According to Harris Poll, 70% of workers say they are relatively inclined to quit their present employer to work for one who puts money into training and development. How can you prevent your top workers from going on the road? Support them in their efforts to develop professionally and learn new things. Create an upskilling program to keep them interested, retain them, and demonstrate that you value their professional achievement just as much as they do.
What does "upskilling" mean?
Employees may advance their careers through upskilling and broadening their skill set. This can imply developing current abilities or picking up whole new ones.
These initiatives become an upskilling program when organizations regulate and standardize them. While employee development is the main objective of upskilling programs, the learning process itself may be extremely flexible. It might contain:
Courses (online or in-person)
Demonstrations
Job shadowing
Mentoring
Seminars and presentations
Tuition reimbursement or professional development stipends
What advantages does a program to upgrade your skills have?
An upskilling program involves work to develop and implement, but it has several advantages for both businesses and people, including:
Simpler Hiring
Programs to improve one's skills are very helpful for employment. Because there is less employee turnover, businesses need to hire fewer individuals. Additionally, they develop a rich internal talent pool for job advancement and new opportunities. Learning and development are also fantastic perks to highlight in employer marketing materials.
Less Gaps in Skills
Improved Retention of Employees
5 STEPS:
To create a top-notch upskilling program
Clearly, upskilling programs have benefits. And regardless of the size of your business, you may design an efficient (and even customized) upskilling program. Here's how.
Set Objectives for your Upskilling Program.
Starting with a goal is beneficial for every startup company. First and foremost, why do you wish to start an upskilling program? Perhaps you want to raise internal promotions, enhance staff retention, and raise employee satisfaction levels. Create a useful metric to track your progress and estimate the program's performance after determining why it is being implemented.
Investigate the Program's Requirements and Needs.
Sort Out Your Upskilling Learning Initiatives
Recruit Experts
Start your Upskilling Program
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