3 Learning Formats to Consider When Evaluating Your Reskilling Solution
Human capital strategies have evolved within the last decade, most dramatically with the onset of the pandemic in 2020, which accelerated the adoption and implementation of remote work.
According to the U.S. Census Bureau, the number of people primarily working from home tripled between 2019 and 2021, reaching 27.6 million. And while the rate of companies expanding their remote options has lessened recently, there are still expected to be 36.2 million American employees working remotely by 2025.
A hybrid work model also exists. Roughly 74 percent of U.S. companies are planning to implement or are using a permanent hybrid work model, with 51 percent of employers preferring the hybrid model over others.
Whether your organization works in a remote, hybrid or in-person environment, your way of working extends to other facets like learning and development. It’s worth noting that learning and development programs can follow their own formats. Similar to how we’re seeing an increasing mix of work environments, organizations are also seeking flexible skill-building options to implement core learning and development initiatives.
Elearning, upskilling and reskilling have grown significantly within the last decade to meet evolving human capital strategies and workforce demands. Elearning alone is expecting a compound annual growth rate of 9.1 percent between 2018 to 2026, while upskilling and reskilling have seen a 15 percent increase in the number of organizations investing in these programs.
As companies look to implement skills-based training programs, like reskilling solutions, they’re faced with determining which delivery model would work best for their workforce. Companies don’t need to make this decision alone and can rely on experts to help guide them to the best skills training delivery model for their workforce.
Proven reskilling solutions offer flexible program options.
Organizations have found success in implementing skill-based training for their workforces. Whether upskilling or reskilling, companies like Amazon, PwC, IBM, AT&T and JPMorgan Chase have all implemented skills-building solutions to invest in and develop their employees. And though their training delivery models differ, each company can deliver education through effective channels that resonate with their unique workforces.
Companies like KeyBank evaluated the skills gaps within their organization and worked with reskilling experts to create a flexible, in-person program for their workforce. KeyBank’s skills-building journey changed as its needs and program evolved. Initially starting with only a few employees, KeyBank’s reskilling program, powered by Tech Elevator, has now elevated over 80 employees and experienced 100 percent retention.
Successful learning and development programs must provide a flexible delivery model to meet individual partner needs. With companies implementing differing working models, shouldn’t their training providers offer the same? Determine what to expect from each of the three reskilling program delivery types below:
1. In-person Reskilling Program
Much like the in-person working model, the in-person reskilling program is the traditional avenue companies take to reskill their employees. It is also the most heavily impacted by geographic barriers, which can limit in-person program options for companies with employees across the country.
Some reskilling programs have physical campus locations for companies to send their employees to attend the program. However, this presents a challenge when companies are looking to send employees who live outside of physical campus locations.
In-person reskilling programs can take two pathways: Employees can attend the program at a reskilling campus or be reskilled at their office.
If an organization has the space at their office, then a remote instructor could be provided or, depending on the location, can instruct on-site for in-house reskilling delivery. This in-person delivery option relies heavily on company location and the number of employees being reskilled.
2. Hybrid Reskilling Program
While most organizations implement a hybrid working model with select days of the week in person and on-site, reskilling programs typically devote program sections to being in-person rather than by the day of the week.
For example, some technical reskilling programs have capstone projects at the end of each module and the end of the program. In the past, partners have requested these group capstone projects be completed and presented in person to simulate working on a team project more accurately.
This hybrid program option is also heavily influenced by geographic barriers. If companies are reskilling employees across several states and locations, bringing them all together in person may be difficult for capstone presentations and paired programming. Reskilling providers can help companies explore their options and the best solutions in these instances.
3. Remote Reskilling Program
The most flexible reskilling program delivery model, the remote program, is unencumbered by geographic barriers. Organizations can reskill employees from across the country together in one online format.
Some remote reskilling programs also offer curriculum licensing as an option for companies to implement the curriculum themselves. This option can be done either remotely, hybrid or in person as it is dictated by the company licensing the curriculum.
Another factor influencing a company’s decision to be either remote, hybrid or in-person is the company’s current working model. Typically if a company’s workforce is in-person, they will favor in-person instruction. At the same time, a company that utilizes a remote working model will typically prefer the remote program due to the geographic locations of its staff.
When Niantic Labs started its reskilling program, it chose remote instruction to develop and invest in talent in new target markets. Reskilling can be a powerful tool to source and develop candidates in new target markets for growth and expanding organizations.
Find success with the reskilling experts.
Companies can find the proper learning and development program to meet their workforce needs, whether remote, hybrid or in-person. Reskilling solutions with flexible delivery models and experienced partners do exist in the space today. With these upskilling and reskilling programs, organizations can avoid losing to competitors or falling behind in the ever-digitizing and evolving landscape.
Tech Elevator’s team is comprised of experts in implementing scalable reskilling solutions that develop tech teams of the future with in-demand technical skills and proven results. With over 3,500 graduates and best-in-class outcomes, Tech Elevator can help your company build its workforce of the future.
Contact our team to learn how Tech Elevator’s Reskilling Program can partner with your organization.