Updating employees’ tech skills is generally observed as an excellent business strategy, feels counsellor Shivani Misri Sadhoo
Availing skill programmes builds a positive work environment with happy workforce and who are engaged and comparably more productive than rest of the industry standards. When an organisation tries to develop a culture of learning and growth and invests in employee skill updation – it sends a strong message to the world that it’s an employee friendly corporation, it cares for its people and it’s in good revenue shape. This reduces the rate of attrition and attracts better talents.
At a micro level, procuring tech skill programmes improves employees’ technical abilities that equip employees with the skills they need to meet their performance expectations. Employers that provide their employees with skills training can assign job duties and responsibilities more appropriately knowing that employees actually have the skills necessary to do the work. Within the context of employee development, improving skills and abilities also prepares employees for internal promotion or career advancement.
The major advantages on procuring tech skill programmes are:
EFFICIENT AND FAST EXECUTION OF BUSINESS PLANS
Giving everyone in the company a foundation of latest technical skills puts everyone more or less on the same page. This allows the employees to take more informed decisions and perform better teamwork. For example, in a software company after up-gradation of technical know-how and skills of particular software development, both the designers and marketers develop a basic understanding of coding and that allows them to work directly with the software developers and helps the managers to make better estimates of the time needed to complete the projects.
PROVIDE OPPORTUNITIES FOR INTERNAL MOBILITY AND BRING DEVELOPMENT IN-HOUSE
By upgrading employee’s skills and capabilities, the organisation reaches at an advantageous position where they enjoy a pool of highly-skilled employees with experience specific to their needs. At the same time promoting current employees to new technical roles saves company’s recruitment costs and loss of productivity and salary – since old employees would not require low productive familiarization time that a new employee may require. Companies that create internal hiring programs see an increase in employee career satisfaction and retention – which is always a good thing.