94 pc of Indian firms plan to boost workers' skills, abilities this year: Report

by IANS |



New Delhi, Feb 27 (IANS) About 94 per cent of Indian companies plan to enhance their employees' skills and abilities, and 53 per cent are looking to provide online training and development programmes in 2024, a new report said on Tuesday.


According to the professional networking platform LinkedIn, upskilling employees, aligning learning programmes to business goals, and creating a culture of learning are the top three focus areas for India's learning & development (L&D) professionals in 2024.


"With skills for jobs globally expected to change 68 per cent by 2030, we are seeing a greater emphasis on learning both technical and soft skills with a majority of employers surveyed agreeing that this balance will be critical for organisations to succeed in the age of AI," said Ruchee Anand, Senior Director - Talent, Learning and Engagement Solutions, LinkedIn India.


The report surveyed 4,323 hiring managers in the UK, Ireland, France, Germany, Italy, Spain, the US, India, Australia, Singapore, Japan, Indonesia, China, the Netherlands, Sweden, MENA, and Brazil.


Amid rapidly changing skill requirements due to AI and automation, the report mentioned 98 per cent of employers in India noted significant shifts in the skills they prioritise for job candidates.


Companies now value candidates with not just AI expertise, but also soft skills and a capacity for learning.


The report revealed that 91 per cent of L&D professionals in India view human skills as increasingly competitive in the economy.


Moreover, the report highlighted that 48 per cent of India's hiring managers are providing career progression opportunities to their existing employees.


They also believe "helping employees build the skills needed for the future of work" (38 per cent) and "providing competitive salaries and benefits" (31 per cent) are key to retaining top talent.



Latest News
Samruddhi Expressway: The New Growth Corridor Shaped By Devendra Fadnavis For Maharashtra's Economic Future Thu, Oct 31, 2024, 03:53 PM
Fadnavis's Push for Long-Term Water Solutions for Marathwada Thu, Oct 31, 2024, 03:49 PM
Study shows Covid led to a decline in outdoor activities Thu, Oct 31, 2024, 03:31 PM
Youth arrested for raping deaf, mute woman in West Bengal Thu, Oct 31, 2024, 03:18 PM
3rd Test: Not going to sugarcoat it, team is hurting after series defeat, says Gambhir Thu, Oct 31, 2024, 02:38 PM
Indian team a little bit shell-shocked in terms of what has happened, says Tom Blundell Thu, Oct 31, 2024, 02:35 PM
'It will be great for cricket': Wasim Akram hopeful of India travelling to Pakistan for Champions Trophy Thu, Oct 31, 2024, 02:26 PM
Diwali affirms ideals that inspire Australians: Anthony Albanese Thu, Oct 31, 2024, 02:06 PM
Hyundai Motor unveils new hydrogen-based EV concept Thu, Oct 31, 2024, 12:43 PM
Samsung Electronics signals progress in HBM chip supply to Nvidia Thu, Oct 31, 2024, 12:27 PM
Indian market opens flat on Diwali, L&T and Sun Pharma top losers Thu, Oct 31, 2024, 12:20 PM
BCB oust 11 directors including former president Nazmul Hassan Thu, Oct 31, 2024, 12:11 PM
EU grants Zimbabwe over $81 million for development Thu, Oct 31, 2024, 12:07 PM
Telangana government adopted Indiramma as role model: Revanth Reddy Thu, Oct 31, 2024, 12:01 PM
Bengal bypolls: Deployment of CAPF increased substantially Thu, Oct 31, 2024, 11:42 AM