Job Upskilling – One of the New Hires Retention Strategies
Little do employers know that job upskilling could be one of the new hires retention strategies. Many times, all employees, including new joiners, motivated by their roles and career progression at work. The recognition of their contributions will make them feel acknowledged and appreciated by the company and its Management team.
Therefore, employers as well as the hiring managers, are encouraged to ensure their co-workers’ job scopes are the one with the potential to transform, grow and develop. Such upskilling strategy does not only keep the job interesting for the employee, but it is also crucial to the business as it keeps the company up-to-date with the on-trend technology and resource.
How to Increase New Hire’s Retention with Upskilling?
From the beginning of hiring process, everyone puts his or her best foot forward to ace the job application process. Though it is uncommon for job skill inflation to happen, assessing the new hire’s job skills will enable hiring manager to make a better decision in job assignment.
Therefore, as an employer, you may begin with job skills evaluation of your new hire. When you assign appropriate work to your new employee according to his or her strengths, qualifications and experiences, he or she will feel neither overwhelmed nor bored in his or her new job. This is a crucial step, as it will get you (or your team) off to a great start with your new hire. On top of that, you will have to better manage your new hires early on. If he or she can handle the extra loads of work better, you may continue to add on new assignments to tap their skills and expertise. However, do not forget to have a regular check-in to ensure the assignments are reasonably assigned with the right balance and expectations.
Secondly, as time goes on, you will get to know the new joiner better along with their potential at work. In other words, you will get to know what the untapped talents of your employee are and help him or her to discover those hidden talents by tailoring their learning. The customised learning process will help employees to meet the specific skill sets or unleash their potential.
In addition to that, such observation will help you to make a better decision in job skill development and career progression of your new hire. Today, a majority of employees view job progression within an organisation as an important benchmark in their career. The on-going job’s upskilling is needed for them to obtain necessary job skills for promotion and move up the career ladder in the organisation.
Why Help the New Hires to Develop Their Job Skills?
New hire’s job upskilling is not merely the job skill development but also is a win-win situation for both employer and employee. Other than the perks and benefits you can offer to new hires, such job skill development will warrant the career progression in future and attract more talents to join your company while playing an important role in staff retention.
Besides, training and job upskilling will cement the value of the employee where, in return, the employee will appreciate that time and money spent on them. The employee will develop a sense of duty, the feeling of empowerment and worthiness through the job skill development process. Employee retention rate will increase as your employees’ job skills develop, so does the employee retention rate – staff retention rate will increase when employee satisfaction is high due to clearly defined learning path and upskilling plan.