Upskilling and reskilling are two critical concepts in the current job market that are often used interchangeably but have distinct differences. Understanding these differences is crucial for individuals, organisations, and governments as they seek to equip themselves with the skills and knowledge required for the future of work. Upskilling refers to acquiring new skills and…
Tag: Business
Ways to Boost Employee Motivation after Downsizing
During the pandemic, every company and organisation had to face a variety of challenges, and one of them was downsizing. The downsizing can either be done in one go or in batches, which can cause distress and even anger in their employees, both those who got laid off and those who were left behind. Those…
Coping with the Emotional Impact of a Layoff
Being laid off from work can be a stressful and overwhelming experience, especially if you were not told why and if you have been working on the job for a long time. For some, the layoff can become a new break for them to try something new or closure to an already strenuous relationship with…
Bad Retrenchment Practices for Companies to Avoid
In recent months, many employees have been on edge because of the sudden mass retrenchments ordered by some of the country’s top companies. Experts say that these retrenchments will continue as the world tries to recover from the pandemic. Employers even say that given the uncertainty of the market in the post-pandemic world, retrenchments should…
4 Ways to Manage a New business during Recession
Whether you are a small business owner or a large one, the word “recession” is something you don’t want to hear. Getting customers during this period can be challenging because they will be more selective over their spending. To keep the business afloat, prices are adjusted, expenses are reduced, and new investments are postponed until…
What Are The Tech Companies That Have Retrenched Their Employees This Year?
In recent months, tech companies have made headlines not for their new products and services but for the mass layoffs they are enforcing without warning. From large to small companies, they all cut their staff numbers, announce additional layoffs and sometimes, they do not fully expound why dismissal was necessary. If you are considering joining…
10 Benefits of Hiring a Freelance Recruiter
Many businesses and companies are now discovering the benefits of having a freelancer on their roster. Freelancers are now a considerable part of the workforce, and you can find a freelancer to support specific roles in your business. Why not consider a freelance recruiter if you are having problems getting recruiters for your business? Even…
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