6 Reasons Why It's Important to REskill and Upskill in Human Resources
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As a result, more and more people are being forced to look for new employment opportunities outside of their current field. Therefore, it’s crucial that businesses take action now if they want to retain talent in the future. By investing in an employee’s reskilling and reskilling program now, your company can help reduce the risk of them having to replace valuable staff in the near future.
Here are 7 reasons why it’s important for HR departments to implement these programs in conjunction with other departments:
Employees Want to Learn New Things
The desire to learn new skills and gain new competencies is a key driver behind many reskilling programs. In fact, A survey conducted by Career Builder found that 93% of employees would like to learn new skills so they can advance their careers. This is one reason why the importance of reskilling cannot be overstated. In order for employees to thrive in a changing environment, they need to get exposure to new things.
And this can be accomplished through reskilling courses and programs. Employees also want to feel challenged and excited when they learn new things. If this doesn’t happen, then the learning won’t stick and will be forgotten quickly. Fortunately, there are many ways that you can help people have a successful learning experience.
HR has the Rare Opportunity to Invest in Upcoming Talent
The fact that 70% of current employees say they’re in their current job because they don’t want to experience the “pain” of unemployment should be music to the ears of HR departments. This means that there is a significant opportunity to upskill and invest in the potential of new talent.
And with the rate of change in the job market being so rapid, it’s important that organizations don’t delay. In Fact, Hiring new talent will become increasingly challenging in the future as the labour market becomes more specialized. As a result, employers will need to focus more on hiring employees who are better suited for specific jobs.
This means that HR departments need to start investing in their organization’s future talent now.
Improving Skills Helps Recruit and Hire New talent
A reskilling program doesn’t just have to be about helping employees learn new skills. Most programs also have components that help employees improve their soft skills and build their resumes.
And this has a significant knock-on effect for the hiring process. When job seekers complete skills improvement programs, they usually learn specific techniques for improving their communication and interpersonal skills. When these are applied to real-life situations, the learner often feels more confident and comfortable.
Consequently, they are able to communicate more effectively and positively with others. When job seekers also go through resume-building courses, they often learn specific techniques they can use to build a stronger profile on paper.
This not only has the potential to increase your job seeker’s chances of getting an interview, but it also has the potential to land them the job.
This helps remove the barrier of entry for non-technical staff members by allowing them to create customized dashboards and reports that incorporate AI and data visualization. This can help to reduce the amount of time needed to understand key metrics as well as eliminate the need for technical skills.
Investing in Up-Skilling Helps Increase Employee Engagement and Morale
Employees want to feel as if their employer cares about them as people and not just as employees. When employers focus on building a culture of reskilling and reskilling programs, employees feel more connected to the organization and experience more engagement.
This can often be seen through the results of employee engagement surveys. These surveys are designed to measure how employees feel about their jobs and employers. When it comes to employee engagement, nothing beats a reskilling program that focuses on improving soft skills and building a stronger resume.
These programs have been shown to have a significant impact on both engagement and morale.
Ensuring an Active Workforce is a Key Part of Maintaining Business Continuity
Another major benefit of investing in reskilling is that it plays a key role in maintaining business continuity. Maintaining business continuity is an essential part of keeping your organization running. This includes things like hiring new talent, ensuring your IT systems are running smoothly, and responding to emergency situations.
When it comes to maintaining business continuity, the most important thing is to have a dependable and healthy workforce. Investing in your employees’ reskilling can help reduce the risk of your workforce retiring or leaving the organization.
With a greater number of employees who are able to work longer and contribute more to the organization, you have a stronger chance of avoiding this situation.
Maintaining Competence is Vital for Maintaining High Levels
One of the most important things to remember when it comes to reskilling programs is that you need to maintain the skills of your employees. This means that you need to keep them in the game and maintain their skills as they advance in their careers.
One of the ways that you can do this is by implementing a mentoring program. A mentoring program can help managers provide more individualized coaching for their employees. This can be done through one-on-one mentoring sessions.
The global labour market is facing a major skills shortage. Today, more than ever before, there are opportunities for job seekers and employers alike. There are also more people than ever before who want to work.
This presents sizable challenges for employers who want to fill open jobs. In order to address these challenges, it’s important that businesses take action now if they want to retain talent in the future. Investing in an employee’s reskilling and upskilling now, your company can help reduce the risk of them having to replace valuable staff in the near future.