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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Employee Retraining?
What is Employee Retraining?  

What is Employee Retraining?


Employee Retraining is an attempt to train an employee again in order to make this employee more competent in the current occupation or in a new field by developing existing or new skills. It is a way for a job seeker or an employed person to get a new job or promotion by improving knowledge and necessary faculties.

Employee retraining is a critical success factor for leading organizations because technologies evolve so rapidly and those organizations have to admit that the skills set of their employees may not be sufficient to keep to the modern working environment. Retraining becomes a great way to provide workforce with new required skills and keep employees highly professional and competent.

Employee retraining can be regarded as a process of training existing workforce again or training new employees. Such a process is carried out in the following five steps:

  • Assess retraining need. An organization should identify if there’s a need to train exiting workforce for new skills and develop or deepen knowledge.
  • Determine retraining challenges. If the need really exists, then there are some retraining challenges that the organization has to handle. For example: new computer systems, new working conditions, new workers employed, business reconstruction, etc.
  • Choose retraining methods. Lectures, demonstrations, mentoring, discussions, intelligent tutoring, virtual reality, and computer-based training are examples of employee retraining methods.
  • Use materials. Books, manuals, guidelines, slides, electronic documents are some examples of retraining materials.
  • Evaluate results. The final step is to measure effectiveness of the retraining process or to indentify whether the process has addressed the need and allowed employees to obtain necessary knowledge and develop required skills.

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