The Benefits Of Prioritizing Upskilling In 2021

If your organization is looking into upskilling from a career outplacement services in the Philippines this year, take a look at their benefits:

Promotes a growth mindset

Training and coaching sessions foster a learning culture in the workplace. In fact, 91% of companies and 81% of employees say that upskilling or reskilling training have boosted their productivity at work.

This also supports the concept of having a “growth mindset“. According to psychologist Carol Dweck, people’s capacity to learn and embrace change is more important than their academic credentials and previous experience. In the long run, employees dedicated to learning are more likely to thrive during a crisis, intensive training, or outplacement.

Improves morale and well-being

68% of employees say training and development is the company’s most important policy. Companies who constantly nurture their employees’ skills are likely to enjoy better work output and lower turnover eventually.

Upskilling employees can also improve their self-confidence and overall mental health. During COVID-19, concern for one’s well-being increased by 17% across all demographics. With adequate assessments, upskilling, and transitioning, employers can find untapped potential and give everyone some needed reassurance.

Lets people keep their jobs

In 2019, Guardian invested in a rigorous course to train actuaries to be data analysts. For a year, the participants spent 10 hours a week at work and 10 hours a week studying at home. Results were greatly appreciated when the pandemic struck. This is because an increasing roster of their employees were found to be well-equipped to new, more sustainable jobs during the crisis.

In reality, many businesses still view upskilling as a risk. This is due to the fear that employees could eventually take this learning somewhere else. But, what happens if they choose to stay? In a dynamic business environment, retaining increasingly competent workers is vital in future-proofing your company.

Partner with us to unlock the potential of your workforce. Contact us here or call 0908-814-2423 today!

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The Benefits Of Prioritizing Upskilling In 2021
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