It is the process of learning new skills or teaching workers new skills.
From a talent attraction perspective, many job seekers consider professional development opportunities a significant selling point when deciding where to work. Coupling professional development through upskilling with clear career pathways can produce a loyal, skilled, and motivated team. It can also improve retention. A committed workforce is a committed workforce that feels well prepared for their jobs and experiences company investment in their professional futures.
The lack of qualified talent is one of the most significant roadblocks to the growth of an organization. As required skillsets are evolving fast, training and upskilling enable employers to pick up potential candidates and nurture them for the future. This helps to fill positions through internal hiring on time and keep up with the pace of achieving organizational objectives.