Upskill Your Employees As An Investment: 3 Reasons
Now, due to hybrid and remote working models employees are exposed to new challenges. To upskill your employees, especially as the future of work is adapting and evolving every day could be a valuable investment to your SME business. New technology, digitalisation and trends are changing how we do things, especially regarding the simplifying and automating of various tasks. Are they prepared enough?
Investing in your employees’ soft skills (i.e. communication, critical thinking, problem-solving, cybercrime awareness, etc.), as well as hard skills (i.e. technology, software, etc.), can contribute to efficiency in the workplace and sustainable growth for your business.
TABLE OF CONTENTS
Upskill your employees to improve their potential:
1. It improves employee retention
Career development is one of the top reasons why employees choose to leave a company. Investing in the skills of your employees has proven to improve knowledge, competency and confidence which has a direct effect on job satisfaction and morale.
2. It enhances productivity and service delivery
Learning and applying new software or other skills often improves the productivity and performance of teams to the benefit of co-workers and customers alike. Customers want to deal with motivated, positive employees, which is again an incredible bonus for the reputation of your business.
3. It allows you to promote internally
Finding the right talent is time-consuming, not to mention expensive. But what if you already had the right people on hand? Your best and most loyal intern today could be your best and most loyal manager tomorrow. Through mentorship and training, it is possible to enhance the knowledge and skills of any individual in your SME who is showing an eagerness to learn and accept more responsibility.
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Chantél Venter is a creative writer, strategic thinker, and a serious gesticulator. She’s passionate about storytelling, small businesses and bringing color to the world – be it through her words or wardrobe.
She holds a four-year degree in Business and Mass Media Communication and Journalism. She’s been a copywriter and editor for the technology, insurance and architecture industries since 2007 and believes anybody can run a small business successfully. She therefore enjoys finding and sharing the best and most practical tips for this purpose.