The benefits of workplace coaching are numerous. In a recent study, Boak and Crabbe (European Journal of Training and Development, 2019), found that corporate coaching has individual and organisational benefits, including improved skills in communication and problem-solving, and a better understanding of a range of problems affecting the organisation.
Forbes reports that over 70% of individuals who receive coaching benefited from improved work performance, relationships, and more effective communication skills.
While there are many benefits, here are ThinkTalent’s top 3:
Improves job satisfaction and ROI
Workplace coaching contributes to a more engaged workforce and strengthens relationships across an organization. The coaching experience at work not only improves motivation and job satisfaction but also leads to improved retention rates.
It helps identifies skills that can be developed and enables an employer to develop the talent already within an organisation – increasing overall productivity and reducing costs.
Reduces anxiety and stress
Another benefit of having a corporate coach for an employee is having someone there to ask questions in a safe space. When an employee has a problem at work, they might think twice about approaching their manager or teammate, especially if the problem is their teammate or manager.
The coach can help sound out options on how to deal with workplace matters and give the employee new skills to deal with the situation. This reduces tension and anxiety in the workplace, creating a much happier work environment for everyone.
A coach will also support individuals to look at things from different perspectives and find their own ways of tackling various situations – improving their problem-solving skills and understanding of how to address various situations, whilst solving issues.
Employees feel valued
When an employer devotes work time to an employee’s wellbeing, it can only bring about a sense of feeling valued within a company.
Not only does it increase the employee’s sense of self-worth, through the knowledge that they are worth investing in, it also makes the employee feel positive about their company’s culture, and in turn will promote the employer’s brand as a caring, considerate organisation.
There are many benefits to workplace coaching. ThinkTalent offers a one-to-one corporate coaching service, as well as team motivation programmes, and leadership coaching. Feel free to contact us to discuss the best options and possible funding for your company.