A STUDY ON THE EFFECTIVENESS TOWARDS RESKILLING AND UPSKILLING INITIATIVE

Abstarct -This research aims to explore how reskilling and upskilling programs are effective in preparing workers for future job demands. By analyzing different initiatives, training methods, and their results, the study aims to offer insights into the most effective ways to bridge skill gaps and promote career progression. For conducting this research, data is gathered via a standardized questionnaire from 158 employees of Rane groups. The questions are based on “Skill Acquisition”, “Employee engagement and satisfaction”, “Adaptability to technological advances” and “Long term career development” used to evaluate the effectiveness towards reskilling and upskilling initiatives. The study surveyed mostly male, married individuals aged 31-35 with 1-5 years of company experience and diploma qualifications. Most found skills moderately challenging and favored online tutorials. Knowledge acquisition phase was deemed useful by 96.2%. Satisfaction with current jobs was moderate. Significant differences were found in skill acquisition between groups, while other areas showed no significant variance. The results provide important understandings of the drivers of employee engagement, skill development, adaptability to technology, and long-term career growth. Using this knowledge, organizations can develop a holistic approach to talent management and strategy, promoting continuous learning, innovation, and adaptability in their culture.