Connect with us

Technology

New Data Shows U.S. Employers and Workers at Odds on Skills Development

Published

6 months ago

on

D2L Survey Also Reveals Opportunities to Help Build on Common Ground

TORONTO, July 3, 2024 /CNW/ – D2L, a global learning technology company, released new research today showing that while employers and employees equally recognize the critical need to offer and pursue skills development, continuous upskilling is not yet the norm for most employees.

New data collected by D2L and Morning Consult in early 2024 shows that employers and employees across the United States recognize the value of investing in learning and development for higher retention, productivity, and adaptation. However, employee uptake of learning and development offerings remains a challenge – and barriers like time, money and a lack of motivation can often impede their pursuit of new skills. 

The results of the U.S. based survey of employers and employees show:

82% of learning and development leadership rank talent acquisition and retention as the most concerning human resources challenge facing their organizations today.83% of employees recognize that ongoing skills development is important to their overall job performance, signaling a strong interest in continuous upskilling opportunities.41% of employees would look to their current employer first for building job- or industry-specific skills, while only 17% would look to a community college and only 14% would seek out a university for the same training.The primary motivators for employees pursuing additional education or training are increased earning potential (64%) and career advancement opportunities (44%).

However:

Only half of employees (51%) have completed any formal education or training outside work in the past five years.Time constraints (42%) and a lack of motivation (35%) are the top-rated barriers for employees to pursuing additional training or education at their jobs.Although 42% of employees prefer online education or training to in-person-only offerings, only 29% of organizations report using education technology to deliver training.

“What this data shows us is that there is a clear opportunity to help make a positive change when it comes to upskilling that could dramatically shift the way employees learn and grow while strengthening organizations,” says John Baker, Founder and CEO of D2L. “At D2L, we’ve seen firsthand how integrating technology can help enhance training delivery and help management address skills gaps and foster a culture of continuous improvement. Learning and development is no longer a nice to have but a necessity to help ensure the workforce is equipped to meet the evolving demands of the modern workplace.”

D2L’s report Invest, Upskill, Excel explores the data in-depth and offers strategic recommendations for learning and development leaders to help bridge the skills gap within their organizations and build a more engaged, productive and innovative workforce. The report’s recommendations include:

Recognizing that your talent strategy is your business strategy. Continuous skills development is important not just for individual growth but also for organizational resilience and success. Learning and development opportunities should be not only relevant and engaging, but also directly aligned with business goals.Prioritizing strategic learning opportunities. Tailored, outcome-focused learning experiences can help ensure that employees receive training that is directly applicable to their job functions, enhancing their engagement and effectiveness, and ultimately creating a stronger, more resilient workplace.Leveraging metrics to track return on investment. Establishing a robust framework for tracking and analyzing the upskilling outcomes of training programs can significantly enhance their effectiveness and alignment with business goals.Integrating education technology to help enhance learning delivery and management. As organizations seek to meet the diverse needs of their workforce, leveraging technology can help enhance both the delivery and management of training initiatives.

Read the report Invest, Upskill, Excel in full here.

About D2L 
D2L is transforming the way the world learn – helping learners of all ages achieve more than they dreamed possible. Working closely with clients all over the world, D2L is supporting millions of people learning online and in person. Our growing global workforce is dedicated to making the best learning products to leave the world better than they found it. Learn more about D2L for K-12, higher education and businesses at www.D2L.com.

© 2024 D2L Corporation.

The D2L family of companies includes D2L Inc., D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L EU B.V., D2L Asia Pte Ltd,D2L Brasil Soluções de Tecnologia para Educação Ltda. and D2L Sistemas De Aprendizaje Innovadores, Sociedad De Responsabilidad Limitada De Capital Variable

All D2L marks are trademarks of D2L Corporation. Please visit D2L.com/trademarks for a list of D2L marks.

All D2L marks are trademarks of D2L Corporation. Please visit D2L.com/trademarks for a list of D2L marks. All other trademarks are the property of their respective owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-data-shows-us-employers-and-workers-at-odds-on-skills-development-302189245.html

SOURCE D2L

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

CSharpCorner Announces 2025 Industry-Leading Conference Lineup to Drive Education and Innovation in Software Development

Published

11 minutes ago

on

December 27, 2024

By

NEW YORK, Dec. 27, 2024 /PRNewswire/ — CSharpCorner, the world’s premier developer community, is excited to announce its 2025 lineup of industry-leading conferences, addressing the growing demand for events that drive education, networking, and innovation in all areas of software development, including Web3 and AI. These conferences, attended by hundreds of thousands annually, continue to provide valuable opportunities for developers to Learn, Earn, and Grow.

