Skilling & Career Mobility in 2023: Top 3 HR Predictions from the World Economic Forum

How employers are using online learning and coaching to create cultures of opportunity that turn skilling into tangible career mobility.
career mobility trends in 2023
Caroline Maier

Caroline Maier

March 27th, 2023

  • Head of Strategic Partnerships at Chegg (Megan O’Connor)
  • EVP and Chief People Officer of Tyson Foods (Johanna Söderström)
  • Chief Philanthropy Officer at Workday (Carrie Varoquiers)

1. Employers will continue to invest strongly in skilling despite macroeconomic trends because it drives positive ROI.

Skilling tied to career pathways drives measurable gains in talent attraction, retention, and mobility

  • Attraction: 52% of new hires cited the Guild benefit as the a reason for joining the company in Q1 of 2022, one healthcare partner reported¹
  • Retention: Guild Learning Marketplace learners were 2.1x less likely to leave their employer in the last 12 months relative to non-engaged employees²
  • Career Mobility: 2.2X higher likelihood of internal mobility for learners in our Learning Marketplace compared to non-engaged employees²

Employers will get smarter about how they measure the ROI of their talent investments

2. Employers will focus more on what employees really care about: career mobility.

Employers will build the piping between employees who complete programs and open jobs in their organizations

HR teams will lean into their employee skilling data to fill in the gaps

“The most important and simple thing we do is give the data back to the company every month, every quarter, of who is progressing and who is completing the programs…”

Rachel Romer, CEO and Founder of Guild

3. Employers will make skilling tied to career growth an exciting (and attainable) prospect for deskless workers.

HR teams will flex new muscles to reach and engage this population using these tactics

  • Campaigning/Marketing: Physical and digital campaigns marketing tuition-free skilling programs
  • Personalized Support: 1:1 coaching that meets workers where they are (on the phone or at the warehouse) and at their current education level (high school completion, college prep, ESL, etc.)
  • Showcasing Success: Sharing stories of peers who successfully complete programs and reap the benefits
  • Career Resources: Providing free resume and interview prep to motivate learners
  • Increasing Visibility: Using internal talent marketplaces to show employees where current opportunities lay within the org

What skilling and career mobility trends will you leverage this year?

  1. 52% of surveyed new hires cited the education benefit as a factor in decision to join in Q of 2022
  2. Guild’s internal data over the last 12 months as of 01.01.2023 from employers who have provided the required data for at least 13 months post launch
  3. Average of all Return on Investment analyses conducted by Guild for employer partners as of 01.01.2023
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