The past couple years have shown that learning in a fully remote environment leaves a lot to be desired compared with in-person learning. Among school-age students, for instance, remote learning has been associated with lower test scores and has had negative effects on social, emotional, physical and mental health.
Preserving training budgets is a proactive way to help employees take on new responsibilities and perform at their peak.
An increasing number of companies are embracing skills-based hiring alongside degree-based hiring.
EOs must feel like remaking their workforces is a full-time job. Recent research shows that 60% of employers said new graduates were not adequately prepared for the workforce, while other research warns that 58% of workers will need new skills to successfully do their jobs.
When companies as widely recognized and well-established as Boeing, Walmart, and IBM start moving in a similar direction on something, it’s safe to say the idea has legs.