Employee upskilling & reskilling statistics: Casting light on the trend

In late 2019, the World Economic Forum issued an alert. Lack of skills was keeping CEOs awake at night. The only way to bridge the skills gap is through upskilling or reskilling programs.

As a result, we joined forces with hiring experts Workable and Training Journal, to shed light on the current state of reskilling and upskilling training.

Our key findings include:

43% of companies stepped up their upskilling/reskilling efforts after the coronavirus outbreak.42% of employees have pursued training on their own after the coronavirus outbreak.68% of companies invest in reskilling/upskilling training to handle changes within the organization and another 65% to train employees on new technologies.50% of employers target both hard and soft skills through their upskilling/reskilling initiative.
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