Retraining

How Organizations Can Avoid Layoffs With a People-First Approach: Research From HR Firm McLean & Company

Retrieved on: 
Thursday, November 30, 2023
Pressure, Longevity, Research, Policy, Organization, Workforce, Collection, Retraining, Cost, Empathy, Management, HR

As a significant number of organizations announce layoffs and restructurings, McLean & Company, the global HR research and advisory firm, suggests for those evaluating the same path to instead consider reskilling and redeployment where possible.

Key Points: 
  • As a significant number of organizations announce layoffs and restructurings, McLean & Company, the global HR research and advisory firm, suggests for those evaluating the same path to instead consider reskilling and redeployment where possible.
  • McLean & Company acknowledges that there are situations in which layoffs are the only clear path forward for an organization.
  • Regardless of the solution, the research bundle from McLean & Company offers tactical guidance HR and organizational leaders can follow to support organizations and employees during a turbulent economic period.
  • In addition to industry resources, McLean & Company also offers workshops to HR professionals to support them in program building and navigating other nuances of their roles.

New Research Finds 36 Million U.S. Workers Are Stuck in High-Churn, Low-Pay Jobs

Retrieved on: 
Thursday, September 28, 2023
Acceleration, Workforce, Retraining, Education, High mobility group protein HMG14 and HMG17, BGI, Research, Organization, Occupation, Learning, B cell, Female, Automation, Creative industries, Nursing, Multiverse

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- With more than 36 million U.S. workers stranded in high-churn, low-pay jobs, the status quo U.S. education and training system is failing to deliver mobility for workers and is limiting the supply of quality, skilled talent for employers to stay competitive in today's labor market.

Key Points: 
  • The most common occupations in this category include delivery/sales workers and truck drivers; retail salespersons; cashiers; janitors and building cleaners; and cooks.
  • "Front-line workers are like stem cells, with many of the capabilities needed for higher-value work.
  • "Millions of U.S. workers skilled through alternative routes possess the skills that are required for the target jobs identified in this research," said Rebecca Agostino, VP of Learning at Multiverse.
  • Organizations that adopt apprenticeships can improve economic equity and mobility for disadvantaged communities by improving access to quality jobs.

Deloitte: Travel Leaders Embrace Automation and Tech as Workforce Challenges Continue to Weigh on Industry

Retrieved on: 
Thursday, September 21, 2023
Workforce, Hotel, Travel, Retraining, Atmosphere, Aviation, Airport, Cloud computing, Frictionless, GMS, Investment, Virtual reality, Artificial intelligence, Growth, Automation, Airline, Tourism, Baggage

NEW YORK, Sept. 21, 2023 /PRNewswire/ --

Key Points: 
  • Although air travel passenger volumes and hotel occupancy rates continue to rebound from pandemic lows, the travel industry continues to face a shortage of frontline workers.
  • At the same time, a shift toward greater automation and technology integration is set to fundamentally alter the travel experience and work environment.
  • Nearly half of leading tech adopters among airport (57%) and hotel (43%) leaders expect automation to decrease labor costs.
  • Staffing challenges impacted what it is like to be a traveler, just as much as it impacted being a travel industry employee.

SkyHive Now Available in the Microsoft Azure Marketplace

Retrieved on: 
Thursday, August 17, 2023
Software, Technology, Artificial Intelligence, SkyHive, MACC, Organization, Retraining, Microsoft, Fortune 500, Video game, Azure

SkyHive deploys its ethical AI technology to Fortune 500/Global 2000 clients, many of whom are Microsoft clients.

Key Points: 
  • SkyHive deploys its ethical AI technology to Fortune 500/Global 2000 clients, many of whom are Microsoft clients.
  • “Inclusion in the Microsoft Azure Marketplace will mean that even more organizations will be able to transform from jobs to skills,” says SkyHive Founder and CEO Sean Hinton.
  • Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. said, “We’re pleased to welcome SkyHive to the Microsoft Azure Marketplace, which gives our partners great exposure to cloud customers around the globe.
  • Azure Marketplace offers world-class quality experiences from global trusted partners with solutions tested to work seamlessly with Azure.”

