Responses to shifting skill needs Share of companies surveyed
Retrain existing employees
Look to automate the work
Hire new permanent staff with skills relevant to
new technologies
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
45.5%
Internal learning and development
22.1%
External online training
16.6%
Private training providers
6.8%
Private educational institutions
5.7%
Public educational institutions
3.4%
Public training providers
2 / 2
95%
85%
85%
70%
45%
45%
33%
DURATION OF RESKILLING
Less than 1 month
21.2% 1 to 3 months
15.4% 3 to 6 months
15.4% 6 to 12 months
16.8% Over 1 year
31.2% The Future of Jobs
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