Mumbai: Learning & Training is an essential element of employee performance and retaining strategy. Rosetta Stone Inc., a world leader in technology-based learning solutions, has released the findings of its 2016 Business Impact Survey focusing on the importance of language training for millennial employees.
Language training for millenials has not boosted millenials’ career prospects but also brought noticeable improvements in their confidence. The results find that more than half of millennial respondents say language training has improved their career prospects and positively drives employer perception. Further, 80 percent of millennials saw significant improvement in confidence due to language training.
Rosetta Stone surveyed more than 5,400 corporate users of its language learning product, representing more than 900 companies across the globe. The study includes responses from Rosetta Stone clients in North America, Central America, South America, the Caribbean, Europe, the Middle East, Africa, Asia, Australia and New Zealand. American English (26 percent) was the most common language learned followed by Spanish (16 percent), British English (15 percent) and French (11 percent).
“These results clearly indicate the importance of providing millennial employees with the tools they need to thrive as future global leaders,” said Judy Verses, president of global enterprise and education at Rosetta Stone. “By 2025, millennials will comprise 75 percent of the workforce. Their ability to grow and develop into global leaders capable of voicing their opinions in a variety of languages will make them more effective managers and far-thinking innovators.”
Job-sponsored language training brings desirable changes in the mindsets of millenials which strengths performance management system of employers. Controlling attrition, career advancement, and nurturing global mindset are the three areas in which language training has positive impact.
Controlling Attrition: 59 percent millennial employees say language training motivates them to stay with their employer as their company is investing in them by providing lifelong language skills.
Career Advancement: 64 percent of millennials say they have improved career prospects following the on-job language training (vs. a global average of 57 percent).
Nurturing Global Mindset: 69 percent, or nearly 7 in 10 millennials, report an expanded world view attributed to their language training. Since millennials have a strong appetite for connecting with others around the globe (50 percent seek international assignments during their career), developing language skills helps them set their global career goals.
“Business leaders and Talent managers may not understand the values the language training can provide to their employees and they are missing valuable opportunity for their businesses,” said Verses. “Employers must nurture career dreams of young workforce to retain top talent.”
About Rosetta Stone: Rosetta Stone Inc. is dedicated to changing people’s lives through the power of language and literacy education. Founded in 1992, Rosetta Stone pioneered the use of interactive software to accelerate language learning and is widely recognized today as the industry leader in providing effective language programs. Rosetta Stone is based in Arlington, VA, and has offices and operations around the world.