Employers increasingly prioritise employing professionals with job-relevant skills, a tendency that has reversed from earlier times when businesses preferred to hire competent workers. They are willing to spend money on upskilling their current workforce. The fundamental reason is loyalty, productivity, and growth, which act as the driving forces behind this progressive change. Furthermore, training the existing employee will be less expensive, rather than hiring and training a new professional. Read more
Date: October 1, 2022
Source: The Times Of India