As todays workforce shifts, your organization may be facing an urgent need to upskill teams and create opportunities for existing employees to take on new roles and functions.
Equipping employees with new knowledge and skills to adapt to changes within their current role is key for businesses to remain competitive and agile as the demand for new capabilities increases.
Doing so can also help avoid critical skills gaps as globalization, digitization and accelerated automation impact current and future challenges at work.
Read on to learn more about the value of upskilling for the future of work.
Looking for more insights? View previous Insight Newsletters:
The value of microcredentials for next gen talent
Theres growing demand for students to graduate with skills they can implement immediately in the workplace. Traditionally, a co-op students performance is assessed through a performance evaluation but the skills and competencies a student develops arent always formally recorded. Learn how microcredentials offer employees an opportunity to gain and document new skills quickly.
How one student upskilled through the middle of a pandemic
When the COVID-19 pandemic hit at the beginning of 2020, it had a major impact on the global economy, and the University of Waterloo was not immune to that. While many co-op students quickly pivoted to remote positions, others struggled to find jobs. Learn how one student was able to develop in-demand skills through the (WE) Accelerate program to upskill herself for future work terms.
More from WxL
REGISTER FOR OUR NEXT ONLINE EVENT
The future-ready workforce series: Upskilling to prepare for the future of work. Join us on November 17 at 12:00 p.m. ET for the next event in our multi-part series and discover how employers are upskilling their teams to adapt to a rapidly changing labour market. Access research insights from Waterloo experts, as well as student and employer guest speakers, that highlight what is changing in our workforce. Youll also learn how you can strengthen your strategies for enhancing future-ready skills and employability, upskill talent to enable professional and career development and implement training programs to upskill talent and prepare for the future of work.
FIND RECRUITMENT TOOLS YOU CAN USE
We have templates, checklists and other recruitment resources ready for you. Our Employer+ Resource Hub provides you the expertise, resources and tools to take advantage of all the benefits WIL programs have to offerincluding time-saving downloadable templates so you can spend time on what you do best. Keep an eye out for the Engage/Convert and Upskill/Reskill sections to be launched soon.
LEARN HOW WxL SERVICES CAN BENEFIT YOUR ORGANIZATION
From customizable workshops to data-driven reports to joining us in the development of new research, we look forward to working with you. Find out more about improving how you recruit and hire, engage your employees and upskill/reskill your employees.