Dry January for hiring? Upskilling vs. recruitment

For some companies, January isn’t the best time to begin onboarding new employees. A sudden influx of applicants ready to make their New Year job change means there are plenty of people looking, but maybe your business has other plans.

If you’re looking to reduce hiring costs this year, there is something else you can invest in.

Upskilling your staff is a great alternative to recruiting new talent. It’s the best way to upgrade your team’s existing skill set, stay competitive within the industry and show them the company is committed to their personal development.

Here are 5 reasons why upskilling your employees is the best way to start the year.

1. That’s the spirit!

The office is half-empty, and everyone's wondering how one month can last such a long time. Is that the ideal time to welcome fresh faces into the mix? Probably not.

Instead, invest in the skillsets of the team you already have. It’s a great way to refocus on the year ahead, improve staff engagement and prioritise your people.

2. A toast to talent

The New Year’s resolution they didn’t tell you about is to tidy up their LinkedIn profile.

Ever noticed how the best people are always looking to job-hop in January? It’s natural for people to want a fresh start.

Keep hold of your best talent by giving them the opportunities they’re craving. Helping your employees to upskill not only boosts individual confidence but will also increase their loyalty to the business. It’s a win-win!

3. Sip on savings

How’s your training budget looking for 2024? Recruitment campaigns can cost a pretty penny, while upskilling your own staff might actually turn out cheaper if done right.

Upskilling with Skills Bootcamps can save you up to 90% off online course fees depending on the size of your business. It's cost-effective and pays off in the long run.

4. A splash of future-proofing

Upskilling is the best way to stay ahead of the curve. Equip your team with the latest skills and digital technologies, ensuring they're not just keeping up with the trends - they’re setting them.

Voilà, your future-proof workforce!

5. The productivity cocktail

Upskilling shows that you’re not just about the bottom line; you’re invested in your team’s growth and success. Once you’ve got your people on track, brace yourself for a peak in productivity that’ll leave you wondering why you didn’t start upskilling sooner.

Upskill with us

Upskilling your team with Skills Bootcamps can provide up to 90% off course fees, depending on the size of your business.

Interested? Click here to make your training budget go further.