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Reskilling: The New HR Focus

Thereu2019s a saying that goes, u201cYou cannot teach old dogs new tricks.u201d Such a notion, however, ought to be challenged in present times. This is for the very simple reason that the world is changing. With rapid developments in modern technology, certain skills and processes may become obsolete, thus leaving HR no choice but to reconfigure work processes, systems, and more importantly, reskill their company employees.

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Reskilling: The New HR Focus

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  1. HOME FREE TRIAL CONTACT US The New HR Focus: Reskilling Need for Change and Challenge There’s a saying that goes, “You cannot teach old dogs new tricks.” Such a notion,   however, ought to be challenged in present times. This is the basic reason that the   world is changing. With rapid developments in modern technology, certain skills   and processes may become obsolete, thus leaving HR    no choice but to reconfigure   work processes, systems, and more importantly, reskill their company employees.  A reluctance to do so would not only see them lose essential manpower, but in the   CPF calculator  Overtime Pay Calculator Income Tax Calculator

  2. HOME FREE TRIAL CONTACT US process,  Cause  them  to  fall  behind  competitors  who  are  proactively looking at   means  to  upgrade their workforce and various resources. So, should you reskill   your workers today? Progress and Leveraging on Technology Ever since the dawn of time, humans have had to undergo several changes with   regards to work. From the labour-intensive Bronze Age, to the heavy-duty industrial   age to todays’ heavily digitalised world, the manner in which work is carried out   has gotten drastically different. The one common driving force behind these eras however, would be technology.   CPF calculator  Overtime Pay Calculator Income Tax Calculator

  3. HOME FREE TRIAL CONTACT US As  time progresses, the developments in technology have disrupted operational   procedures with new, better ways of getting things done. With businesses, it has   always been swim or sink, evolve or go extinct. Reskilling: A Constant Need There always exist a need to prepare for the future. As such, it is highly advisable   that  you be pre-emptive in your business approaches so as to ensure that your   company’s workforce remains well-versed in their field of expertise. Let us give you   an example. Amazon    , one of the biggest tech-giants of this current generation, has been taking   CPF calculator  Overtime Pay Calculator Income Tax Calculator

  4. HOME FREE TRIAL CONTACT US a  proactive  approach  when it comes to improving the knowledge and technical   know-how of its employees.   For instance, in 2019, the company pledged a full $700 million to upgrade their   workers in higher-order skills in various areas, several of which are listed below. ● Machine Learning University – A high-tier strategy to enable workers to be well- versed in various machine learning skills. Amazon Technical Academy – A platform to help transition workers with no   ● prior-knowledge into roles involving software engineering. Amazon Career Choice – A pre-paid course to equip various associates with the   ● relevant skills and know-how to be employed in high-demand positions of their   choosing. Amazon, possessing the necessary foresight, has conceptualized a multi-pronged   approach to the development of their workforce.   They have granted prospective internal hires and employees the means to revamp   themselves  by  providing  an  avenue  for  them  to  be  re-educated  about  certain   industry  information  and  know-hows,  thus  expanding  the  breadth  and  depth of   their knowledge. Amazon’s  plan  of  approach  had  several  outstanding  benefits.  Firstly,  despite   CPF calculator  Overtime Pay Calculator Income Tax Calculator

  5. HOME FREE TRIAL CONTACT US technology  being  a  common  enabler  across  the industry, the organization's pro   activeness  has  managed  to  keep  the  company  at  the  number   1   sport   for   ecommerce   goods  in  the  US  market  by  a  significant  margin.  The  company   experienced a 38.6% increase in revenue from 2019 to 2020, that is upwards of   $296  billion.  Moreover,  in  addition  to  this,  across  all  online  channels,  Amazon   reported a net    income    of    $21.33    billion    dollars within this same time period, an   increase of 83.9%. What Amazon achieved is no mean feat. All the success that the company has   achieved was in spite of the disruptions to usual operations caused by COVID-19.   This shows that if you equip your employees with the necessary tools and new   skills needed to help the company, go over and beyond expectations.   Through upgrading and reskilling, companies will be able to reap the rewards of   more meaningful knowledge and flexibility for greater efficacy and efficiency. The Scene in Singapore CPF calculator  Overtime Pay Calculator Income Tax Calculator

  6. HOME FREE TRIAL CONTACT US With Singapore being an international business hub, it is vital for the survival of our   country’s economy that we continue to re-train and upskill our workers. This is also   a  sentiment  echoed  by  the  government,  with  the  Enhanced    Training    Support   Package    , aimed at upskilling and retraining, being extended by a further 6 months. Even  before  the  start  of  the  pandemic,  the  government  has  been  actively   encouraging  businesses  to  look  at  means  of  upgrading  the  skillsets  of  their   workers. If anything at all, COVID-19 has further proven that adapting and changing   with  the  times  is  an  utmost  must  to  remain  competitive  in  today’s  economic   climate. CPF calculator  Overtime Pay Calculator Income Tax Calculator

  7. HOME FREE TRIAL CONTACT US In A Nutshell Technology  has  and  will  continue  to  be  a  disrupt  to  many  industries  and   businesses.  The  skills  and  knowledge  required  by  your  team  is  constantly   changing. As such, there is a constant need to be on your toes, and be proactive   when  it  comes  to  engaging  your  workforce.  Through  reskilling  and  training,   company employees will have their skillset expanded such that they will be well- versed in their field of work, thus bringing consistent value to the business. All in   all, this will help ensure that your organization remains at the forefront, leveraging   upon prevailing circumstances to remain a step ahead of the competition. In term of acquiring new knowledge, why not start off with QuickHR    ? Our top-of- the-line Learning    Management    System allows your company to partake in various   internal and external eLearning modules from our exhaustive marketplace of off- course  providers.  Customizable and with built-in analytics, HR will be alerted to   areas of concern such that greater focus towards such areas can be emphasized   for an ever-learning workforce. Once  again, we hope that you've enjoyed a good reading. And remember, Think   Now, Think Far, Think QuickHR. * Get in touch with us at quickhr.co/contact-us    to find out more about our state- CPF calculator  Overtime Pay Calculator Income Tax Calculator

  8. HOME FREE TRIAL CONTACT US of-the-art HRMS solution! Good HR Software In Singapore Image Source:  For HR Payroll Software Singapore 14 Days Free Trail click here https://quickhr.co/ CPF calculator  Overtime Pay Calculator Income Tax Calculator

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