What can employers do to combat this skills gap and retain their current workforce? Our technology-driven world makes it crucial for companies to be able to upskill or train and develop their employees so that they have the skills they need to succeed. Employee upskilling is important for employers.
A recent study by PwC and the World Economic Forum suggests that effective upskilling initiatives could create 5.3 million new jobs by 2030.
Are employers doing enough to keep their workforce current given these new developments?
What is employee upskilling?
In today’s world, employee upskilling refers to obtaining new and relevant competencies that will prepare us for the future. It is possible to upskill in many ways. However, the most desired skills and competencies are likely to be those related to all things digital. This is because more and more employers are focusing on developing their digital capabilities. Often, upskilling begins with the employee.
Benefits of Upskilling Employees
Employee upskilling can improve retention
People want to work for a company that invests in their career development. Employees’ skillsets are kept up to date through upskilling, and employers show their employees that they care about their careers.
Training and development opportunities can help employees be happier in their roles. And this will have a more positive outlook on their future with the company. As you re-train your workforce, you show them the possibility of career advancement and make them excited about what could be next. Feeling like their efforts are creating a better life for themselves gives them a deeper sense of purpose.
Increases customer satisfaction
Employee happiness leads to satisfied customers. It makes sense that workers will do better work if they are happier with their employers and believe in what they are working on. Up-skilling your workforce keeps them up-to-date on industry trends, enabling them to offer clients and prospects the best recommendations. Having a proactive, knowledgeable team is worth more to clients. In addition, when clients are satisfied with the work you do, they become stronger brand advocates for you.
Attracts new talent
A study reveals that 83% of HR professionals are having difficulty hiring and 75% of those HR professionals report that there aren’t enough qualified candidates for available positions. A successful business will likely need new hires to add to an experienced, upskilled workforce. Employees who feel at home within a company and clients who are satisfied with their work become stronger brand advocates. This means they are more likely to refer you to their friends, former colleagues, and relatives, and tell them about your company.
To know more about how can you make better remote training please visit our blog.
The Do’s and Don’ts in Employee Upskilling
Let’s discuss the deal makers and breakers to consider when designing training for workforce upskilling.
Things you should do-
Invest in personalized development plans
Employees come from a variety of backgrounds and have a variety of skills. For an employee to remain effective in his or her job, various levels of expertise in new skills may also be necessary. This is why it is important to design upskill training that focuses on the individual rather than treating employees as part of a group.
Following that, employees need to develop a personal development plan with clear goals for training. Using these plans, employees can guide their progress and receive feedback from their managers.
Provide mentorship for upskilling
Why is mentorship becoming so popular? Mentoring allows learners to keep improving their skills long after the initial training, making the most of their desires for social learning.
The mentoring program is also a valuable way to keep mentees updated on technological developments that might affect their careers. Mentors could even receive specific mentoring training, which would strengthen the mentoring program.
Include real-life case studies and simulations
Training for busy employees needs to be direct and to the point. Use relatable cases and realistic simulations to make your training more engaging. Create case studies and simulations that can be used in social learning activities, such as webinars and team workshops.
Things you shouldn’t do-
There are some drawbacks that should avoid at all costs when planning your employee upskilling courses. Let’s learn about them.
Offer training as a once-off event
The average shelf life of a skill is five years and it makes no sense to only train once, or even once in a while. All employees should undergo ongoing training to improve their skills and stay current. In order to truly master the evolving demands of their jobs, employees need to continue developing new skills. Competencies should be recorded in an employee’s profile.
Go old-fashioned in your training delivery
The training needs to be engaging, convenient, and relevant for employees to maintain their skills throughout their careers. Mobile learning capabilities make engaging with training easier and more accessible.
Prioritize employee upskilling in an evolving skills landscape
It is essential to invest in employee training to keep pace with changing business needs, processes, and job descriptions. Follow these easy tips to help you achieve your goal of upskilling employees.
Upskilling and reskilling are increasingly important today as automation is on the rise across almost every industry. The current trends on upskilling and reskilling support this claim. KloudLearn is a NextGeneration LMS platform providing users with autonomous learning capabilities. Our features like Gamification, social learning, analytics, and reporting help you deliver engaging enterprise training and accomplish your training goals. Schedule a demo with us to learn more about us.