Upskilling

What is Upskilling?

Upskilling is the concept of teaching and training your employees to enhance and grow their knowledge and existing skills in an attempt to minimize a skill gap.

What are some common techniques to help upskill your employees?

• Sending them to training conferences
• Mentoring and/or job shadowing
• Online training courses
• Training sessions given by management

Why is upskilling important?

Upskilling can save companies time and money. If a company is willing to train its current employees then they save money on recruiting and hiring new employees. They can also save money on hiring job seekers that are not as qualified and that may be willing to take a lower salary because they can train those job seekers themselves and not have to pay someone coming in with more experience and demanding higher pay.

Upskilling is not the same as "reskilling."