Udemy Launches Global Skills Gap Report
New Delhi: Udemy, the largest global marketplace for learning and teaching online, today released the “2019/2020 Global Skills Gap Report”, a special data survey report that provides a comprehensive look at the divide between job-seekers’ skills and the qualifications demanded by employers. This is the fourth consecutive year that the report has been released by Udemy and this is the first time that India has been included in the report.
The Udemy report analyses insights from employees in India, Brazil, France, Mexico and Spain and tracks their sentiment towards the skills gap in their respective countries. Key findings pertaining to India include:
92% of full-time employees in India agree that there is a skills gap in the country and 76% of them feel personally affected by it.
Two-thirds also responded that all four skill types are equally valued by their employers: Technical and Digital skills (68%), Leadership and Management skills (66%), Productivity skills (66%), Soft skills (63%).
Indian employees learn mostly through online courses (44%) and corporate professional development (34%). The majority of Indian employees (97%) are excited about learning new skills and transitioning to a new job one day.
82% agree that college education has not equipped them with the skills they need to succeed in today’s job market; 84% say that skills are changing so rapidly that their current knowledge is becoming obsolete.
The majority (92%) also say that there is so much competition in the job market that they need to be constantly upskilling.
82% agree that automation and artificial intelligence (AI) are taking away job roles and they need to reskill to stay relevant.
76% think that AI/automation will be able to do their work within the next five years.
91% have had to learn new skills to do their job effectively.
86% confirm that their employer provides professional development while 61% say they would leave their current job if that was not the case.
The overwhelming majority (94%) also say it is important for their employer to encourage and support a “constant learning/training culture” in the organization.
About half (55%) confess they have been dishonest in order to get a job or a promotion