Published May 27, 2021

Rapid Response: Upskilling and the war for talent, w/Guild Education CEO Rachel Carlson

Rachel Carlson, CEO of Guild Education, delves into the transformative role of virtual education and upskilling programs in revolutionizing adult learning, emphasizing strategic partnerships and economic models that enhance workforce equity, retention, and competitiveness.
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Episode Highlights

  • Internal Talent

    emphasizes the importance of developing internal talent to meet the growing demand for skilled workers. She argues that companies should focus on upskilling their frontline workers to fill middle-skilled positions, rather than relying on external hires 1. This approach democratizes opportunities within organizations, allowing employees like Carlos, a former Chipotle worker, to advance through education and certifications provided by Guild Education 2.

    The number one thing that can unlock economic opportunity for Americans right now is education and upskilling.

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    Carlson believes that investing in employee education is crucial for building a sustainable talent pipeline and ensuring economic mobility 2.

       

    Equity

    Upskilling programs play a vital role in promoting equity, particularly for underrepresented workers. highlights how these initiatives can create career paths and address corporate responsibility in a knowledge economy 3. Following the social movements of 2020, companies have increasingly recognized the importance of investing in diverse talent through targeted upskilling strategies 3.

    The rate of black employees who aren't using a learning and upskilling program. And in that, there's two things you're helping black talent highlight to their company. I'm investing in myself, take a risk on me.

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    These programs not only enhance skills but also help dismantle unconscious biases, fostering a more inclusive workplace 4.

       

    Strategies

    Effective upskilling strategies involve collaboration between employers and educational institutions. explains that companies like Waste Management are revolutionizing employee education by offering fully paid programs for employees and their families 5. Employers serve as distribution channels, connecting workers with educational opportunities and covering the costs, which results in a positive ROI 6.

    Companies find that 25% of their high quality applicants come if they offer a great education program.

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    This approach not only aids in recruitment and retention but also prepares employees for future roles, ensuring they remain competitive in a rapidly evolving job market 7.

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