Page 67 - IMDR - Journal of Management Development and Research - March2019-20

3. Job Rotation- On job skilling as part of job rotation is a conventional way

to upskill an employee
4. Job shadowing- Mentoring and coaching as part of job shadow creates

ways of upskilling
5. Informal engagement activities- Through informal engagement activities,

employee’s skills of entrepreneurial and managerial can be enhanced
significantly.

Upskilling – The Employer perspective

Cost per hire

The cost per hire of a new recruit is cost optimised as comparison to upskill an
existing employee.

Entrepreneurial work culture in SME- Because of the small size of workforce

and family- run business nature, the work-ownership as a competency is mostly
existed in SMEs and therefore upskilling directed towards ownership is less

encouraged.

Upskilling – The Employee/ Job seeker perspective

According to the Capterra survey, 86% of employees at small businesses (defined

as having 100 employees or less) consider continually learning and developing new
skills to be “very” or “moderately” important in their career:

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