logo
4 Skill Development Strategies To Attract & Retain The Young Workforce

4 Skill Development Strategies To Attract & Retain The Young Workforce

Forbes06-05-2025

A new study reveals that 75% of Millennials and 79% of Gen Z will actively seek a new job if their current employer doesn't offer skill development opportunities.
Younger workers will seek a new job if their employer doesn't offer skill development opportunities getty
Got training?
According to new data from Seismic, 3 in 4 Millennials (75%) would actively seek out a new job if their employer did not offer skills development opportunities. More than 3 in 4 (79%) of Gen Z said the same. That's…a big number.
Today's younger generations are fully cognizant of their need for ongoing learning. Unlike previous generations who tended to view the education/training stage of life as distinct from their career stage, most Millennials and Gen Z believe they will need to upskill continuously. And they're eager to do so—not least because it's one thing they can control in a fast-changing world.
'Millennials and Gen Z both entered the workforce during pivotal moments in history,' says Irina Soriano, VP of Strategic Enablement Services at Seismic. 'From a global recession, to a pandemic, and now the rise of AI, these generations have faced an unusual amount of change at the inception of their careers. As a result, they desire to take their careers into their own hands and one way to do this is through skill development.'
For these generations, opportunities to gain new skills at work are non-negotiable. The Seismic research indicates having access to skills development is important to 96% of Millennials and Gen Z.
I recently connected with Soriano to discuss the study's findings and find out exactly what younger-gen workers want from their skill development efforts. Here's what we covered. Where skill development is falling short
Soriano warns of a growing disconnect between the learning opportunities employees want and what employers are offering. 'Traditional skill development strategies that rely on hours-long presentations and large group settings are not as effective as they once were,' she says. 'Younger generations prefer flexible, personalized, self-service coaching and development that cannot occur in larger settings or PowerPoint presentations.'
In the absence of meaningful learning & development options at work, many younger workers are seeking out alternative, third-party training content. 'Our data revealed 68% of Gen Z respondents have already used AI-powered training tools,' says Soriano. 'While these tools are available on demand, they aren't training to speak a company's 'language' that is often crucial for skill development.
'This may not always be setting them up for success.'
Seeking alternative training is also a potential compliance issue for highly regulated industries like finance and insurance where following the latest regulation is non-negotiable for both the individual and the firm, Soriano warns. It's smarter from all angles to simply give younger workers what they want: flexible, personalized training driven by an AI-powered training platform or AI-powered coaching option. 3 best practices for learning & development
If robust skill development is so important to the next generation of workers, how should companies implement it? Soriano offers four strategies that can make learning a normal, everyday workplace standard within your culture.
1. Micro-learning. Soriano defines microlearning as small snippets of on-the-go content, delivering training directly to employees in the format they prefer. 'Consider a salesperson heading into a key deal. Through microlearning, this individual can simply go into their learning and coaching platform, select a relevant 5-minute video that refreshes their product and industry knowledge, and process that information just in time to close the deal,' she says.
'This type of enablement is exactly what Gen Z and Millennials are searching for, as 77% of Gen Z and 78% of Millennials prefer to learn new skills through video-based content, signaling a shift away from slide decks and seminars.'
The biggest benefit of microlearning is how it enables people to learn how they prefer and when they need it. 'By creating small snippets of learning that can be easily digestible, employees can pick and choose the right lessons they need at that exact moment,' says Soriano.
2. Embedded learning. 'The best way to motivate employees to spend time on learning and development is to embed skill development into daily workflows,' says Soriano. 'For example, providing employees with content to review in video waiting rooms to prepare for a meeting or inserting a 'how to' video within an existing tool to enable on-the-spot training.'
Additionally, leaders should encourage teams to set aside 15–20 minutes daily to incorporate skill development into their day. 'This can help learning and development feel more natural and routine over time,' says Soriano.
3. Defined learning. Learning just to check a box isn't productive; it must fit the need of the employee and employer. This begins with predefined skill sets that can help tailor the onboarding process to focus on exact capabilities per role. 'A well-structured talent strategy ensures skillsets are clearly defined to ensure new employees understand the specific competencies they need to acquire for success,' says Soriano. 'This makes training more relevant and impactful for new hires.
'Without a structured onboarding program aligned to skills that help employees ramp up more effectively, onboarding processes become unclear and ineffective, reducing the time to full productivity and leading to disengaged employees.'
4. Incentivized learning. While most skill development should be voluntary, all of it can be rewarded. Soriano believes that employers should focus on incentivizing and rewarding employees for prioritizing learning and development.
'Examples of incentives range from gift cards to gamification strategies like leaderboards and beyond, but the most surefire way employers can incentivize employees is through personalization,' she says. 'Leaders should identify what excites their team members to figure out the best way to motivate and reward individuals for learning.
'Through platforms like AI-powered enablement, organizations can work in real-time to personalize and engage employees with skill development.' The skill development mandate
By 2030, Gen Z is projected to comprise 30% of the workforce. Millennials already make up the largest working cohort at 34%. 'For this talent group, having the option to further their current skills, develop new skills, and learn about alternative career paths is crucial for their survival in the workforce,' says Soriano.
Business leaders can't ignore what these employees want—which should make skill development programs a top priority. To truly tap into their potential, Soriano believes that organizations need to meet these employees where they're at and provide them with self-service, on-the-go learning.
'Millennials and Gen Z's preference for adaptability, flexibility, and personalization with their skill development is a direct result of their lived experience in the workforce,' she says.
'Skill development is no longer a 'nice-to-have' for these generations, but rather a mandate.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Stocks Will Rally Despite Extended Dollar Declines, MLIV Pulse Survey Finds
Stocks Will Rally Despite Extended Dollar Declines, MLIV Pulse Survey Finds

