Upskilling and reskilling employees to reduce turnover
Digitization, cloud tooling, and fluctuating customers are a steady source of change for organizations. To keep up with these external influences, businesses will reorganize, restructure, and reinvent themselves, with ramifications felt throughout the entire organization (e.g., new work methodologies, tool adoptions, branches being dissolved, mergers). While change can be positive, it does impact your personnel and their relevance to your organization. As your business changes, so do roles and skills requirements, which can leave people [...]
How to Implement Skills-Based Hiring and Compensation
Company’s today face increasing challenges when hiring and retaining employees. Job roles change quickly, with one study from LinkedIn showing skill sets for jobs have changed globally by an average of 25% since 2015. That fluctuation is attributed to the implementation of new technology, automation, and new roles — and it’s only expected to accelerate. Hiring people for specific competencies requires investing (often significantly) in re-training them to meet the requirements for your role. One [...]
Why you need to invest in more learning for your team (and e-learning solutions to choose from)
In the past few years, in-person events like conferences and seminars ground to a halt, creating skill gaps for employees. As a result, many businesses have looked to online opportunities to support learning and development for their teams. Employee development can improve employees' existing competencies and skills, and help them learn new ones that support the company's goals. It's important to note that employee development isn’t simply mandatory employee training, such as diversity awareness; instead, [...]
How to use competency frameworks for business success
Competency frameworks effectively define the skills, behaviors, and soft skills an employee needs to succeed in a specific role and the organization. These frameworks are some tools your HR can use for people-driven performance management, hiring, and team building. But, with their focus on capabilities, they’re also one of the most important. Competency is the sum of skills, knowledge, abilities, attributes, experience, personality traits, and motivators. Once your organization maps the competencies a position needs, [...]
7 Reasons employee learning should be a top business priority
Does your organization prioritize employee learning and training? Employee learning has been shown to have links to business performance. A recent study found higher rates of business performance in organizations where employee learning and performance lay at the heart of their human resource and leadership strategy when compared to organizations that did not invest in human resource development or utilize transformational leadership styles. There are various types of employee learning. The different methods of employee [...]