the importance of upskilling - EAS

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  1. Overall, upskilling is important because:

    • job roles and their requirements are changing faster than ever;
    • employees expect more opportunities for growth within their companies;
    • it helps an organization stay more competitive by closing skill gaps;
    • it decreases the need to recruit outside the company to fill skill gaps;
    • it increases employee satisfaction, boosting motivation, performance and morale; and
    • it increases employee retention.
    www.techtarget.com/whatis/definition/upskilling
    www.techtarget.com/whatis/definition/upskilling
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    Why is upskilling important for learning?
    Learning new skills is often necessary to remain competitive. Upskilling is an effective way to ensure organizations maintain and increase their competitive market standing. Upskilling refers to providing current employees with additional skills.
    www.techtarget.com/whatis/definition/upskilling
    What is the difference between upskilling and reskilling?
    Upskilling is different from reskilling in that it involves improving existing employees’ skills and abilities so they can advance in their current roles and careers within the organization. It also helps to minimize any skills gaps in the workplace. Reskilling, on the other hand, involves training staff for different jobs.
    www.forbes.com/sites/forbescoachescouncil/2022/05/23…
    What is an example of upskilling?
    An example of upskilling could be a software development company training its developers in a new language that will be used to develop new products. An example of reskilling could be a construction worker who goes back to school to become a software developer. Upskilling employees vs. firing?
    www.techtarget.com/whatis/definition/upskilling
    How do you encourage employees to upskilling?
    Financial incentives -- such as increased training and development budgets, educational rebates and employee grants to attend training and conferences -- increase the likelihood that employees will take advantage of upskilling opportunities. Job-specific upskilling and credential programs.
    www.techtarget.com/whatis/definition/upskilling
  3. https://www.techtarget.com/whatis/definition/upskilling

    Overall, upskilling is important because: job roles and their requirements are changing faster than ever; employees expect more opportunities for growth within their companies; it

  4. https://www.forbes.com/sites/markcohen1/2019/09/03/...

    Sep 03, 2019 · Upskilling has become a corporate priority essential to hiring, developing, and retaining the best talent to continue to constantly improve on behalf of customers.

    • Estimated Reading Time: 9 mins
    • The Importance of Upskilling Your Employees | Robert Half

      https://www.roberthalf.com/blog/management-tips/...

      Jul 10, 2018 · Creating upskilling opportunities at your company isn’t just smart, it’s critical to the health and growth of your organization. Forward-thinking …

      • Estimated Reading Time: 5 mins
        Why do companies need to upskill?
        See this and other topics on this result
      • https://medium.com/writers-blokke/the-importance...

        Nov 18, 2020 · Upskilling is one of the best things you can do, not only as an employee, but as a person. And upskilling in your field is great, but upskilling by learning subjects outside …

      • https://www.linkedin.com/pulse/10-importance-upskilling-franziska-spoddig
        • How can we support upskilling within the organization?
          • Learning & Development Programs can cater to the needs of the individuals' skills gaps with …
          • Job rotation can be a great way for employees to learn various skills. Often done on a lateral …
          • Job enlargement adds additional outcomes to be reached to the current job.
      • https://www.linkedin.com/pulse/why-upskilling-important-shelley-fishel-flpi-cdol-colf-

        Nov 30, 2021 · 4 reasons why upskilling will benefit you. Upskilling is important in any industry, but it’s particularly important for VAs, PAs and EAs for these four reasons: 1) Future-proofing …

      • https://perscholas.org/news/the-importance-of-upskilling-and-reskilling

        Dec 23, 2021 · Why is it important to upskill and reskill in the tech industry? Because the industry is ever-evolving and simply put; the more you know, the more you grow. From a business …

      • https://www.forbes.com/sites/forbescoachescouncil/...

        May 23, 2022 · Upskilling improves morale and increases productivity; saves on recruitment costs (a Gallup report estimated the cost to replace an employee could be twice their annual …

      • Why is Upskilling and Reskilling Important? | HR LineUp

        https://www.hrlineup.com/why-is-upskilling-and-reskilling-important

        May 04, 2022 · Importance of Upskilling and Reskilling. Whether you are upskilling or reskilling, it is essential that you invest in your workforce career to fully take your business to …

      • https://www.forbes.com/sites/forbestechcouncil/...

        Dec 21, 2020 · In the long run, upskilling and reskilling programs can improve employee engagement and retention, attract new talent, increase collaboration between departments and …

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