Fiducia TogetherTraining and development
Building capability. Cheaper than recruiting it, and it is a retention lever.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
What it means
Training covers induction, technical skills, compliance, management development and professional qualifications.
Why it matters
Lack of development is one of the most cited reasons for leaving, and internal development is usually cheaper than replacing someone.
What it looks like in practice
Some training is legally required — health and safety, safeguarding in regulated sectors, food hygiene. Record it; inspectors ask for records, not intentions.\n\nApprenticeships fund training for existing staff too, at any age.
What to watch out for
Training agreements requiring repayment if someone leaves. They are enforceable only if the amount is a genuine pre-estimate of loss and tapers over time.
Where to get proper advice
Your local Growth Hub for funded programmes, and the apprenticeship service.
Where to read more
Last reviewed 2026-08-28 by Fiducia Together · Next review due 2027-08-28
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.