Investing In Employees: Developing Skills on the Job

    In part one of "Investing in Employees," Dr. Susan Manning, Chief Success Strategist at Credly, explored what happens when an organization invests in employee learning and skills training, and then quits. On the other side of skills training and development is the employee - who is increasingly relying on their employer to provide on-the-job training.
    user-circle Credly
    hourglass-01 2 min read
    5ade4abb4695b096962297 (1)-1

    In part one of "Investing in Employees," Dr. Susan Manning, Chief Success Strategist at Credly, explored what happens when an organization invests in employee learning and skills training, and then quits. On the other side of skills training and development is the employee - who is increasingly relying on their employer to provide on-the-job training.

    What happens when an employee earns a credential and then moves on to another company or role? Who “owns” the credential?

    At the recent National Wood Flooring Expo, Credly leaders engaged in conversations around the topic of employee training as an investment, with the added bonus of digital credentials. However, the lingering question about who owns the credential remained. Employees are increasingly demanding that they get to keep the credentials they’ve earned, regardless of where they’ve earned them. Having verified, transferable skills are important to a mobile workforce, now more than ever.

    What Employees Want

    As Gallup reports, today’s workers are seeking opportunities to develop skills and competencies on the job. Specifically, younger workers are looking for pathways for career development. “An impressive 87% of millennials rate "professional or career growth and development opportunities" as important to them in a job -- far more than the 69% of non-millennials who say the same.” Opportunities for education and career development attract and retain employees, especially when learning and competencies are recognized within the organization.

    Digital credentials provide a vehicle for creating a culture of recognition and can surface the skills and competencies resulting from strong learning programs. That said, digital credentials are issued to individuals, so an employee of a company “owns” the credential that accompanies the competency. This allows the employee to use the credential to justify a promotion or to use in addition to a resume when searching for employment elsewhere.

    The Importance of Opportunity

    Providing opportunities for professional development serves to recruit new talent and retain existing employees. Digital credentials mark and recognize those achievements and belong to the individual who demonstrates the competency. The simple answer to the question of “What if they leave?” is that having an employee leave in good standing with an earned credential reflects positively on you as the employer. Offering current and future employees the possibility for on-the-job training that could translate into a promotion in the future is not only good for the employee learning the skill, but also for the organization who is benefiting from having the most qualified person on the job.

    If you want to learn more about creating a digital credentialing program and the range of benefits it can bring to your organization and employees, schedule a demo with the team now!

    Schedule a Demo

    Read More

    6 Ways A Talent Investment Platform Can Create Engaging Career Paths For Your Workforce

    The workforce of the future must be as agile and adaptable as the organizations they work for.
    Learn more

    Lifelong Learning & Digital Credentials

    As the talent gap widens--there are 6.6 million open jobs in the U.S. according to the Bureau...
    Learn more

    Upskilling and Reskilling: How to Use a Data-Based Approach to Improve Engagement and Retention

    What Are Upskilling and Reskilling Initiatives, and Why Are They Important? Upskilling...
    Learn more

    How to Integrate AI in your Upskilling Approach

    Artificial intelligence is here. If you’ve ever interacted with a chatbot, listened to a new...
    Learn more

    How To Create A Productive Workforce In 3 Steps

    According to the Academy of Management, unless productivity exactly conforms to a manager's...
    Learn more

    Investing in Employees: What if We Train Them and They Leave?

    In times of economic uncertainty, Learning and Development budgets are often the first to be...
    Learn more

    Ready to Get Started with Credly’s Acclaim platform?