- July 16, 2021
- Posted by: Stratford Team
- Category: Business
I’ve seen the pandemic inspire small- and medium-sized businesses (SMBs) across every industry to pivot to a more digital business model to survive. From retail and healthcare to even manufacturing, the shift has been good for business, but the accelerated timeline has implications for those looking to reenter the workforce—who may not find the same jobs they left—and for how companies attract and retain top talent.
Currently, the number of skills required for a single job is increasing 10 percent annually, and one-third of the skills that appeared in an average job posting in 2017 are no longer needed in 2021, according to Gartner. One solution? Workforce education or sponsored education programs, which create education and training paths tailored to organization’s and employee’s goals.
The Advantages of Workforce Upskilling and Reskilling Programs
The value of most companies has shifted from tangible assets like real estate,…