What You Missed in May 2024

June 4, 2024

Continuous learning is an important initiative for many companies as they attempt to engage and retain their top talent. With a focus on upskilling and reskilling, organizations can show an investment in their people’s development, while also supporting internal mobility and cross-functional communication. With AI, organizations can make this learning process even easier and can bridge the gap between personal aspirations and professional advancement.

Enjoy revisiting these blogs and the many tips and tricks included with each blog post. Please help us expand our community by following us on LinkedIn and Facebook and continue to visit Truvelop’s blog for valuable insights into best practices in performance management, real time feedback and employee engagement, and how to improve the overall employee experience.

The construction industry has always dealt with labor shortages. Companies have always struggled with the seasonal nature of jobs and with replacing older, skilled laborers with younger workers. The industry will, however, start facing a larger problem. As of 2022, the construction industry needed to fill 650,000 jobs just to keep up with the backlog. On top of that, less than 20% of Gen Z said they would even entertain a job in construction.  If the construction industry hopes to fill the skilled and unskilled labor gap, then they will need to rethink what construction jobs look like and how they handle employees.

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One of the many benefits of Truvelop is the messaging our Customer Success team sends to leaders and managers each month. Through Truvelop Tips, we share best practices, proactive recommendations, and quicks tips with end users on various topics. Here is an excerpt from the most recent Truvelop Tip: Upskill and Reskill to Promote Proactive Growth.

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The Great Resignation has resulted in a mass exodus of employees from the workforce. The building service and maintenance industry has taken one of the biggest hits. At the height of the Great Resignation, between 4.1 million and 4.5 million workers walked off the job (Indeed). Building services and maintenance workers also have a high burn rate. One study found that absenteeism and employee turnover rate is as high as 37%.

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At Truvelop, we know that change isn’t just manager-driven. Employees have the ability to drive their own experience and create an environment that inspires growth and engagement. That’s why Truvelop sends out monthly Truvelop Tips directly to the employees of each of our clients. Here’s an excerpt from April’s Employee Truvelop Tip: Upskill or Reskill – Which Development Track is Right for You? 

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When managers recognize that there are gaps on the team and opportunities to build the team’s capabilities, they should first look internally to identify team members who may have the potential to fill those gaps even if they don’t yet have the skills.

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In May’s Lunch and Learn,  Harness AI to Drive Performance Development, the Truvelop team explored how managers can leverage AI to become a more effective leader. AI has become more and more embedded in the workforce, so it’s critical that organizations know how they can best leverage it as a tool. Organizations need to understand how they can use AI in a way that is embraced by their employees instead of shunned. Many teams have learned the hard way that AI requires a delicate balance, so what can you do to ensure that it’s a successful tool for you?

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Construction workers represent a large portion of our workforce but are often the most overlooked and underappreciated. It’s no secret that increased pressure, longer hours and general uncertainty in the economy are leading to burnout. In fact, surveys have shown that 42% of the global workforce is burnt out, representing a 2% rise over the last quarter.

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While AI undoubtedly offers powerful capabilities to streamline processes and enhance decision-making in the HR industry, it’s essential to recognize that it’s just a tool—a means to an end rather than a final solutionHR leaders should view AI technology as a powerful ally rather than a threat to their roles or the human-centric nature of HR. AI has the potential to revolutionize HR processes, offering unparalleled efficiency, accuracy, and insights that can enhance decision-making and drive strategic initiatives.

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The key to maintaining a competitive edge lies in the continuous development of your workforce. Upskilling, the process of teaching employees new skills or improving their existing ones, is a strategic investment that yields significant benefits for both individuals and organizations. Here, we explore the positive effects of upskilling your team members in the workplace. 

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UP NEXT…

Another way that organizations might consider to leverage AI is by strengthening their DEIB practices. With AI, organizations can reduce bias and effectively analyze any data collected to ensure that they are evolving their practices to best support their employees’ needs.

Contact us today to learn more about our modern approach to performance management and development and how it solves for retention. Don’t just take our word for it, see what our Customers have to say.

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