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Blog How Reskilling Employees Benefits Both Employers and Employees
Article

How Reskilling Employees Benefits Both Employers and Employees

General Assembly
July 19, 2024

In today’s rapidly evolving digital landscape, reskilling employees is crucial for maintaining a competitive edge and ensuring organizational resilience. Reskilling not only prepares employees for new roles within your company, but also helps your business stay agile and innovative. 

Let’s take a look at the benefits of reskilling for both employers and employees, and how General Assembly can support your reskilling initiatives.

Understanding Reskilling and Its Importance

Reskilling involves training employees in new skills to take on different roles within your organization. Unlike upskilling, which enhances employees’ current skills for future use cases, reskilling equips motivated employees to transition into entirely new positions.

Reskilling plays a critical role in your business’ ability to:

  • Navigate Technological Disruption: As automation and artificial intelligence reshape industries, many job functions are becoming less relevant. Reskilling helps employees adapt to these changes by learning new skills relevant to emerging and hard-to-hire roles.
  • Meet Evolving Business Needs: Businesses must pivot quickly to stay competitive. Reskilling ensures employees can meet new demands and fill critical roles as the company evolves.
  • Enhance Workforce Flexibility: A reskilled workforce is versatile and adaptable, capable of shifting responsibilities and supporting different functions within the organization.

Benefits of Reskilling for Employers

Employers who invest in reskilling programs can reap significant rewards, including improved employee retention, enhanced innovation, and cost savings.

  • Improve Employee Retention: Employees are more likely to stay with a company that invests in their growth and development. Reskilling demonstrates a commitment to their future, reducing turnover and retaining valuable talent.
  • Foster Innovation: A workforce equipped with diverse and up-to-date skills is more likely to innovate and drive the company forward. Reskilled employees bring new and needed perspectives and ideas, fostering a culture of creativity and continuous improvement.
  • Reduce Recruitment Costs: Hiring new talent can be costly and time-consuming. Reskilling existing employees is often more efficient and ensures that valuable institutional knowledge is retained.
  • Boost Operational Efficiency: Reskilled employees can take on new roles quickly, ensuring that critical functions are maintained and operational disruptions are minimized.

Benefits of Reskilling for Employees

For employees, reskilling provides numerous personal and professional benefits, including career advancement, job security, and increased job satisfaction.

  • Career Advancement: Reskilling opens up new career opportunities within the organization, allowing employees to take on new roles and responsibilities, leading to career growth and higher earning potential.
  • Job Security: In an ever-changing job market, having a diverse skill set can provide job security. Reskilled employees are better positioned to adapt to industry shifts and remain relevant and employable.
  • Increased Job Satisfaction: Learning new skills and taking on new challenges can lead to greater job satisfaction. Reskilled employees often feel more valued and appreciated by their employers.
  • Personal Growth: Reskilling encourages continuous learning and personal development. Employees who invest in their own growth are more confident and capable in their roles.

Steps to Implementing a Successful Reskilling Program

Implementing an effective reskilling program requires a strategic approach that aligns with both organizational goals and employee needs.

  • Identify Skill Gaps: Begin by identifying the skills your organization needs to stay competitive. Conduct a thorough skills gap analysis to determine where your current workforce falls short.
  • Set Clear Objectives: Define what you want to achieve with your reskilling program. Whether it’s preparing for technological changes or enhancing innovation, having clear goals will guide your efforts.
  • Develop Personalized Learning Paths: Tailor reskilling programs to meet the specific needs of your employees. Personalized learning paths ensure that each employee receives relevant and impactful training.
  • Leverage Expert Instructors: Partner with a trusted provider like General Assembly to access high-quality training led by industry professionals. Expert instructors bring real-world experience and insights to the classroom, enhancing the learning experience and delivering real results.
  • Provide Continuous Support: Ensure that employees have access to the resources and support they need to succeed. This includes career coaching, mentorship, and opportunities for hands-on learning.
  • Monitor and Adjust: Continuously assess the effectiveness of your reskilling program and make adjustments as needed. Use metrics such as employee engagement, skill acquisition, and business impact to evaluate success.

Creating a Culture of Continuous Learning

Fostering a culture of continuous learning is essential for the long-term success of your reskilling initiatives. Here are some key steps to build this culture within your organization:

  • Encourage Lifelong Learning: Promote the importance of continuous learning and development. Encourage employees to take ownership of their career growth and seek out new learning opportunities.
  • Provide Learning Resources: Offer a variety of learning resources, such as online courses, workshops, and mentorship programs. Make it easy for employees to access and utilize these resources.
  • Recognize and Reward Learning: Celebrate employees who actively engage in reskilling and upskilling. Recognize their achievements and reward them with opportunities for career advancement.
  • Foster a Supportive Environment: Create a supportive environment where employees feel comfortable taking risks and trying new things. Encourage collaboration and knowledge sharing across teams.
  • Integrate Learning into Everyday Work: Make learning a part of everyday work by integrating it into regular activities and processes. Provide opportunities for employees to apply new skills in real-world scenarios.

Leveraging General Assembly’s Expertise

General Assembly offers comprehensive tech training solutions to help you develop and implement effective reskilling programs. Our personalized learning paths, expert instructors, and continuous support ensure that your employees gain the skills they need to succeed.

  • Customized Learning Paths: We provide personalized learning pathways that align with your business goals and employee needs. Whether it’s coding bootcamps, data courses, or AI training for your leadership, we have the right programs to enhance your team’s skills.
  • Expert Instructors and Real-World Training: Our courses are led by practicing  industry professionals who bring real-world experience to the classroom. This ensures that your employees gain practical, applicable skills that can be immediately implemented in their roles.
  • Comprehensive Support: We’re committed to your team’s success. Our robust support services help employees navigate their learning journey and apply their new skills effectively.
  • Scalable Solutions: Whether you’re a small startup or a large enterprise, General Assembly offers scalable solutions to meet your reskilling needs. Our flexible programs can be tailored to fit the size and scope of your organization, ensuring that you get the most out of your investment.

Real-World Success Stories

John Deere’s Transformation: John Deere partnered with General Assembly to reskill over 100 employees, transforming them into software engineers. This not only filled critical skill gaps but also demonstrated the company’s commitment to employee development and innovation.

L’Oréal’s Digital Evolution: L’Oréal collaborated with General Assembly to reskill their marketing team in digital skills, resulting in a more digitally savvy organization. This initiative helped L’Oréal stay competitive in a rapidly evolving market and provided employees with valuable new skills.

The Adecco Group’s Workforce Development: The Adecco Group used General Assembly’s training programs to enhance their team’s skills in data analytics and digital marketing. This reskilling effort improved operational efficiency and contributed to the company’s overall success.

Invest in Reskilling for a Brighter Future

Reskilling your employees is a strategic investment that benefits both your organization and your workforce. By building a stronger, more adaptable team, you can enhance innovation, reduce turnover, and create a culture of continuous learning. Partner with General Assembly to develop and implement effective reskilling programs that drive growth and success.

Ready to reskill your team? Explore our full range of courses and start building a brighter future for your organization today. Get in touch today.

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