This article comprises some of the trends in upskilling today.
Learning and skill development came to a sudden halt after the Covid-19 pandemic and pushed businesses across sectors into survival mode. This crisis has deepened the importance of upskilling. The job market in India is changing due to the discovery of new-age tech across sectors.
1. THE YOUNGER GENERATION IS KEENER TO UPSKILL THEMSELVES
The younger generation is keen to train themselves in the skills required. 34% of the country\’s population is composed of millennials. According to the World Economic Forum (WEF), 50% of employees around the world need to upskill or reskill by 2025.
This will help them embrace new responsibilities driven by new technologies. The workforce doesn\’t upskill themselves and thus, the younger workforce is demanding upskilling opportunities. Millennials have clear goals. Most of them have their ideas paved and are seeking tools to enhance their potential.
2. EMPLOYERS GIVING UNRESTRICTED ACCESS TO EMPLOYEES FOR UPSKILLING
A company may lose their top talent if it fails to provide upskilling opportunities to its employees. The modern employer is now racing to ensure that workers have upskilling opportunities. Upskilling is not restricted to on-the-job training.
Companies are reaching out to professional skill development to ensure that they have the best talent. These firms are providing education and training to employees which helps them understand the key details of their fields.
3. REMOTE AND ON-DEMAND UPSKILLING
The demand for remote learning has increased. Employers are upskilling their workforce by creating an environment of continuous learning and growth. E-learning is offering newer opportunities to enhance the learning experience by harnessing the benefits of artificial intelligence (AI).
4. THE PANDEMIC HAS HIGHLIGHTED THE VALUE OF SOCIAL LEARNING
Social learning is an affordable solution for companies that have modest budgets. Social learning brings individuals from different places who would be able to share learning and development. This will help them grow together. This is done in the form of social forums and online discussions. This trend also offers a sense of togetherness and unity among employees.
5. PEOPLE ANALYTICS TO PROVIDE REAL-TIME MONITORING
It is difficult to monitor the impact of upskilling employees. This can affect the scope of improving training materials or methods. Thus, e-learning companies are using people analytics software to provide real-time monitoring. This will help us know the success level of remote learning and development. This will help improve critical talent and business outcomes.
There has never been a greater need to upskill employees. Both employees and employers must adapt themselves to changing scenarios. Relevant upskilling can deliver great value and help retain rich talent and create a work culture that is growth-oriented and positive.
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