Reskilling: A growing imperative in the face of tech evolution

Table of Contents

Addressing the skills gap in the tech industry

According to recent reports, approximately 90% of HR leaders predict that up to half of their workforce will need to be reskilled in the next five years. However, only a minority of these leaders, around 7%, have reported active investment in their reskilling programs, with 45% stating they have no plans to undertake a workforce transformation initiative to prepare for the changing skills landscape.

With the fast-paced evolution in technology, the demand for new skill sets is growing. This is especially true in areas related to automation, AI adoption, and the green economy. Technology adoption, in particular, is driving the need for reskilling. About 50% of HR leaders admit that job roles within their organization would transform due to shifts in required skills. This, however, poses a challenge as 34% of employers lack plans for workforce adoption of automation and AI.

Tackling talent shortages with reskilling and upskilling

Reskilling and upskilling are critical strategies to address talent shortages in the tech industry. The SALT – School of Applied Technology offers intensive training programs that aim to bridge the skills gap by providing businesses with tech-savvy professionals. SALT’s training programs are conducted by experienced senior developers, ensuring top-tier recruitment and quality training that meets market demands.

In a survey of more than 100 senior HR and talent acquisition leaders, 80% identified recruiting skilled talent as their top workforce challenge. Upskilling current employees and retaining key personnel followed closely. Talent shortages were reported to be most widespread in education, hospitality, healthcare, technology, and manufacturing.

Pioneering service providers like SALT can be instrumental in providing the necessary training for these emerging, high-demand skills. With their comprehensive reskilling and upskilling programs, SALT has been successful in transforming existing employees’ skill sets and keeping companies competitive by providing the

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