Highlights - Hearing on Future-proof jobs and skills training for the digital and green transition - Committee on Employment and Social Affairs

Retrieved on: 
Friday, June 30, 2023
ELA, Workforce, OECD, Retraining, ETUC, Hearing, Confederation of European Business, EU

Hearing on Future-proof jobs and skills training for the digital and green transition

Key Points: 
  • Hearing on Future-proof jobs and skills training for the digital and green transition
    29-06-2023 - 15:08
    On 17 July EMPL Committee will hold a hearing on "Future-proof jobs and skills training for the digital and green transitions".
  • Members will discuss how vital it is to ensure that the current and future workforce is equipped with necessary skills to fully reap the benefits of the green and digital transitions.
  • Reskilling and upskilling workers is a social-economic responsibility, and the involvement of social partners is crucial to accomplish this transition - a key element reflected in the "European Year of Skills 2023."
  • The hearing will include speakers from various organisations and stakeholders, notably Circle Economy, Cedefop, Eurofound, ELA, BusinessEurope, ETUC and OECD.

Cappfinity Unveils Three New Leadership Talent Solutions to Help Organizations Navigate the Fourth Industrial Revolution

Retrieved on: 
Monday, June 26, 2023
Pillar, Carbon, Altitude, Learning, Arm, Retraining, Workplace, Talent management, Organization, Acquisition, Personality, Digital, AI, Management

NEW YORK, June 26, 2023 /PRNewswire/ -- Cappfinity, a leading talent acquisition and management solutions provider, today unveiled three additions to its comprehensive suite of science-backed, leadership solutions. These new products were designed as a direct response to the imminent fourth industrial revolution, during which the World Economic Forum predicts we will need to reskill over 1 billion people by the year 2030 as a result of jobs being radically transformed by technology in the next decade.

Key Points: 
  • And the skills that were previously viewed as most important may not have the same effect moving forward.
  • To help companies navigate this transition every step of the way, Cappfinity structured these new product offerings on the framework of: define, arm, and develop.
  • And pillar three, develop, provides flexible, scalable and programmatic talent development solutions to organizations as they accelerate internal mobility, succession planning, upskill and/or reskilling initiatives.
  • To watch a comprehensive review of the latest additions to Cappfinity's suite of leadership solutions, please visit www.cappfinity.com .

Cappfinity Unveils Three New Leadership Talent Solutions to Help Organizations Navigate the Fourth Industrial Revolution

Retrieved on: 
Monday, June 26, 2023
Pillar, Carbon, Altitude, Learning, Arm, Retraining, Workplace, Talent management, Organization, Acquisition, Personality, Digital, AI, Management

NEW YORK, June 26, 2023 /PRNewswire/ -- Cappfinity, a leading talent acquisition and management solutions provider, today unveiled three additions to its comprehensive suite of science-backed, leadership solutions. These new products were designed as a direct response to the imminent fourth industrial revolution, during which the World Economic Forum predicts we will need to reskill over 1 billion people by the year 2030 as a result of jobs being radically transformed by technology in the next decade.

Key Points: 
  • And the skills that were previously viewed as most important may not have the same effect moving forward.
  • To help companies navigate this transition every step of the way, Cappfinity structured these new product offerings on the framework of: define, arm, and develop.
  • And pillar three, develop, provides flexible, scalable and programmatic talent development solutions to organizations as they accelerate internal mobility, succession planning, upskill and/or reskilling initiatives.
  • To watch a comprehensive review of the latest additions to Cappfinity's suite of leadership solutions, please visit www.cappfinity.com .

Skillsoft Learning Solutions Deliver Significant ROI According to Leading Research Firm

Retrieved on: 
Monday, March 13, 2023
Technology, Security, Other Technology, Software, Internet, Continuing, Training, Data Management, Education, Biophysical environment, Into, Total economic value, NYSE, Learning, EHS, Organization, Risk, SKIL, ROI, Culture, Workforce, Chief technology officer, Growth, Yoy, Retraining, Business, Music, Management, Tutoring, Health, Safety, Skillsoft

Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today announced results from three commissioned studies conducted by Forrester Consulting on behalf of Skillsoft quantifying the Total Economic Impact™ and benefits of the company’s learning solutions.

