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It seems as if everyone is talking about hybrid working right now. As organisations and businesses are re-awakening after lockdowns and stretching their way into the world where the pandemic still has a presence, senior leaders and managers are working out how to balance the demands of productivity, employee engagement and customer satisfaction.
Research by Josh Bersin found that it costs roughly $30,000 or more to recruit a mid-career software engineer earning £150,000-200,000 a year (recruitment fees, recruiting technology, advertising, onboarding and increased risk of rapid turnover), compared to $20,000 or less to reskill an employee.
A brilliant onboarding experience for new staff is vital for engaging employees and avoiding early losses or even worse – loss before employment has even started.
Over half the global workforce will require reskilling by 2025, according to the World Economic Forum (WEF). In it’s The Future of Jobs Report 2020, the WEF predicts that 85 million jobs will be redundant by then due to tech innovation and automation, while 97 million new roles will be created.