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Why Small Firms Can’t Afford to Ignore Employee Development

Why Small Firms Can’t Afford to Ignore Employee Development

August 24, 20251 min read

Why Small Firms Can’t Afford to Ignore Employee Development

Too many small firms believe development can wait until they grow. But this mindset is costly — it often drives away the very people needed for that growth.

In 10–50 person Legal, Finance, Consulting and IT firms, the signs are easy to spot:
🚫 No structured development plans
🚫 Feedback given only when something goes wrong
🚫 Little career visibility for ambitious talent
🚫 Leadership coaching seen as optional
🚫 Conversations postponed until problems arise

And then the inevitable happens.
🎯 A top performer resigns.
🎯 A future leader burns out.
🎯 Motivation quietly fades across the team.

The truth is simple: people rarely leave because of salary alone. They leave because they don’t see a future.

Employee development isn’t a “nice-to-have.” It’s a strategic necessity. When firms invest in performance frameworks, structured feedback, and visible growth paths, they create an environment where employees can see themselves thriving long term.

In professional services, your people are your edge. Ignoring their growth means undermining your own. Developing them ensures they grow with your firm — not out of it.

Why Small Firms Can’t Afford to Ignore Employee Development
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Mary from People Services Switzerland

Mary is a senior marketing specialist supporting People Services Switzerland marketing efforts.

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