If we’ve learned anything in the past couple of years, the biggest lesson is we need to invest in our employees. Some of the biggest trends expected in 2022 include upskilling and reskilling as a part of the plan to support and develop talent and increase employee retention. Investing in employee growth can help you keep employees engaged and save you a lot of money in the long run. Here are some things you can do starting today.
Providing training for your team doesn’t just help you; it helps them determine their goals and take steps to advance their careers. Employees want to work for companies that value them and are willing to invest in their futures. Providing additional training, including webinars and other avenues for continued education, will send the right message.
Many companies are offering options for tuition reimbursement. With the current state of student loans, many competent people have put off going back to school because they’re afraid their debt-to-income ratio will increase. And student loan debt can impact every aspect of their life, including the ability to buy a home. If you can offer related tuition reimbursement, you will entice employees to remain committed to your company.
Upskilling, or reskilling, is slightly different than traditional training. It’s the idea that your best option for new talent is working right in your company already. By providing opportunities for employees to learn new skills and be placed in positions with more responsibility, you will increase loyalty and retention. It’s also much easier to hire for entry-level roles than find candidates with exact experience.
Improve Employer Brand
Investing in employee development doesn’t just impact your current team. It is also good for your hiring process. Your employer brand comprises your current employee experience and your reputation as a hiring company in the marketplace. By showcasing the developing, training, upskilling, and advancement opportunities, you will attract high-quality talent to your open jobs.
Are you looking for more ways to improve your hiring process?
Work with the staffing professionals at The Vision Companies today. Visit our website and get in touch to see how we can enhance your hiring process and work environment!