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How can organisations unlock the value of upskilling?, ETHRWorld
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Highlights
- Investing in continuous learning equips people to tackle new challenges, seize emerging opportunities, and remain relevant in a rapidly changing world.
- A report by the NSDC found that upskilling can lead to a 15 percent increase in wages. The report further said that upskilling can help to reduce the risk of unemployment by 30 percent.
- According to the World Economic Forum, for those workers set to remain in their roles, the share of core skills that will change in the next five years is 40 percent, and half of all employees will need reskilling.
The ROI of upskilling has emerged as a paramount consideration in the dynamic landscape of today’s workforce.
As industries are experiencing constant disruption, and technological advancements are reshaping the job market, organisations are also embracing upskilling as an indispensable tool for ensuring the growth of their employees.
From an employee point of view too, upskilling means broadening skill sets, increasing adaptability and enhancing…
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