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Upskilling existing workforce is key to AI integration, says Mercer execs

By PulseAugur Editorial · [1 sources] ·

Companies should prioritize upskilling their existing employees for future roles rather than solely focusing on layoffs or external hiring, according to Mercer executives writing for Fortune. This approach preserves valuable institutional knowledge and contextual intelligence that new hires would lack, and can be more cost-effective than external recruitment. Investing in reskilling is framed as a retention strategy, as employees increasingly desire opportunities to develop AI and digital skills, which can lead to greater loyalty and engagement. AI

IMPACT Companies can retain institutional knowledge and reduce hiring costs by upskilling existing employees for AI-driven roles.

RANK_REASON Opinion piece by industry executives discussing workforce strategy in the context of AI.

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Upskilling existing workforce is key to AI integration, says Mercer execs

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Commentary
Opinion piece by industry executives discussing workforce strategy in the context of AI.
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opinion, product
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50 days old
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Full methodology in our editorial standards.

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Ravin Jesuthasan ·

    Your future workforce already works for you

    Too often, when we hear executives talk about ushering in a new era of work with AI, they focus on job cuts and hiring new digitally-savvy talent.

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