When an employee request for a paid study leave, your
immediate reaction is to say no. You don’t want to keep paying someone who
doesn’t contribute to the company. Study leave but also take a few years in it
would be a wasted opportunity. Before you close your doors, you have to
understand that there are benefits in allowing employees to go on a study
It will eventually benefit the company
You don’t see the benefit for now, but it could happen
in the long run. Employees who go on a study leave learn new concepts that
could be applied to the business. They also meet with other industry leaders.
They can help provide connections to the business. You can be patient until the
employee graduates so that your business can also reap the benefits. It might
seem like going on a study leave is only for personal development, but the
truth is that the business can benefit a lot from it.
It shows support for the growth of employees
Employees feel good when their employers support
their growth. It shows that they are being treated well. They will most
likely stay in the company if they know that the employer looks after their
development. Conversely, if you say no, it shows that the business is only
after getting profits. It doesn’t care if employees improve along the way. It’s
not a good image, and it also doesn’t help retain the best employees.
It’s a chance to ask for an exchange deal
If you worry that your employee will resign after
graduating, you can sign a document that indicates the exchange deal. You don’t
have to push for a strict contract, but you can at least indicate that the
employee can’t resign for a while after graduation.
It entices more quality employees to apply
If you have a hard
time hiring employees, it helps if you show support for those who want to
develop themselves. If the word starts to spread, other potential employees
might decide to apply for the job. Apart from a decent salary and a good
working environment, most employees are also searching for the opportunity to
develop themselves. Therefore, it’s easier for them to apply to a company that
shows support. If you want to get only the best in the industry, this is the
right thing to do.
You have to weigh the consequences of your decision to
decline your employee’s request. You might run the risk of losing someone who
can help build your business. It’s not easy hiring people to do the job. You
might also have standards
to consider. If you have to go through the process again because you didn’t
support one employee who wanted to improve, adverse effects on your business.
It also discourages everyone from trying to develop. It might also happen in
other instances, and you should try to avoid it if possible. The lack of
support can kill creativity and hard work.
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