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Reskilling and upskilling are terms that refer to workforce development and employee training efforts designed to ensure employees are capable and competent to achieve job objectives. While similar, the two terms are different.
Reskilling is the process of training employees in new skills that are entirely different from the skills they’re currently using.
Upskilling is the process of improving or expanding existing skills.
Both involve training and development activities designed to enhance proficiencies and productivity.
While upskilling helps employees develop higher-level competencies that may allow them to move into more responsible roles, reskilling teaches them new skills they need—in some cases, because their current job is being eliminated or replaced by technology.
Reskilling ensures employee adaptability and helps future-proof the organization. It also aids in retention. After all, even if employees’ skills have become outdated for their current role, their knowledge and experience with the company are still valuable. It’s costly to recruit and retain new employees, but if existing employees can be reskilled to meet company needs, that’s a win-win for both the company and the employees.
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