Upskilling and Reskilling

Nothing is certain! The labor market and economic models evolve at such a pace that the potential for failure is very high. The rapid development of technology has created big questions about the future of many professions.

In a situation like this, businesses and companies have realized that to have sustainability and not fail, the future belongs to reskilling and upskilling. With many professions transforming, other and new skills will be needed to succeed!

the difference between reskilling and upskilling?

Upskilling means training employees to improve and develop existing skills.

Reskilling means preparing employees for a new role. Their positions may no longer exist in the future, but businesses may not want to replace them, so they train employees to take a new direction.


The benefits of Upskilling

Upskilling allows employees to develop their professional careers. Some employees don’t want to stay inside a box throughout their work, so upskilling allows them to learn. Also, when employees see that the business is investing in their growth, it can affect their productivity and performance.

The benefits of Reskilling

Reskilling is the most important investment of the moment for many businesses. To cope with market demands, companies must ensure their staff is up-to-date to keep up with modern changes. If reskilling is not applied, employees won’t be able to move to new positions to keep the company running.

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