- 40% of Indian women feel confident in career skills, surpassing men at 36%.
- Only 24% of global workers are confident in advancing skills, with 17% seeing employer investment.
- Experts stress upskilling as key to workforce productivity and competitiveness.
According to the report on Wednesday, Indian women workers feel more confident about their skills for career advancement than men.
Reports say, 40% of Indian women expressed confidence in their abilities to progress professionally, surpassing the 36% confidence level among men. Moreover, 37% of women believe their employers invest in skill development for career growth, compared to just 29% of men.
The study surveyed 38,000 workers across 34 markets worldwide and revealed that only 24% of employees are confident in their skills for advancing to the next job level. Similarly, just 17% strongly agreed that their employers actively invest in skill development.
The workforce in India performed slightly better, with 37% of workers confident in their career progression skills and 32% believing that their employers are investing in upskilling efforts.
The importance of prioritizing skill development is emphasized by Nela Richardson ADP’s chief economist. He said, “A skilled workforce is more loyal and productive. Companies need to invest in their workers’ skills to stay competitive amidst rapid technological changes,”
A business opportunity for organizations to implement robust training programs that equip employees for future challenges is highlighted in the report. It found that many workers feel their employers could enhance efforts in providing on-the-job training.
According to the findings, As workplaces evolve, fostering skill growth is seen as key to building a resilient and capable workforce.
