Veterinary Practices Increase Profits with Training

Posted by Dr. Jim Hurrell on 5/30/19 12:00 PM

Those drawn to the veterinary medical field are often motivated primarily by their passion and dedication to animals and their well-being. From a Doctor of Veterinary Medicine (DVM) to a veterinary technician or veterinary assistant, working with animals is more than a way to earn a paycheck - it’s also about doing work that can make a positive impact on patients and their humans. Veterinary practices, whether corporate or private, that employ trained and credentialed veterinary technicians can build a team that is not only devoted to their work, but confident in their ability to effectively do that work. Even better, that confidence and passion for what they do can have a positive impact on the practice’s gross revenue. While these profits may not be the most important motivator to veterinarians and veterinary technicians, it does ensure that the practice can grow, develop, and maintain a high standard of quality patient care.

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Topics: Upskilling, Veterinary, Credentialing

How to Grow Employees for Success

Posted by Emma Rose Gallimore on 5/1/19 11:00 AM

It’s no secret that finding skilled talent is getting harder. For decades, the labor pool had been more of a labor stream. It flowed in a predictable direction and employers knew where the best fishing spots were. Students graduated from high school, went to college, then were hooked by employers who gave them a job and, in many cases, a lifelong career. In this system, schools were responsible for educating and training. All businesses had to do was stand at their trusted fishing spot and catch whatever came by.

As anyone who has been in business over the last decade or so can tell you, the old fishing spots aren’t yielding like they used to. In 2018, the number of job openings in the U.S. rose to its highest level in almost two decades. That means more than 7.34 million job went unfilled in December.  It would be nice to be able to blame someone for this change in the market. It’s easy to blame the schools, the students, or the workers, but none of them are really at fault. At least, not entirely.

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Topics: Upskilling, Apprenticeship, workforce development

Employers: Setting Clear Expectations for New Hires Saves You Money

Posted by Desiree Sinkevich on 4/25/19 11:00 AM

High employee turnover is a growing issue in a myriad of industries, from manufacturing to retail, and can cost a company over 30% of annual wages per vacant position. The Society for Human Resource Management estimates that it takes forty-two days, on average, to fill an open position and the cost-per-hire hovers around $4,129. Recruiting and retaining quality candidates is a priority for employers and, in order to find top talent that will offer a return on their investment, some are using a sense of exclusivity to cull the herd of applicants. However, in order to hire and keep employees who are passionate about what they do and who will grow with the company, transparency and inclusivity are a must. “Find a reason to hire a candidate,” Marie Davis, Penn Foster’s Director of National Employer Partnerships, says, “not a reason to turn them away.”

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Topics: Employee Retention, Employers, Upskilling

Upskilling 2.0: The Rise of Working Learners and Learning Workers

Posted by Desiree Sinkevich on 4/11/19 11:00 AM

The concept that a four-year university degree is the only path that leads to meaningful, lucrative employment is outdated. In many ways, it’s an ideal that can’t keep pace with the swift technological advancement that is impacting employers and workers in a variety of industries. Employers struggle to find trained talent to fill skilled or middle-skilled roles. Workers, many of whom rely on steady employment and income, can’t afford to take time from that work to learn in a classroom setting, let alone pay the exorbitant tuition of colleges and universities. And, if they do take that time, the degree earned doesn’t necessarily provide them with the skills that employers look for, leaving many workers underemployed at best.

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Topics: Upskilling, workforce development, Shift Happens 2

Penn Foster is a Finalist for the $1B Wage Gain Challenge

Posted by Penn Foster on 3/28/19 2:00 PM

After the Great Recession in 2008, America slowly recovered from a high level of unemployment and businesses were moving toward booming once more. But despite an improving economy, median household income has barely budged since 1999, when it hit an average of $60,000. The median income from the 2017 U.S. Census was reported at $61,372. That’s a gain of $1,372, or 2.29% over 18 years. This incremental wage growth is unable to sustain the ideals behind the American Dream: meaningful work and economic advancement opportunities for all.

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Topics: Upskilling, Skills Gap, workforce training, wage gain

Why Middle Skills Employers Should Care About the Labor Force Participation Rate

Posted by Emma Rose Gallimore on 3/13/19 12:00 PM

The labor force participation rate might seem like one of those statistics that’s more interesting to governments than it is to business leaders. However, in a tight labor market, with an unemployment rate of just 4%, employers should be concerned to learn that there are millions of potential employees in the prime of their working life who don’t have a job and aren’t looking for one. What’s worse, a disproportionate number of these people are middle skills workers.

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Topics: Upskilling, workforce training, labor force participation

Companies that are Revolutionizing Skills Training in Detroit

Posted by Emma Rose Gallimore on 3/4/19 11:00 AM

Detroit is a resilient city in the process of rebuilding a robust economic future. The path to great progress is only temporarily gated by the challenge that many workers face when seeking out the skills and education they need to thrive. Fortunately, some visionary companies have partnered with Penn Foster to create a path for these workers.

In 2013, battered by changes in manufacturing and a shift in the global economy, Detroit declared bankruptcy. That could have been the end of the story for the once-dynamic city, but Detroit is resilient. Passionate business, government, and community leaders immediately set to work to restore Detroit’s former greatness. Within 13 months, Detroit was out of bankruptcy and on the road to recovery.

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Topics: Upskilling, Upskill Detroit, Skills Forward

The Real Impact of Automation: A Skills Revolution

Posted by Frank Britt on 3/1/19 5:00 AM

You’ve heard that the biggest enemies of the skilled worker in the last two decades have been automation and the constantly improving technologies that will make human work obsolete. If a machine can complete a task more efficiently at less cost, it makes sense to invest in cutting edge technology over upskilling workers. Conventional wisdom has us fearing a fully automated workforce because it means the eradication of middle-skilled jobs in almost every industry. Before completely investing in an automated future over developing workers’ skills, consider this often overlooked, contrarian point of view: the impact of automation on the workforce will be incremental and, in fact, positive.

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Topics: Upskilling, skills solution, automation

How to Reduce Churn Among Retail Employees

Posted by Emma Rose Gallimore on 2/27/19 11:00 AM

The retail sector is under siege. Ecommerce is invading the retail space and not even industry giants are immune to their attacks. Consider the fall of Sears and Toys R Us. While retailers can’t prevent the rise of ecommerce, there is one threat they can control, employee churn.

Unfortunately, retail is notorious for high turnover rates and some business leaders are resigned to the idea that there’s nothing they can do to buck the status quo. That assumption is just plain wrong. You can reduce churn among retail employees if you give employees what they need to succeed. That means quality training and a clear path forward.

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Topics: Employee Retention, Upskilling, Retail, NRF

How Businesses Can Address America's Reskilling Challenge

Posted by Emma Rose Gallimore on 2/20/19 11:00 AM

Finding qualified workers is more challenging than ever. A low unemployment rate, the changing role of technology, and workers who are less willing to relocate all contribute to the problem. The challenge is so pervasive in such a wide range of industries across the country, that the Federal government has taken notice.

In July 2018, the Council of Economic Advisers released a report titled Addressing America’s Reskilling Challenge. The report concluded that the Federal government has a unique role to play in addressing America’s reskilling challenge. While that is certainly true, the role of individual businesses and the partners that support them, is no less vital.

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Topics: Employee Retention, Upskilling, workforce training

 

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