Responses to shifting skill needs Share of companies surveyed
Look to automate the work
Retrain existing employees
Expect existing employees to pick up skills on
the job
Hire new temporary staff with skills relevant to
new technologies
Outsource some business functions to external
contractors
Hire freelancers with skills relevant to new
technologies
Strategic redundancies of staff who lack the skills
to use new technologies
Average reskilling needs Share of workforce of companies surveyed within this data
Projected use of training providers Share of companies surveyed
35.5%
Internal learning and development
25.4%
External online training
17.2%
Private training providers
8.3%
Private educational institutions
7.1%
Public training providers
6.5%
Public educational institutions
2 / 2
94%
88%
88%
76%
47%
47%
38%
DURATION OF RESKILLING
Less than 1 month
20.6% 1 to 3 months
15.5% 3 to 6 months
22.2% 6 to 12 months
19.5% Over 1 year
22.3% The Future of Jobs
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