The world of work is changing fast! Did you know that by 2030, a billion people will need new skills to
keep up? This is why there’s a big push for reskilling and upskilling –learning new things or improving
existing skills to stay relevant.
What is the difference between upskilling and reskilling?
Upskilling involves learning new skills or teaching workers new capabilities to enhance their roles.
Reskilling, however, entails acquiring new skills to transition into a different job or training individuals for
alternative roles.
Why is this happening?
- Technology is changing jobs: Think automation and AI. While some jobs will disappear, new ones
will be created. We need to be prepared! - Skill gap: There’s a mismatch between people’s skills and the skills businesses need. This means
some jobs are hard to fill, while others might disappear. - Education needs an upgrade: Traditional education systems are struggling to prepare students
for a future of rapidly changing work demand and are unable to prepare people for tomorrow’s
jobs. We need to become agile to focus on the right skills now.
What jobs will be in demand in Canada in 2030?
The Conference Board of Canada states that the strongest job gains in the next 10 years are expected to
be in IT, computer engineering, architecture, finance, veterinary services, and transportation. The indemand skills, including Problem-solving and figuring things out creatively, will be crucial. Tech skills:
Programming, data analysis – these will be key in many fields. Communication: Writing and explaining
things clearly will be important.
Here’s the good news:
There’s a global movement called the Reskilling Revolution to help people get the necessary skills. This
movement includes governments, businesses, and schools working together.
Today’s Examples include the World Economic Forum’s Reskilling Revolution Platform, which aims to
provide better jobs, education, and skills. According to the World Economic Forum, accelerating
education and reskilling can add $8.3 trillion to the global GDP by 2030.
Another great example is Micro-Credentials, which provide learners with knowledge and skills in shorter
timeframes, allowing them to upskill or reskill quickly without setting aside two or three years as in a
traditional certificate or diploma.
As an employer, what can you do?
To continue to be an employer of choice, you need to participate in the reskilling revolution, or you will be left behind. Employee upskilling is important for boosting staff satisfaction and retention rates and futureproofing your business, ensuring you maintain a competitive edge over competitors in your industry
The future of work is exciting, but it’s important to be prepared. By embracing reskilling, we can create a
world where everyone has the chance to succeed.
Are you interested in chatting more about upskilling and reskilling and how they affect your business?
Contact me at tracy@essencerecruitment.ca. I look forward to connecting.
Tracy Arno, CEO/Founder
Essence Recruitment Inc
