Did you know that Up to 1.4 million workers will need reskilling by 2026. Out of which for 70% of workers, the change will happen because their job type ceases to exist. At least 54% of all employees will require significant re- and upskilling. Of these, about 35% are expected to require additional training of up to six months, 9% will require reskilling lasting six to 12 months, while 10% will require additional skills training of more than a year. Check out our infographic to know about the importance of Job Re-skilling and latest job reskilling latest statistics and trends.
Infographic by Website Design Agency in Singapore
Expected average reskilling needs across companies
| Reskilling Needs | %age |
| Less than 1 month | 13% |
| 1-3 months | 12% |
| 3-6 months | 10% |
| 6 – 12 months | 9% |
| Over 1 Year | 10% |
| No Reskilling needed | 46% |
41% of employers are set to focus their reskilling provision on high-performing employees while a much smaller proportion of 33% stated that they would prioritize at-risk employees in roles expected to be most affected by technological disruption.
Only about 30% of employees in today’s job roles with the highest probability of technological disruption have received any kind of professional training over the past 12 months
74% of respondents are ready to learn new skills or re-train to remain employable in the future
Average Workforce Reskilling Needed by Industry
| Industry | %age of workforce that needs Reskilling |
| Automotive, aerospace, supply chain and Transport | 55% |
| Aviation, travel and tourism | 68% |
| Consumer | 50% |
| Energy utilities and Technologies | 49% |
| Financial services and Investors | 56% |
| Healthcare | 59% |
| Information and Communication Technologies | 50% |
| Infrastructure | 53% |
| Mining and Metals | 50% |
| Oil and Gas | 50% |
| Professional services | 50% |
84% of companies surveyed said that they were increasing their investment in reskilling programs with 53% saying that they would increase this budget by 6 percent or more
