According to Statista, the global unemployment rate has gone down from 5.92% to 5.42% from 2010 to 2020. Despite this decline in this percentage, the visible gap between job requirements and skills is widening. It is because of this reason that organizations are focusing on the continuous learning and development of their employees. The employees, too, are investing time and money in additional training and courses to increase their employability.
The skill gap, coupled with the adoption of advanced technologies, is catalyzing the inclination towards getting certified and enhancing skillsets. Companies, like Metapercept, have come forward with a mixed bag of cutting-edge training and certification courses. These courses can be availed by participants themselves or through their employer organizations. In both cases, the primary focus is on the industry-readiness of each of the participants.
Metapercept implements its training goals in three phases: pre-training, training execution, and post-training. In the pre-training phase, the participants are assessed for understanding their knowledge and counseling them. The execution of the training is then followed by skills and job-readiness assessment. The team follows a holistic approach for offering assistance even after the training.
Challenges faced when employees are not upskilled
Like machines, employees also face the threat of being obsolete if new skills are not developed over time. There is a constant need for working on employability, which otherwise can lead to the following consequences:
Replacement due to shifting nature of the job
The digital revolution is leading to rapid shifts in job requirements. Every year new arrays of technologies are being added to the skills required. During these times, it is imperative to undertake training and certifications to keep up with the changes. The job market, at the same time, is witnessing an exponential increase in competition. Therefore, the lack of training increases the threat of being replaced.
Lack of job satisfaction
The job requirements will continuously change. Employees who entered the job market without any technical know-how a few years back are juggling between different technologies presently. In order to sustain the evolving needs of a job role, it is crucial to constantly work on developing new skills. This, in turn, also helps in inculcating confidence, motivation, and job satisfaction.
Owing to the shifting nature of job these days, the productivity will go down after some time with old skillset. The need for continuous learning is inevitable. When responsibilities change with new processes and technologies being continuously added, coping up without training gets difficult for employees. Therefore, organizations work with Metapercept’s team to impart quality training and hands-on experience with new technologies.
Stagnation in the corporate world
Training and development offer immense opportunities for professional growth. Lack of required skillset can hinder growth in the present job too. Without these measures, there is a higher chance of remaining stuck where one is at present.
These training courses might cost some resources, but they also provide high returns on investments. If you foresee the requirement and work on getting certified, you’ll be considered smart. If you delay the certification, it will become critical to your career. In either way, upskilling is not a choice but a need.