Top 5 Benefits of Upskilling and Reskilling Your Employees

Posted on August 1, 2022 by Paramita Dey | Comments(1)

With the world waking up to a new tech discovery every day, with the rising increase of future work prospects, it has become imperative for organizations to keep their employee skills up to date to constantly adapt to the changing market dynamics. While tech advancements have helped create more business opportunities, it has widened the skill gap.  According to recent statistics, more than 50% of employees will need to upgrade their skills in the next five years to fit into the evolving job roles and meet skill requirements. 87% of McKinsey Global Survey respondents agreed that they are already experiencing gaps now or are expecting them within a few years. These alarming statistics emphasize why upskilling employees is the only solution to bridge the dreadful skill gap that has been slowing down tech innovation and digital transformation of almost every organization today. 

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