Talent acquisition -- that is, hiring new people -- is a challenging way to get these new skills. Recruiting is expensive and takes a long time, and even when you do find a candidate, you can’t be sure if they’ll fit in your culture and stay.
That’s why skill acquisition with existing employees may be the more cost-effective solution, and lead to greater employee retention in the the long run. Ray Rike, President of Simplilearn, will review our recent research on how companies are using training to stay ahead of the curve.
Join Ray Rike as he explores:
- How skills acquisition is more cost effective than talent acquisition
- How training also improves employee satisfaction, retention, and profits
- How to strategically use employee training to fill future skill needs