5 latest trends in employee upskilling and reskilling – India Today

To understand how businesses are hiring employees and with what expectations, let us have a look at some of the trends in upskilling today.

5 latest trends in employee upskilling and reskilling

5 latest trends in employee upskilling and reskilling

By India Today Web Desk : Learning and skill development in the workplace came to a sudden halt after the Covid-19 pandemic struck the world inside 2020. The unprecedented crisis pushed businesses across sectors into survival mode. Enterprises had to restructure themselves so that workers could benefit from whatever revenue or profit was generated at the time.

This quagmire of crisis has only deepened in the particular post-pandemic world, and with it, the importance of upskilling, which is beneficial for both employees plus employers.

As the job market in India is changing with the advent of new-age tech across sectors, 40 percent associated with Indian employees will need reskilling and 60 percent will need upskilling, according to one report.

Take a look at some of the trends in upskilling nowadays:

1. FOCUS ON MILLENNIALS: THE YOUNGER GENERATION IS KEENER TO UPSKILL THEMSELVES

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Technology is advancing at lightning speed plus rapid digital transformation since the pandemic has created a need for more tech-savvy workers. There are high anticipation, especially from the younger generation to train themselves in the skills required in the particular post-pandemic globe. India has a high percentage of millennials, who comprise over 34% of the country’s population.

According in order to the World Economic Forum (WEF), 50 percent of employees around the world need to upskill or reskill by 2025 to embrace new responsibilities driven by automation and brand new technologies.

Their findings also suggest that the workforce doesn’t upskill themselves; this could take decades for them to be prepared for the future of work. Thus, the more youthful workforce is demanding upskilling opportunities through their employers. Millennials are usually entering the particular workforce along with clear goals today. Most of them have a mapped path to success and are seeking tools to enhance their potential for career growth.

2 . EMPLOYERS GIVING UNRESTRICTED ACCESS TO EMPLOYEES TO UPSKILL THEMSELVES

A company may run the risk associated with losing top talent if it fails to provide upskilling opportunities or even resources in order to its workers. The modern employer is aware of this trend and is now racing to ensure that will workers have ample upskilling opportunities.

The particular trend is more visible inside sectors like BFSI and IT, where employers are focusing on enabling employees to acquire new skills and progress faster up the profession ladder.

Today, upskilling is not restricted in order to on-the-job training alone. Companies are reaching out to professional ability development and education firms to ensure that they have the best talent on board. These firms are usually providing the necessary education plus training to employees, helping them understand the nuances of their respective fields and making them future-ready.

3. REMOTE AND ON-DEMAND LEARNING/UPSKILLING

With individuals working away from the office, the demand for remote learning offers increased manifold. Employers are honing the skills of their own workforce simply by creating an environment associated with continuous growth and learning. On-demand e-learning is furthermore providing newer opportunities to enhance the studying experience and outcomes by harnessing the benefits of gamification plus artificial intelligence (AI).

4. THE PANDEMIC HAS HIGHLIGHTED THE VALUE OF SOCIAL LEARNING

Social learning offers evolved as a smart and affordable solution for companies that possess modest budgets but want to provide upskilling for you to their workers.

Social understanding brings people from different locations to share learning plus development and grow together. This could be in the form of social forums, online discussions, and more. This pattern has been able to bring a sense of togetherness and unity among employees and make sure that every individual knows they are valued and remains engaged.

5. PEOPLE ANALYTICS TO PROVIDE REAL-TIME MONITORING OF UPSKILLING BENEFITS

It provides always been difficult to monitor the impact of upskilling and reskilling employees. The lack of metrics in this regard can affect the scope of adapting or improving training materials or methods. To tackle this problem, e-learning companies are using people analytics software in order to provide real-time monitoring of how successful remote control learning plus development continues to be from the perspective of an organization, team, or even an person.
People analytics will be the application of talent data to improve critical talent and business outcomes. It enables HR leaders to develop data-driven insights to inform talent decisions, improve labor force processes and promote a positive employee experience.

CONCLUSION

There has never been a greater have to upskill employees, with the outbreak changing the way we communicate, work, plus grow within remote settings. Both workers and companies need in order to adapt themselves to altering scenarios marked by technological disruption and digital transformation. Relevant upskilling can deliver great value, both to individuals plus to businesses. It can help retain rich skill and create a work culture that is positive and development oriented.

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By Shreyasi Singh, Co-Founder & CEO, Harappa.