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Reskilling & Upskilling
Spring 2020 session
UpSkilling
What does
it mean
ReSkilling
What exactly is UpSkilling?
UpSkilling
An impressive workplace trend that focuses on continuous learning. It takes place when companies invest in training programs that help employees develop new abilities and minimize skill gaps.
Why does
it matter?
When employees learn new skills, they feel better equipped to earn promotions, handle their current responsibilities successfully, and assist in training new hires. That’s a win for everyone involve!
UpSkilling
in the
Workplace
What exactly is ReSkilling?
ReSkilling
The process of learning or training someone on new skills that will help them do a different job with the aim of closing the skills gap.
Why does
it matter?
Promotes increased motivation, enhances the employee experience and encourages higher levels of employee loyalty.
ReSkilling
in the
Digital Age
The
Digital
Age
At the pace of how fast robotics and AI technologies are moving, executives are seeing the urgency in upskilling and reskilling their current employees. In a study that polled 300 executives at companies with more than $100 million in annual revenue, 66% believe that addressing skill gaps due to automation technologies is at least a “top-ten priority.” Companies that have invested time and money into upskilling programs have already reported a positive correlation between employee training and productivity.
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