77% Indian Firms With Skilling Initiatives In Place Offer Training To All Employees: Report

77% Indian Firms With Skilling Initiatives In Place Offer Training To All Employees: Report

77 per cent of Indian HR professionals whose organisations undertook skilling initiatives in 2020 said they request or require their employees to upskill or reskill to meet changing business needs, revealed "Skilling Today," a global report by Randstad RiseSmart.


This figure sits higher than the global average of 68 per cent of organisations when asked the same question. Among a global pool of 1,099 HR professionals and 1,142 employees, across eight countries and 20 industries, the survey took into consideration 152 HR professionals and 154 individual employees from India, representing businesses of all sizes.


The survey further found that 81 per cent of Indian companies said they maintain skills inventories – far more than any other region. While Indian companies had the highest percentage of workforce reductions, those with skilling initiatives in place were also by far the most likely (53%) to offer skilling to separated employees. In addition, they were also the most optimistic when it came to how effective that skilling was, with 98% reporting that it helped separated workers find new roles.


Among global economies surveyed, India was found to be the only region where IT skills (65 per cent) and web development (64 per cent) took precedence over soft skills (62 per cent).


In another major divergence, Indian companies' most-wanted skills for the coming year are: AI (45 per cent), adaptability (32 per cent), and creativity (31 per cent).


Across all respondents, both HR professionals and employees agree that upskilling and reskilling add value to an organization. Of those that offered skilling, nearly all employers (98 percent) said employees either fully or partially used the skills they learned to benefit the business, and 94 percent of employees said they either fully or partially put their new or refreshed skills to use in a meaningful way.



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