The Importance of Upskilling in Today’s Job Market

In today’s rapidly changing job market, staying relevant requires constant learning and growth. Upskilling has become a necessity for professionals who want to remain competitive, especially as technological advancements and automation transform the landscape. If you're looking to ensure your career growth, now is the time to focus on upskilling.

What is Upskilling?

Upskilling refers to the process of learning new skills or improving existing ones. This can be through formal education, online courses, workshops, or self-study. In a world where 85 million jobs could be displaced by 2025 due to automation and digitalisation, the focus on upskilling has never been more critical flip side,97 million new roles are projected to emerge in that same period, offering opportunities for those with the right skills.

Why Upskilling is Essential in Today's Job Market?

1. Technological Advancements

Technology is rapidly evolving, and industries across the board are being transformed.Whether it's AI, machine learning, automation, or data analytics, these changes demand that employees have updated skill sets. For instance, 35% of the skills that are considered important today will no longer be relevant five years from now . Learning new tech skills helps professionals stay ahead and makes them more valuable to their employers.

2. Career Growth and Security

Upskilling provides individuals with the tools to climb the career ladder. A survey from LinkedIn showed that employees who engage in learning new skills are 48% more likely to find career advancement opportunities. Developing expertise in in-demand areas not only makes you a prime candidate for promotions but also increases your job security in an unpredictable market.

3. Filling Skill Gaps

According to the World Economic Forum, 50% of all employees will need reskilling or upskilling by 2025 due to emerging technologies . This includes sectors like IT, HR and Finance, which are seeing rapid changes in required skill sets.Employers today look for candidates who can bridge these gaps by possessing a blend of traditional and modern skills.

The Impact of Automation and Job Market Trends.

Automation is undoubtedly reshaping the workforce. With automation comes a demand for who can manage, program, and troubleshoot these automated systems.

• Jobs likely to be automated: Manufacturing, customer service, and some areas of administration.
• New roles being created: Data analysts, AI specialists, software developers, and healthcare professionals.

When it comes to healthcare professionals and IT sector, TERN is here to help you getyour dream job! Want to know how, then keep reading.  

Sectors Benefiting Most from Upskilling

Some industries are experiencing significant skill shortages and are prime examples of where upskilling can make a difference:

1. Healthcare: With an aging population in many parts of the world, healthcare workers are in high demand. Upskilling in areas like telemedicine, patient management software, and healthcare data analytics can open doors to new     roles in the sector.
2. Technology: The tech industry is ever-evolving, with a constant demand for professionals skilled in cybersecurity, AI, machine learning, and cloud computing. According to PwC, the amount of companies investing in omni-channel experience has increased to percentages of over 80% from 20%.
3. Finance: The finance sector is embracing AI for data analysis, fraud detection, and customer service. Upskilling in these technologies can help finance professionals adapt to a changing landscape.
4. Education: The shift to online learning during the COVID-19 pandemic highlighted the importance of digital skills in education. Teachers and education professionals who are upskilled in e-learning technologies and platforms are better equipped for the future of education.

TERN Group’s Approach to Upskilling

At TERN, we recognise the importance of continuous learning and upskilling. That’s why we help you from the very beginning, to meet the needs of today’s professionals. From learning new languages to adapting to the latest tech trends, TERN helps you align with current job market demands.

How to Start Upskilling

If you’re interested in upskilling, here area few steps to get started:

1. Identify your gaps: Assess which areas of your industry are evolving and where you can improve.
2. Enroll in relevant courses: Consider taking advantage of online platforms like Coursera, Udemy, or specific upskilling programs offered by companies like TERN.
3. Network: Connect with professionals in your field to learn about new trends and opportunities.
4. Practice consistently: Upskilling is not a one-time activity. Dedicate time regularly to learning and applying new skills.

If you want to know more about how you can upskill, click here.

Conclusion

In today’s job market, upskilling is a must for anyone looking to stay relevant and grow in their career. With automation, evolving technologies, and changing job market trends, continuous learning has become critical. TERN is your pathway towards the best job.

Whether you want to advance in your current job or pivot to a new career path, now is the time to invest in your skills.

Ready to upskill? WhatsApp TERN at +91-7065-100-247 or visit our website www.tern-group.com for more information.

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