Key Points: 
  • Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, today announced results from three commissioned studies conducted by Forrester Consulting on behalf of Skillsoft quantifying the Total Economic Impact™ and benefits of the company’s learning solutions.
  • Forrester found that composite organizations representative of interviewed businesses using Skillsoft Leadership & Business, Technology & Developer, and Compliance solutions realized a 263% ROI, 274% ROI, and 317% ROI, respectively, over a three-year span.
  • In fact, learners are spending 37% more time year-over-year (YoY) upskilling and reskilling according to Skillsoft’s Lean Into Learning Report.
  • Savings of $9.2 million in recruiting costs – Skillsoft enabled organizations to deliver more significant employee benefits and culture improvements, leading to improved talent retention.

CFA Institute Launches Refreshed Investment Foundations® Certificate

Retrieved on: 
Tuesday, February 14, 2023
Organization, Investment, Curriculum, Human, Learning, Decentralized finance, Talent, Human resources, Fintech, State Street Global Advisors, Thought, Head, HR, Language, Empowerment, Axa Investment Managers, Diversity, CFA Institute, Ecosystem, Certification, CFA, Culture, ESG, Policy, Knowledge, Marketing, Heart, Education, Growth, Environmental, social, and corporate governance, Retraining, Vocabulary, BNP Paribas Asset Management, Security (finance), Financial adviser, Nursing, Creative industries, Management, Tutoring, Times New Roman, MSCI

NEW YORK, Feb. 14, 2023 /PRNewswire/ -- CFA Institute, the global association of investment professionals, has launched a new edition of its CFA Institute Investment Foundations® Certificate ("Investment Foundations Certificate"), a self-paced online certificate-level program that provides learners with a clear understanding of how the global investment industry works.

Key Points: 
  • NEW YORK, Feb. 14, 2023 /PRNewswire/ -- CFA Institute, the global association of investment professionals, has launched a new edition of its CFA Institute Investment Foundations® Certificate ("Investment Foundations Certificate"), a self-paced online certificate-level program that provides learners with a clear understanding of how the global investment industry works.
  • Our vision for CFA Institute is to be where the investment industry comes to skill, upskill, and reskill.
  • "This opportunity to be a part of the relaunch of the CFA Institute Investment Foundations Certificate provides Mercer team members more structured investment education, broadens their career opportunities, and contributes to our mission of inspiring a culture of lifelong learning.
  • For the full Investment Foundations Certificate details, visit: https://investmentfoundations.cfainstitute.org/
    The Investment Foundations Certificate registration is priced at is US$350.

Leading Financial Services Companies Turn to Lattice to Drive Workforce Effectiveness and Business Performance

Retrieved on: 
Tuesday, February 7, 2023
Ebook, Growth, SAN, Organization, Insurance, Thought, Retraining, HR, OKR, Workforce, Management, Sales, Lattice

SAN FRANCISCO, Feb. 7, 2023 /PRNewswire/ -- Lattice, the leading provider of people management software that empowers company leaders to build engaged and high-performing teams that drive business success, today announced significant momentum and growth in the financial services industry. Lattice now has more than 400 financial services customers leveraging their platform, representing a 40% increase in the last 12 months.

Key Points: 
  • Lattice now has more than 400 financial services customers leveraging their platform, representing a 40% increase in the last 12 months.
  • Companies in the financial services sector navigated another year of change in 2022, bringing new and evolving challenges to the forefront for HR teams.
  • Today's leading financial service companies are evolving their workplaces by introducing hybrid and remote work environments, upskilling their workforce, and developing company cultures that drive employee productivity.
  • Learn more about how Lattice can drive business success for financial services at: https://lattice.com/solutions/banks-credit-unions and industry-specific content including ebooks and articles .