Upskilling and Reskilling for the Future of Work

Date - January 23, 2023

Business leaders say that skill building is the best way to close the skill gap in the labor market.

  • 60% of CEOs say a strong upskilling program positively impacts their company culture
  • 41% of employers are set to focus on reskilling programs for high-performing employees.
  • 93% of Millennial and Gen Z workers expect employers to provide learning opportunities
  • More than six out of ten employers expect a return on investment from upskilling and reskilling within a year.
  • 14% of the global workforce will have to switch occupations or learn new skills by 2030 due to artificial intelligence and automation


Average Workforce Reskilling Needed by Industry

  • Information Technology – 50%
  • Professional Services – 50%
  • Automotive, Supply Chain, and Logistics – 55%
  • Healthcare – 59%
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