Why professionals should look forward to re-skilling and up-skilling courses

In 2022, the percentage of the workforce looking to upskill has grown dramatically. As the world grapples with new office dynamics, a hybrid model of working and lasting impact on the way we work, there is a need to rethink professional development from a fresh perspective.

One of the most noticeable differences in the Indian workforce is a greater desire to continue learning and bring new talents to our employment. Because change is relentless, the new Indian professional has realised that he/she must adapt to meet the ever-changing needs at work.

Understanding upskilling and reskilling

Employee upskilling consists of training that allows them to perform better in their current employment. This also helps the organisation to remain competitive and adaptable as the industry changes. Furthermore, emerging technologies and new business paradigms demand the acquisition of new abilities that complement and enhance old ones.

On the other hand, the practice of teaching people to do tasks that are unrelated to their current job is known as reskilling. This signifies that the employee will be trained for a new position inside the organisation. Many businesses launched reskilling efforts during the pandemic in order to keep operations functioning with fewer workers and supply chain disruptions.

Upskilling and reskilling are critical today

Major corporations have adopted new trends requiring frequent updates, particularly during the pandemic, which has encouraged people to upskill and reskill in order to stand out. Reskilling and upskilling have grown increasingly crucial in the workplace, and many businesses have implemented measures to meet the requirement for constant staff training. According to Statista, 75 percent of employees globally reported they were very satisfied with their company’s reskilling and upskilling trainings in a poll performed in 2022.

Even those with an extensive job experience have expressed an interest in learning more about data science and advanced technology. Regardless of their professional route, a large percentage of participants reported an interest in AI, analytics, and machine learning. According to Statista, the number of jobs generated by artificial intelligence (AI) worldwide is expected to reach 2.3 million in 2022, with 1.8 million job eliminations in the same year.

Attitudes are changing and professionals are upgrading their skills

Learning had traditionally been associated with physical courses, but the pandemic has resulted in a seismic shift in how learning is accessed. Professionals and executives can now access the best of education from the world’s top universities and highly rated faculty through online channels. Thanks to online learning which has leveled the playing field, giving unprecedented opportunities to those who might not have been able to attend classes in traditional settings.

Accessibility has shifted in recent years, allowing these trained experts to take upskilling and reskilling courses at their leisure.

Upskilling through online education

The job market gap has widened as the employable population has grown more capable, making the competition more intense. This has prompted many professionals to look for courses that would help them stand out in a sea of resumes. Several experts that chose AI and the cloud estimated a potential 50% increase in their compensation. A big number of recruiters have also been looking to upskill workers through these online courses.

This has enabled students to pursue borderless career and education opportunities, as we now see people from all over the country apply for Tier 1 city employment or even try their luck abroad.

Assisting in advancement

While many people have been going to private platforms to broaden their skillset, the government has also been working on initiatives to upskill India. To promote remote and self-paced learning, the National Association of Software and Services Companies (NASSCOM) launched the Future Skills PRIME Beta Platform in 2020. This curriculum included classes in artificial intelligence (AI), the Internet of Things (IoT), robotic process automation, cloud computing, additive manufacturing/3D printing, blockchain, and other topics that corresponded to the courses taken by modern professionals and the workforce of change. The courses were developed in response to the anticipated growth in the growing technology industry. 

Upskilling and reskilling have become indispensable to the career growth of professionals. Organisations that are looking at professional development for their employees can look at custom training programs offered by many EdTech players. Individuals have a wide range of choice for professional development, upskilling and reskilling with a plethora of open programs from the world’s top universities now available in a LIVE online format, allowing them to enhance their skills without disrupting their career.

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