How to Prevent Employees Leaving Your Company?

Posted on September 22, 2022 by Paramita Dey | Comments(0)

Companies are in the middle of an employee turnover tsunami spurred by the Covid-19 pandemic. In the US alone, 4 million people quit their jobs in early 2021, creating economic instability across the country. That’s not all; a survey of 31,000 global workers conducted by Microsoft revealed that 41% of people are considering leaving their current company, indicating a possibility that the popular economic trend “Great Resignation’’ is here to continue even in 2022. 

How Can Employers Address Skills Gap at the Workplace?

Posted on September 15, 2022 by CloudThat | Comments(0)

According to a recent report by Korn Ferry, the global skills gap is worth $8.5 trillion, with an estimated talent deficit of 85 million workers by 2030. The brewing talent shortage is a real corporate concern, with 87% of HR managers and L&D leaders agreeing to have experienced a skills gap within their organization or are expecting the same in the next five years, as revealed in a recent McKinsey Global Survey. However, this widening gap is not a people gap. While there are a lot of job seekers out there, what comes as a shocking fact is that companies are still struggling to close open positions, especially in the tech team. 

How to Upskill Your Employees Through Experiential Learning

Posted on September 6, 2022 by Paramita Dey | Comments(0)

In the last five years, the corporate training landscape has transformed drastically. With the widening skill gap, Learning and development (L&D) leaders in every company are looking at new approaches and making millions of investments to help employees develop new skills to fill the skill gap from within the organization.