CSharpCorner’s 2025 calendar offers a dynamic mix of virtual and in-person events, providing cutting-edge content, career growth opportunities, and networking with industry experts to support a thriving developer ecosystem.

2025 Conference Lineup:

March: .NET Virtual Conference. A premier event showcasing the latest advancements in .NET technologies, tools, and frameworks to help developers stay at the forefront of innovation.May: Modern Database Conference. Focused on modern database systems, this conference covers trends, solutions, and best practices for efficiently managing data.June: Code Quality Conference. Dedicated to improving software quality, the event explores techniques, tools, and methodologies to write cleaner, more efficient, and maintainable code.July: Cloud Summit. A comprehensive summit covering the major cloud platforms—Amazon Web Services, Microsoft Azure, and Google Cloud—helping developers build, scale, and deploy cloud-based solutions.August: Software Architecture Conference – A deep dive into the principles, strategies, and best practices of software architecture, empowering developers to design scalable and robust systems.October: Action AI Conference & BCrypt Conference. The Action AI Conference highlights the latest breakthroughs in Artificial Intelligence, while the BCrypt Conference focuses on Web3 technologies, blockchain, and decentralized solutions.November: Frontend Days – Angular, React, Vue, and Blazor. A must-attend event for frontend developers to explore trends, frameworks, and tools in building dynamic and engaging user interfaces.December: Growth Mindset Conference. Designed to inspire and motivate, this event focuses on personal and professional development to help developers thrive in their careers and embrace a growth mindset.

“At CSharp, our mission is to empower developers by offering platforms where they can access cutting-edge content, connect with like-minded professionals, and advance their careers,” said Mahesh Chand, founder & CEO of CSharpCorner. “Our 2025 conferences are designed to meet the evolving needs of the developer community, driving innovation in areas like Web3, AI, cloud computing, and software architecture.”

CSharpCorner plays a pivotal role in supporting developers worldwide, equipping them with the knowledge and tools they need to succeed in an ever-changing technology landscape.

View original content to download multimedia:https://www.prnewswire.com/news-releases/csharpcorner-announces-2025-industry-leading-conference-lineup-to-drive-education-and-innovation-in-software-development-302339766.html

SOURCE CSharp Inc

Continue Reading

Technology

Nest Partners with Dinari to Deliver Real World Yield Through First Tokenized Blackstone ETF on Plume

Published

11 minutes ago

on

December 27, 2024

By

NEW YORK, Dec. 27, 2024 /PRNewswire/ — Nest, the flagship RWA staking protocol exclusive to Plume Network, today announced the first tokenized Blackstone ETF vault through its partnership with Dinari. Nest’s new permissionless vault features the Blackstone Senior Loan ETF, and will deliver real world yields to DeFi users once the vault is launched on Plume mainnet. This announcement marks a significant expansion of Dinari’s long-term partnership with Plume, as the established tokenization platform brings institutional-grade assets into the rapidly growing Plume ecosystem.

The first tokenized Blackstone ETF on Plume Network joins Nest’s suite of yield-generating solutions, which includes the Treasuries Vault for professional firms and the High Yield Vault for growth-focused strategies.

“By launching this first-ever tokenized Blackstone ETF vault, we’re creating new opportunities for users to access institutional yields,” said Teddy Pornprinya, Co-founder at Plume. “Our partnership with Dinari transforms traditionally exclusive products into accessible opportunities through permissionless infrastructure.”

Through this latest vault, users who stake stablecoins into a vault on Nest receive yield tokens that appreciate in value as SRLN.d, Dinari’s tokenized version of the SPDR Blackstone Senior Loan ETF, generates returns. The ETF provides strong downside protection through floating rate yields indexed to SOFR (Secured Overnight Financing Rate).

The vault benefits from SRLN.d’s key features: competitive yields with automatic dividend accrual and reinvestment, full backing by the underlying Blackstone ETF, and guaranteed 1:1 USDC redemption. Blackstone oversees the management of the underlying assets, while Alpaca Securities provides brokerage services for asset transactions.

