The job market is rapidly evolving due to advancements in technology. To keep up with the competition, more and more people are turning to upskilling opportunities to stay ahead of the curve.
Emeritus has recently released its Global Workplace Skills Study 2023, which surveyed 1,720 people aged between 21 and 65 in 20 tier-I and II cities in India and revealed a striking trend – 87% of female professionals actively seek upskilling opportunities in technology-based programmes.
The survey also highlighted the growing interest among women to upskill in technology, which is almost on par with men at 88%. Moreover, women at the C-Suite level were willing to spend more out of pocket than men on their further education. On average, these female CXOs wanted to spend USD 10,000 (roughly INR 8.45 lakh) on further education within the next year.
The survey further revealed that the primary motivations for upskilling among women and men across seniority levels were to boost self-confidence, develop leadership skills, and ensure job security. Female participants across various seniority levels, including junior management (34%), middle management (27%), senior management (21%), and owners (38%) expressed the highest willingness to invest in the US$100-US$399 (roughly INR 8,000 to 34,000) price range for upskilling in a year.
The data indicates a distinctive trend where women are priming themselves to be frontrunners in the rapidly evolving tech-driven industries. Commenting on the findings, Mohan Kannegal, CEO of India and APAC, Emeritus, said, “These gender-based insights from the Emeritus Global Workplace Skills Study 2023 underscore the remarkable enthusiasm of female professionals in embracing upskilling opportunities. Women are keen to position themselves as leaders in the tech-driven job market. The data reflects a strategic approach, with women at various seniority levels dedicating significant time and resources to stay ahead in dynamic industries. We at Emeritus are glad to be a part of the upskilling revolution in the country. By partnering with leading educational institutions worldwide, we can bring world-class education to India’s cities and towns.”
As technology continues to evolve, upskilling has become an essential part of staying ahead in the job market. Women, in particular, are priming themselves to be leaders in the tech-driven industries. With the help of various upskilling programmes, women can gain the skills and confidence they need to become competitive in the job market.
