To ensure employees can step into gaps created by turnover, there are three types of employee development strategies organizations can use. Knowing the differences between the three development types is essential to employing the most effective development plan. Reskilling is an organization's primary strategy to engage its existing workforce.
Reskilling: This training type is used to help employees learn net-new skills to do a completely different job within the organization.
An organization should provide growth opportunities to their internal staff, which may help prevent future employee losses. Organizations need to develop open communication between departments to help uncover hidden talent with growth potential. Developing internal talent saves organizations time, money, and effort better spent on more significant issues.
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