Why Upskilling is Essential to Your Company’s Growth

You may have come across content that discusses the importance of upskilling your employees so your company stays competitive and relevant in the workplace. Research from the World Economic Forum (WEF) shows that half of all employees worldwide need to upskill or reskill by 2025. 

However, not everyone has the time or resources to attend classes at night or on the weekends. Luckily, there are Udacity courses available now to help your employees upskill. 

What is Upskilling?

Upskilling is a process by which individuals enhance their skills and make themselves more employable. This can be achieved through education, training, or other methods. Individuals need to upskill to stay competitive in today’s labor market continuously. 

Upskill For the Latest Opportunities

With the rapid changes in technology, businesses and industries constantly adapt to find new ways to improve their business. With these advancements come new job opportunities, which can be a blessing or a curse depending on how you prepare for them. It’s essential to keep up with the industry so you aren’t left out when an opportunity arises. Degree programs are a great way to get ahead in your field. 

Upskilling is Necessary for the Growing Workforce

What does it mean to upskill? What are some of the most important benefits of going through an upskilling program? Does your job require that you would need an upskilling program? Take a look at these questions and more in this blog.

Why is Upskilling Important?

Given the importance of training and education, it’s no surprise that recent trends have shown an increasing number of adults pursuing lifelong learning opportunities. It is estimated that in 2020, the U.S. workforce required around 90 million new workers with in-demand skills such as computer coding, engineering, and finance. With a growing demand for skilled workers, companies realize the benefits of investing in their employees’ talent sets to help them advance their careers.

Other Important Skills To Learn

Some other skills that can be learned at any age are problem-solving, time management, and communication. These skills are necessary for success in today’s fast-paced work environment. By understanding these skills early on, students will avoid the stress of buried deadlines and lost productivity later in their careers.

Resources to Learn More About Upskilled Work

With the rapidly changing and growing workforce, employers must quickly ramp up their employees’ skill sets. There are many resources available to learn about a variety of job skills that can help you learn more about your job market and what skills others have in demand.

Every worker in the world needs to upskill. The only way to keep up with the rapid changes of our growing global economy is by having the skills required for the job market, not just a few. Every worker has a skill set to improve upon and learn new programming languages or improve their understanding of international trade.

Udacity Can Help Upskill Your Team

Connect with Udacity’s Enterprise Solutions, to learn about amazing opportunities to upskill your team..

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Eraina Ferguson
Eraina Ferguson
Eraina Ferguson is the Marketing and Communications Manager at Udacity. Her recent monologue, Listen to Her, was read by actress Marla Gibbs and featured at the WACO Theatre’s 50in50 event. Her writing has been featured on NBC Universal, Red Tricycle, LA Parents Magazine, and the LA Times. Eraina lives in California with her husband and children.