employer education benefits can retain and attract talent - Bijal Shah on WorkingNation podcast
employer education benefits can retain and attract talent - Bijal Shah on WorkingNation podcast

Employer-paid education benefits can attract and retain talent

A conversation with Bijal Shah, CEO, Guild
-

In this episode of Work in Progress, we’re talking about one of the many weapons in the battle for talent in the U.S. – employer-paid education benefits. Joining me in the conversation is Bijal Shah, the CEO of Guild, which delivers customized workforce and skilling solutions for companies through online and in-person courses.

Our discussion is centered around the critical need for talent development, especially in the face of rapid technological changes. “The problem that we see in the United States isn’t just a U.S. problem; it’s a global problem,” says Shah.

Analysis released by the World Economic Forum in January concludes that by 2030, 92 million jobs will be displaced. But the number of new jobs will be almost double that in the same time period. And they predict that the United States will soon face the tightest labor market in more than six decades. 

That means employers will be competing with each other for talent.

The employer-provided education benefit could be a deciding factor for a job seeker or for an employee trying to decide whether they want to stay with the company or leave.

What makes it attractive to potential and current workers? The idea that your employer is paying for you to learn important skills, which could lead to industry credentials which could lead to economic mobility.

“Accounting for the diverse needs of an employee population means offering a mix of learning programs through the education benefit: foundational learning programs (high school completion and English language learning), short-form (certificates and bootcamps), and degrees (associate’s and bachelor’s) — all suited to the needs of working adult learners,” according to Guild. 

“We optimize our learning for working adult learners,” Shah explains. “That is the population that we are most focused on. Any kind of asynchronous and online learning you can do is just really helpful when you think about the flexibility that these individuals need, when you think about the fact that they sometimes work on nights and weekends, and they don’t usually have traditional hours or traditional jobs.”

In the podcast, Shah and I discuss some of the types of training in specific industries that employers are adding to their education benefits and where she is seeing the biggest demand.

You can listen to the entire conversation here, or wherever you get your podcasts. You can also find our podcasts on the Work in Progress YouTube channel.

Episode 354: Bijal Shah, CEO, Guild
Host & Executive Producer: Ramona Schindelheim, Editor-in-Chief, WorkingNation
Producer: Larry Buhl
Theme Music: Composed by Lee Rosevere and licensed under CC by 4
Transcript: Download the transcript for this episode here
Work in Progress Podcast: Catch up on previous episodes here

Dana Beth Ardi

Executive Committee

Dana Beth Ardi, PhD, Executive Committee, is a thought leader and expert in the fields of executive search, talent management, organizational design, assessment, leadership and coaching. As an innovator in the human capital movement, Ardi creates enhanced value in companies by matching the most sought after talent with the best opportunities. Ardi coaches boards and investors on the art and science of building high caliber management teams. She provides them with the necessary skills to seek out and attract top-level management, to design the ideal organizational architectures and to deploy people against strategy. Ardi unearths the way a business works and the most effective way for people to work in them.

Ardi is an experienced business executive and senior consultant who leverages business organizational transformation through talent strategies. She uses her knowledge and experience to develop talent strategies to enhance revenue and profit contributions. She has a deep expertise in change management and organizational effectiveness and has designed and built high performance cultures. Ardi has significant experience in mergers, acquisitions, divestitures, IPO’s and turnarounds.

Ardi is an expert on the multi-generational workforce. She understands the four intersecting generations of workers coming together in contemporary companies, each with their own mindsets, leadership and communications styles, values and motivations. Ardi is sought after to assist companies manage and thrive by bringing the generations together. Her book, Fall of the Alphas: How Beta Leaders Win Through Connection, Collaboration and Influence, will be published by St. Martin’s Press. The book reflects Ardi’s deep expertise in understanding organizations and our changing society. It focuses on building a winning culture, how companies must grow and evolve, and how talent influences and shapes communities of work. This is what she has coined “Corporate Anthropology.” It is a playbook on how modern companies must meet challenges – culturally, globally, digitally, across genders and generations.

Ardi is currently the Managing Director and Founder of Corporate Anthropology Advisors, LLC, a consulting company that provides human capital advisory and innovative solutions to companies building value through people. Corporate Anthropology works with organizations, their cultures, the way they grow and develop, and the people who are responsible for forming their communities of work.

Prior to her position at Corporate Anthropology Advisors, Ardi served as a Partner/Managing Director at the private equity firms CCMP Capital and JPMorgan Partners. She was a partner at Flatiron Partners, a venture capital firm working with early state companies where she pioneered the human capital role within an investment portfolio.

Ardi holds a BS from the State University of New York at Buffalo as well as a Masters degree and PhD from Boston College. She started her career as professor at the Graduate Center at Fordham University in New York.