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June 5, 2021
Skills Scarcity has Accelerated Upskilling and Training Initiatives Across Major
Markets
Technology and Analytics Skills Dominate the Focus
of Upskilling
• Internal learning and development remains
primary strategy for most major employers
• Online training doubled in 2020 as a result of the
pandemic
• Private trainers and partnered programs have
increased by 10% in the last 18 months
Source: Statista
Key decisions for employers:
1. How can turnover risk be reduced through
upskilling?
2. How does upskilling impact compensation?
