the future-proof workforce series: EP. 1 of 3
Recognize the Skills Gap: Retraining to Retain Talent and Culture
In this episode, we’ll discuss:
Why investing in current employees helps preserve corporate culture, increases engagement, and reduces hiring costs.
How companies are empowering teams to recognize their own shifting skill needs and engage proactively with HR leaders to access the training solutions they need.
The ways reskilling programs are strengthening multigenerational teamwork and collaboration.
2023 saw record-breaking layoffs, yet also record-low unemployment, impacting culture, institutional knowledge, and companies’ bottom lines. In 2024, a thoughtful people strategy is crucial for attracting, retaining, and growing talent. So, how are companies responding?
As work evolves, reskilling has quickly become the fastest and most cost-effective way to maintain a competitive advantage and provide more career development opportunities for talent. A skills-based approach to workforce planning also offers better visibility into the employee population and a more sustainable long-term approach to talent management. As a result, according to Aptitude Research’s 2023 2H HR trends report, 82% of companies identified skills as a priority in 2024, and 54% of companies are increasing their investment in skills this year. Is your company on board?
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Workhuman Spotlight is a first-of-its-kind talk show series for leaders and HR professionals. No filters. No script. No nonsense. Just straight-up straight-talk on the HR topics most important to you.