CEDA - Committee for Economic Development of Australia’s Post

“Time constraints are one key barrier identified by both workers and employers. While employers may hold off on providing training, worried that staff will take their new skills to a competitor, our analysis found participants were less likely to move jobs after receiving training.”  CEDA Head of Research Andrew Barker on why work-related training has declined in Australia in recent years. Dive into our latest report, Learning curve: Why Australia needs a training boost, to examine the findings: https://lnkd.in/gGbrxpMm #professionaldevelopment #auspol #workforce #workforceskills

𝐇𝐨𝐰 𝐢𝐬 𝐲𝐨𝐮𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐥𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐜𝐮𝐥𝐭𝐮𝐫𝐞? Australia’s workforce is facing challenges ranging from skill shortages in high-demand sectors to declining participation in work-related training. CEDA - Committee for Economic Development of Australia's latest report, "Learning Curve: Why Australia Needs a Training Boost", highlights the importance of structured learning for boosting productivity, enhancing employee satisfaction, and preparing for an AI-driven economy. Key takeaways: - Participation in work-related training has dropped by 14% since 2007, despite its clear benefits like a 20% income increase the year after training. - Time and workload remain the biggest barriers, cited by 78% of surveyed organisations. - Firms with strong learning cultures report higher innovation and resilience, while employees engaged in training are less likely to leave. TMS Tip! You can start creating a culture of learning by integrating training into daily workflows and measuring its ROI to build stronger, more adaptable teams. Read the full report for actionable recommendations: https://lnkd.in/gsKGntbA #LearningCulture #WorkforceDevelopment #Upskilling

Did you know, our recent insights into the changing skills and labour market across the UK visitor economy sector showed that only 44% of employers regularly measure training impact? Discover more about the effectiveness of training and development methods and the approaches and solutions employers are taking to enhance the skills of their teams: https://lnkd.in/emWKm85v #training #development #workforcedevelopment 

🔑 Is the fear of losing trained employees holding your business back from investing in development? A recent inquiry from the House of Lords highlights that UK employers are struggling with a "poacher's fear"—hesitant to invest in training because they worry employees will leave for other opportunities. This issue, compounded by a lack of employer-led training culture, is leaving the UK behind other countries in terms of skills development. The inquiry points to the need for a more strategic, long-term approach to skills development, with clear incentives for employers to invest in training without fearing the loss of their staff. Read the full article here: https://bit.ly/4fjGEQS #EmployerTraining #SkillsDevelopment #WorkforceDevelopment

Is the UK finally ready to fix its skills crisis? 🤔 With Skills England on the horizon, the government is taking a bold step toward closing the growing skills gap. But will it be enough? In a recent Personnel Today article, Lepaya's Impact Lead Bo Dury explores how this initiative could transform the UK workforce and what employers can learn from similar programs in the Netherlands. Here are 3 key takeaways for businesses and HR leaders: 1️⃣ Upskilling isn’t just for now – It’s about preparing for future industries and emerging technologies that will define the UK’s economy. 2️⃣ Continuous learning matters – One-off training programs won’t cut it. A commitment to ongoing skill development is key to long-term success. 3️⃣ Strategic partnerships are essential – Businesses, educators, and government must align to ensure upskilling efforts address the real demands of the labor market. Read the article via the link below to learn more  about how the new skills strategy could impact businesses and what lessons can be learnt from the rollout of similar initiatives in the Netherlands. #SkillsDevelopment #Upskilling #FutureOfWork #LearningAndDevelopment #SkillsEngland

The Future Skills Centre - Centre des Compétences futures recently launched a new publication series, State of Skills, to shed light on emerging evidence from its portfolio of innovative projects. As part of that series, I examined a range of employer-oriented projects that tested approaches to addressing barriers to #upskilling in the workplace. The cross-section of FSC projects reveal several key, inter-related, #lessons on how to better leverage employer engagement for successful #skills delivery: 👉 Willing and active participation in project design and implementation: Successful projects demonstrated commitment to having employers directly engaged as full participants throughout the project’s lifecycle, from inception to roll-out. 👉Providing early and ongoing support to employers: Piloting effective solutions is often resource-intensive, especially for smaller firms. Involving a trusted intermediary was shown to help alleviate capacity constraints among employers, notably SMEs. 👉Going beyond technical skills: Job-specific technical-oriented training interventions are most successful when they also equip participants with non-technical skills. The work of FSC has shown that there are efficiency gains when different sectors work collaboratively to deliver and accredit skills in-demand. For more information check out the report and other related publications at: https://lnkd.in/drCbUY3m

Andy Haldane, writing in the FT this weekend revealed that “UK companies’….spending on training, per worker, is about half the average among EU companies” 😯 #https://lnkd.in/eZc6AJvN He points out that there are two ways to grow sustainably: increase the workforce or boost productivity. 💥 However, the outlook is not great as “Spending on training by UK companies per employee fell by about 27 per cent between 2011 and 2022” Which means that more than 10mn workers do not have the skills they need to do their job effectively. He points to a preference to recruit than train - “it is both cheaper and easier for a company to free ride on others efforts, hiring new people with skills rather than investing in existing staff……” So why are UK companies not helping themselves by investing more in staff and skills? 🤔 Maybe some of it is the way training is seen – some see it as a tax,  (Apprenticeship Levy?) and some, a desire to “tick a box” rather than truly drive individual effectiveness and productivity. 💪 If productivity is a function of people, process and tools (typically shiny “AI” labelled black boxes from software companies)…..why are people ignored...? 😠 Thoughts welcome…. #productivityimprovement #talentdevelopment #traininganddevelopment   #https://lnkd.in/eZc6AJvN

#Upskilling isn't just for now. Here are some key takeaways that HR Leaders can learn from UK's initiative on closing skills gap and what #lessons can be learnt in rolling out similar initiatives. Read Lepaya's article,here: https://lnkd.in/gnM-usjv

🚨 Work-related training in Australia is declining, however, the benefits are undeniable! CEDA’s latest report "Learning Curve: Why Australia Needs a Training Boost" reveals that employers benefit from improved staff engagement and increased productivity when investing in training. For workers, training leads to higher job satisfaction and greater chances of promotion. 💡 Keen to explore how tailored, professional training can boost your team’s performance? Contact me today to discuss your organisation’s needs! Read the full report here:

With the latest Vocational courses being offered by IEC University, it become easy for many organisations in prioritizing the upskilling of their workforce, particularly among entry level employee. #AdmissionsatIECU #VocationalCoursesatIECU #ActivitiesatIECU #IECUniversity #IECbaddi #ThisTimeForIEC #Studentactivitysociety #IECUniversity