training in a variety of languages and formats, meaning you can tailor our services to meet your exact business needs.
Through our highly experienced trainers and carefully selected course materials, you can be sure that your employees will be learning the language skills they need to boost their productivity and advance in their careers while bringing you a strong return on your investment.
Get in Touch Today To Find Out More!