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The Power of Upskilling: How to Learn New Skills

Written by Salary.com Staff

December 14, 2023

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Everything keeps changing. Industries change, technology improves, and job requirements change, too. Upskilling is the way   to stay ahead. Learn new things and reach full potential.

Dive into this article and explore the world of upskilling.

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What Is Upskilling?

Upskilling is learning new skills to advance knowledge and become more valuable in a career or job. It is ongoing self-improvement through acquiring and developing new capabilities.

Upskilling can mean:

  • Learning new tools, software, or technologies used in a specific industry.
  • Developing expertise in a specific area of a job or field.
  • Improving soft skills such as communication, critical thinking, or collaboration.
  • Gaining certifications or micro-credentials to show competence.

Upskilling helps in staying relevant, improves chances of promotion, and opens new opportunities. Make upskilling a habit by focusing on one new craft each month or quarter. Check in-demand skills and competencies for help on what to start learning. Learn by doing, and gain mastery and confidence to open new doors of opportunity.

Why Upskilling Matters

Upskilling is essential in today's fast-changing world.  Here are some reasons why upskilling matters:

  • Career Relevance: In a rapidly evolving job market, upskilling helps individuals stay relevant. New skills and knowledge keep them valuable and employable in their chosen field.
  • Job Security: Upskilling makes employees hard to replace. This reduces the risk of layoffs or job displacement due to technological advancements.
  • Professional Growth: Upskilling leads to personal and professional growth, new opportunities, promotions, and higher earning potential. Learning new skills through upskilling gets employees ready for moving up in their careers, like getting a better job or more important tasks.
  • Adaptability: Upskilled individuals are better prepared to adapt to changes in their industry.
  • Innovation: When workers have lots of skills, it helps their company come up with new ideas and solve problems better. Employees with different skills bring in new and smart ways to do things.
  • Competitive Advantage: Companies gain from employees who learn new skills. This makes work go smoother, customers happier, and helps the company do well overall.
  • Futureproofing: Upskilling is an important aspect of getting ready for the future, as it entails acquiring new skills that are required for a job. It helps in staying relevant despite changes in the job or industry.

Upskilling has significant advantages for both employees and organizations. Investing in employee development leads to a more engaged, productive, and flexible workforce—and a company that readadapts to changes.

How Upskilling Benefits Employers

Upskilling employees benefits both businesses and workers.

There are a few key reasons why upskilling employees is essential for any organization:

  • Higher productivity: Workers with updated skills and knowledge do their jobs more efficiently and effectively. They make fewer mistakes and better grasp new technologies and processes.
  • Increased innovation: Employees with a growth mindset and broader skill sets produce creative solutions and new ideas that drive business success. Upskilling enables workers to have a wider range of solutions to solve complex problems.
  • Improved retention: Employees who feel invested in and developed are more loyal and less likely to leave the company. Upskilling shows workers that the organization values them and cares about their career progression.
  • Succession planning: A highly skilled workforce gives companies a pipeline of talent to fill leadership roles. Upskilling employees prepares them to take on more important responsibilities.
  • Employees feel valued: Employees think the company cares about their growth and development by providing opportunities to learn new skills. Upskilling boosts motivation, job satisfaction, and loyalty.
  • Reduced costs: When companies need to fill positions, they can look within their existing workforce instead of recruiting external candidates. Upskilling existing employees saves money for spending on job advertising, screening, interviewing, and onboarding new hires.

Upskilling requires time and money, but the benefits to employees and companies make it well worth the effort. An engaged, skilled, and adaptable workforce is essential for success in today's business world.

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Methods for Upskilling Employees:

One of the best ways to upskill employees is through on-the-job training. This means teaching new skills while employees are actively working. Some standard methods for on-the-job training include:

  • Job Rotation

Rotating employees between different jobs and roles exposes them to new skills and experiences. For example, turning a customer service representative into a sales position for a few weeks helps them learn new skills that makes make them a better customer service representative.

  • Coaching

Assigning a coach or mentor to work directly with an employee is an excellent way for them to learn new skills through guidance and feedback. The coach can demonstrate skills, advise, review employees' work, and help them improve.

  • Cross Training

Training employees to perform different roles, jobs, or functions expands their knowledge and skills. For example, training call center representatives to handle live chat inquiries equips them with new abilities. Cross-training provides more flexibility and coverage for teams as well.

  • Stretch Assignments

Giving employees challenging, short-term projects outside their usual role exposes them to new experiences and skills. For example, an accounting assistant working on a budget analysis project helps build analytical and problem-solving skills.

  • Online Learning

Online courses offer a flexible and convenient way for employees to learn new skills. Platforms such as Udemy, Coursera, and Khan Academy provide thousands of courses, including business, technical, and soft skills training. Online learning is ideal for busy schedules and remote teams.

Using a mix of these upskilling methods keep employees' skills and knowledge up to date. Upskilling leads to a more capable, flexible workforce and higher employee satisfaction and retention rates. Investing in people through continuous learning and development is worth the effort.

Resources for Upskilling and Continued Learning

Make sure to take advantage of all the available resources and support when upskilling. The great thing is, there are lots of ways to learn, and many of them do not cost much or are even free.

  • Online courses

Online learning platforms like Udemy, Coursera, and Skillshare offer affordable and free video courses that cover a wide range of skills.

  • Tutorials and how-to guides

Find free tutorials online for many skills such as coding, graphic design, and marketing. Search for a tutorial and get started with helpful guides.

  • YouTube

YouTube has channels dedicated to teaching skills—everything from woodworking and photography to speaking new languages and playing musical instruments. The best part is, they are all free. Subscribe to relevant channels and have a constant stream of new skills and lessons to learn from.

  • Podcasts

There are many educational podcasts focused on teaching skills and self-improvement. Check out different podcasts that will suit the skill want to upskill.

  • Books

Good old-fashioned books are still among the best resources. Search for books on your desired skill and read reviews to find trusted, comprehensive guides. Visit a local library to borrow for free.

The opportunities for continued learning are endless. Tap into all the resources available and never stop expanding knowledge. Commit to constant upskilling and growth and open up to new career and life opportunities.

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Conclusion

The key to upskilling is finding topics that give genuine interests.  Approach the learning process with an open and curious mind. Be patient and celebrate small wins along the way.

Skills get better over time. Find more opportunities with regular practice. Keep learning and growing – it is a never-ending journey. Have an endless capacity for growth, start exploring, and enjoy the adventure of developing new skills.

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