Retraining is more important today than ever before.
In a world that changes as fast as ours; it is inevitable that the jobs most people start working in, are going to change significantly, or disappear during the course of a working lifetime.
As a result, most adults will find retraining whether formal or informal, an inevitable consequence of being in the modern workforce.
Training is the process through which employees are able to develop new skills, improve upon existing skills, and learn new ideas or attitudes. The outcome of training is beneficial to organisations in terms of the enhanced abilities, productivity and performance of employees. These days training is not limited to acquiring initial qualifications but is ongoing in many professions. In order for training to be effective, a needs analysis is often undertaken to determine what training is actually required and who needs it.
Training is necessary for existing employees as well as new recruits. Training is needed because most individuals who take on a new role or job will not be able to fulfill all their duties to the greatest effect. Furthermore, training enhances each employee's productivity and ultimately the effectiveness and profitability of an organisation. It also increases employee satisfaction and hence retaining valued employees within organisations.
Ongoing training within a particular role or profession may also be referred to as professional development, often abbreviated to PD.
Some professional bodies require annual PD to be undertaken in order to maintain professional registration or membership.
Being conscious of the need for retraining; and maintaining ongoing retraining; is a great way of reducing your risk of unemployment. Anyone who stays up to date should have greater value to employers, and less risk of unemployment.