Bloomberg

time17 minutes ago

  • Bloomberg

Stocks Will Rally Despite Extended Dollar Declines, MLIV Pulse Survey Finds

US equities will put the worst of this year's trade-war turmoil behind them and rally to fresh highs in 2025, according to a survey of Bloomberg subscribers who attended a panel discussion on macro trends. The S&P 500 will climb to 6,500 — a better than 9% increase from Thursday's close — by year-end, according to 44% of the 27 responses in a Markets Live Pulse survey. The index was seen reaching that level by the first half of next year by 26% of participants, with 11% saying it would happen in the second half and the remainder estimating 2027 or later.

Philadelphia's Teenshop, a college prep and mentorship organization, celebrates 40 years of "Girls with Goals"
Philadelphia's Teenshop, a college prep and mentorship organization, celebrates 40 years of "Girls with Goals"

CBS News

time17 minutes ago

  • CBS News

Philadelphia's Teenshop, a college prep and mentorship organization, celebrates 40 years of "Girls with Goals"

Twenty-four years after graduating, the impact of Teenshop still brings Nadia Frazier to tears. "No one understands the power of Teenshop if you utilize it the right way," Frazier says. Now her own daughter, 14-year-old Diana, is a part of the non-profit program that's helped mold thousands of girls from our region for four decades. "I'm usually the shy kid, just me, meeting people who look like me, it made me feel more comfortable," says Diana. "She's doing so much, she's learning so much," her mom added. It's all about exposure for Teenshop members. From college prep, to mentorship, trips, and life skills, it's all because of the work of Elleanor Jean Hendley. "She's amazing, I love her so much," Diana said of Hendley. "She's so persistent in what she does." CBS Philadelphia CBS Philadelphia CBS Philadelphia Hendley worked as a reporter and host at CBS Philadelphia for 25 years. Hendley started Teenshop in 1985 in her free time to give back. "There's just no better feeling than when you see how they blossom and how they grow," Hendley told us. "Forty years later, three chapters, 3,500 alumnae, 100% college acceptance. I'm still amazed by it all," she said. "They not only survive, but they thrive and can really aim high as they're reaching for their dreams." As the organization embarks on the next 40 years, Diana — who plans to become a pediatric nurse — vows to remain part of the sisterhood, with her mom by her side. "I'm so excited for her, I'm so excited for her future, and it starts now," Nadia said. "I just can't put it into words," Diana continued. "I'm very grateful for this opportunity."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store