The report revealed that 91 per cent of L&D professionals in India view human skills as increasingly competitive in the economy
Representational Image. Pic Courtesy/iStock
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.
ADVERTISEMENT
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 percent 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.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