The floating rate structure provides natural protection against interest rate fluctuations. Blackstone’s ETF is included in a variety of vaults on Nest, where it provides the base level stability and yield. It’s paired with liquidity from yield-bearing stablecoin protocols Mountain and M^0, serving both retail users and liquidity providers.

Nest’s infrastructure has been secured by multiple firms. The protocol’s smart contracts have been audited by SlowMist, while Trail of Bits and Zellic have audited the broader protocol infrastructure. All Nest vaults, including this latest offering, are assessed by institutional risk manager Cicada Partners.

The integration of Dinari’s Blackstone ETF products marks only the beginning of a longstanding collaboration between Nest and Dinari. Future plans include deeper integration through shared global neobank initiatives and expanded access to highly liquid, yield-bearing assets, all powered by Plume’s infrastructure.

This growing partnership will continue to bring institutional-grade investment opportunities to Plume’s expanding ecosystem of protocols and users.

About Nest
Nest is a flagship staking protocol for users to earn RWA yield on their stablecoins. Designed to be a precisionless way for global users to deposit into vaults, the protocol lets fund managers, issuers, and RWA protocols create their own structured offerings. Audited by Trail of Bits and Zellic, Nest leverages Plume’s unique infrastructure to let its global user base participate in traditionally limited asset classes. For more information, visit https://nest.credit and https://x.com/NestCredit

About Dinari
Dinari is at the forefront of delivering innovative digital economy solutions, empowering individuals and organizations alike. With a steadfast commitment to transparency and accessibility, Dinari specializes in blockchain-based offerings, including the pioneering Dinari Securities-Backed Tokens (dShares), ensuring direct exposure to globally esteemed assets with unequivocal 1:1 backing. For more information, visit https://dinari.com

About Plume Network
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs. For more information, visit https://plumenetwork.xyz

CONTACT: press@plumenetwork.xyz

View original content to download multimedia:https://www.prnewswire.com/news-releases/nest-partners-with-dinari-to-deliver-real-world-yield-through-first-tokenized-blackstone-etf-on-plume-302339779.html

SOURCE Plume Network

Continue Reading

Technology

Strictly Money Launches Crowdcube Campaign, Inviting European Investors to Fuel its Growth Journey

Published

1 hour ago

on

December 27, 2024

By

LONDON, Dec. 27, 2024 /PRNewswire/ — Strictly Money Ltd, the London-based fintech, has launched a crowdfunding campaign on Crowdcube to invite European investors to fuel its next phase of growth. Crowdcube, Europe’s largest private market investment platform, has powered success stories like Revolut, Qonto, and Monzo. Regulated by the UK’s Financial Conduct Authority (FCA), Crowdcube provides a trusted and innovative platform for investors to participate in transformative ventures.

Strictly Money’s primary objective with this campaign is to accelerate its growth, fuel product development, and expand its shareholder base. The funding will enable Strictly Money to launch its payment card and banking app in early 2025 and to strengthen its market presence in Scandinavia, the UK, and Ireland. The company plans to introduce hedge fund returns products, broadening investment options for consumers by the end of 2025.

Discover how you can be part of Strictly Money’s growth journey by visiting our Crowdcube campaign at https://crowdcube.getstrictlymoney.com.

Will Povey, CEO and Co-Founder of Strictly Money, said: “At Strictly Money, our vision is to empower everyday investors with access to wealth-building tools and opportunities that were previously reserved for high-net-worth individuals. With this crowdfunding campaign, we aim to bring together a diverse community of investors who share our passion for financial innovation and inclusivity. This funding will not only help us launch our innovative debit card and app but also drive the development of new products that deliver real value to our users.”

About Strictly Money:

Strictly Money is a UK-based financial technology company set to launch a debit card and a cutting-edge banking app in early 2025. The company aims to democratize access to high-performing hedge fund returns, providing innovative investment strategies and financial solutions tailored to investors, savers, and entrepreneurs. Strictly Money’s mission is to open up premium investment opportunities traditionally limited to high-net-worth individuals (HNWIs). For more information, visit https://strictly-money.com.

For media inquiries contact:
Mary Prendergast
Email: ir@getstrictlymoney.com 

Important Notice: 

Investing in startups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. It should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Please read the full Risk Warning on Crowdcube’s website before deciding to invest.

Logo – https://mma.prnewswire.com/media/2588210/Strictly_Money_Logo.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/strictly-money-launches-crowdcube-campaign-inviting-european-investors-to-fuel-its-growth-journey-302339702.html

Continue Reading

Trending