Why Your Company Needs EQ Training

Why Your Company Needs EQ Training

eq-in-business

Are you one of the many companies considering EQ training for your staff but you’re not sure it’s worth the investment? Have you heard about the successes other companies have enjoyed eq-in-businesswith EQ coaching and wondered how it could benefit your own business?

Quite simply, an employee who feels understood and appreciated in the workplace is more productive. Never underestimate the power of morale; the happier an employee is, the more connected the employee will feel towards the mission at hand and subsequently, he will work harder. Your people are just as important an investment as new computers and updated cubicles – they create your bottom line.

THAT’s why your company needs EQ Training

And that is why EQ training should top your priority list! By improving your staff’s overall EQ, the benefits will be seen through every aspect of your business and in particular the financial facet. A good leader knows how to assign tasks, but a great leader understands how to encourage employees to embrace the tasks.

A good leader inspires with a can-do attitude and imparts upon staffers a belief in their abilities too. Skill and intelligence are only part of the equation – you have to motivate your employees or else they will eke out the minimum amount of work required to keep their jobs. All of this adds up to your business’s ultimate success: EQ bolsters your staff’s critical thinking skills, how they interact with clients and each other, and drives them to succeed – which boosts your ultimate profit.

According to a recent study by TalentSmart, a high EQ is the number predictor of performance in the workplace, encompassing a whopping 58% of success in every type of job! The same study, featured in Forbes magazine, found that 90% of the top performers were high in EQ, while only 20% of the bottom performers could say the same.

The TalentSmart study additionally showed:

  • Sales staff who developed emotional intelligence was 25% more productive than their low EQ counterparts, and EQ was more important to executive job performance than character, strategic thinking, and focus on results.
  • Senior partners high in EQ were responsible for $1.2 million more profit each in their clients than low EQ partners. High EQ partners showed a 139% gain in profit.
  • Turnover for one agency reduced from 35% annually to 5% annually by selecting candidates high in emotional intelligence, resulting in savings of $3 million per year on a relatively low-cost investment. What does this mean for your business? High EQ produces top performers who in turn bring in more profit.

What does this mean for you? Strong performers, on average, make higher salaries; understanding your emotional intelligence can bring career and financial stability. As with any skill, tapping into your EQ doesn’t always come naturally. Nearly everyone has the ability; some just require proper training to understand how to develop their EQ. The right coach can bridge that gap for your employees – and you! Bringing in a coach to train your team can improve profitability enough that it should be at the top of your priority list.

Comments are closed.