Analysing the benefits of upskilling employees: A good investment for the future

Employee engagement and productivity are critical components of any successful organisation. And one effective method to enable this is by investing in employee upskilling, as it can have tremendous benefits for both your employees and business.

Our research also evidences this, after we found that this year 42% of organisations are using learning and development to upskill their employees.

What is upskilling?

Upskilling is the process of acquiring new and relevant skills to enhance abilities, knowledge, and expertise. It involves continuous learning and development to stay updated with current trends, technologies, and industry demands.

What are the benefits of upskilling?

Upskilling is a good investment of time, resources, and training budget for any organisations, and can bring about many short and long-term benefits for the company, such as:

• Improving productivity and efficiency
• Increasing employee retention rates as a result of improved job satisfaction
• Cost savings
• Giving you the edge over competition