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Thursday, November 07, 2019

Upskilling is the Ultimate Work Perk | Grit Daily

Jason Field, News Columnist at Grit Daily notes, In the never-ending race to find top talent, recruiters are often faced with a hard truth: job seekers are looking for more than just the “right” job.

Photo: Grit Daily
That’s because the “right” job in today’s landscape means more than a reasonable salary and a couple of weeks of vacation. Even extra perks like free snacks, cold brew on tap, ping pong tables, and work lounges are not working to attract potential hires.

What do they want, anyway? 
So, what is it that today’s prospective employees are looking for in terms of perks and benefits? According to survey data referenced in a recent BCG report about the “Reskilling Revolution,”  upskilling and educational opportunities are higher than ever on job seekers’ minds. The study revealed that today’s job seekers value learning and training opportunities and career development options more than job security and financial compensation...

How bad is it?
The good news: introducing digital skills training and ongoing learning and skills development initiatives for your employees is relatively simple and cost-efficient. The World Economic Forum reports that it is now cheaper to reskill (or “re-train”) current employees than to hire new ones, and with ongoing innovation in automation and artificial intelligence, it is now objectively “in the financial interest of a company to take on” the reskilling of employees.

Read more...

Source: Grit Daily