Upskilling and Reskilling Independent Talent: What to Know

- In the modern business environment where change has become the norm, skill requirements frequently shift.
- When demand for new skills arises, upskilling and reskilling current workers can be a cost-effective strategy.
- Encouraging your independent contractors to pursue upskilling and reskilling opportunities is a win for both your company and the independent talent.
Today’s evolving job market requires workers to continuously adapt their skills. What many call a “skills shortage” is often just rapidly shifting demands where certain expertise becomes highly sought-after before the workforce can catch up.
The technology sector shows this clearly. Right now, artificial intelligence and machine learning skills are in peak demand, while other times, project management or digital marketing expertise takes priority.
Different Strategies for Upskilling and Reskilling Your Workforce
When facing skill gaps, organizations typically choose between:
- Recruiting external talent with the needed qualifications
- Investing in upskilling their existing workforce
The first approach often creates expensive turnover cycles. Constant hiring disrupts teams and risks losing valuable institutional knowledge from long-term employees.
The second approach—developing your current workforce’s skills—typically proves more sustainable. It builds workforce capabilities while maintaining stability and preserving company-specific knowledge.
Learn More: Building the Workforce of Tomorrow: Key Skills for the AI Era
Strategically Developing the Skills of Independent Contractors While Staying Compliant
Important note: Independent contractors operate differently than traditional employees and can’t be required to complete training. However, companies can still support their professional growth within legal limits.
For organizations using independent talent, encouraging skill development benefits both sides. To do this effectively:
Conduct Regular Skills Assessments
Evaluate workforce capabilities annually—or more often if needed. Market changes or new strategies might require extra check-ins to stay aligned.
Monitor Industry Trends Proactively
Watch for emerging skill needs and share updates with contractors. While training can’t be mandatory, offering learning resources and incentives keeps your talent pool ready.
Maintain Transparent Communication
Keep open conversations with both contractors and employees about changing needs. The frontline insights of hiring managers can guide better skill-building approaches.
Discover: How to Maximize the Potential of Your Workforce With Contingent Talent
Ultimately, these strategies create a collaborative ecosystem where organizations and independent professionals grow together—turning skill gaps into opportunities for advancement.
Categories
Subscribe to the Insights blog to get weekly insights on the next way of working
Source, engage, and manage high value talent through MBO marketplace
Learn more about MBO
Learn how to start, run and grow your business with expert insights from MBO Partners
Learn how to find, manage and retain top-tier independent talent for your independent workforce.
MBO Partners publishes influential reports, cited by government and other major media outlets.
Research and tools designed to uncover insights and develop groundbreaking solutions.