2023 State of Upskilling

Navigating economic uncertainty

Tech skill development: True north in today’s economy

How about this stat: 8 out of 10 tech leaders prioritize upskilling, even during an iffy economy.

 

In fact, 65% of tech executives have been asked to look for cost efficiencies in response to today’s economy, yet 72% still plan to increase their tech skill development this year.

So why isn’t skilling up getting the strikethrough?

We surveyed over 1,200 technologists, tech leaders, and HR and L&D directors across industries around the world to find out. Our 2023 State of Upskilling report gives a clear picture of the current state of tech skill development and shines a light on the skills gaps and barriers found in today’s macroeconomic environment.

It also dives into how you can build the teams you need from the talent you have.

Explore the data and you’ll discover other take-note stats, such as:

  • 47% of technologists consider leaving their job to grow their responsibilities and skill set

  • 87% of HR directors are confident in their upskilling partnership with tech leaders, but only 57% plan tech skill development together

  • 97% of HR and L&D directors prioritize internal talent over hiring for open positions 

Download the report today and learn how you can optimize your learning investment, maximize existing talent, and emerge from economic uncertainty with a competitive edge.

 

 

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