Easy to learn, a leading online bootcamp offering digital skills training, published the results of its mid-year 2022 Student Development Survey.
The report highlights employee career development trends over the past 12 months and expectations for the coming year. The survey was conducted to understand professionals’ career trajectories over the past year—the obstacles they faced, what they did differently to advance their careers, the impact of those actions, and insight into new skills they learned or plan to learn. The survey collected responses from 750 students and found that 64% expect economic growth to continue and the pandemic to disappear. 69% plan to devote more time to training, while 72% want to change employers or completely turn to a new career.
Commenting on the survey, Dr. Will Wei Lin, Chief Marketing Officer, Simplilearn, said,
“The pandemic has affected professionals regardless of gender or age. This has also been a challenging time for many in terms of career development. However, it is promising to see optimism about development after the pandemic, and there is no doubt that the importance of continuous learning has come to the fore during this time. 2022 was a year of transition. Digital transformation has come a long way since the start of the pandemic in 2020. Businesses today fully understand the need for a digitally skilled workforce. Furthermore, according to survey findings, positive employee sentiment toward overall economic growth is also extends to their individual needs for professional growth and development. We have seen a steady upward trend among professionals and students in honing the latest skills.“
He further added,
“What’s interesting is that the desire to learn is prevalent at all levels and not limited to entry-level employees, with 77% of CXOs and leaders saying they plan to spend more time learning this year. This finding also points to a dynamic and rapid shift in industries that require all professionals, regardless of designation, to quickly and effectively upgrade new age skills.Upskilling has become a high priority for all employees and businesses, and we aim to continue empowering students with relevant digital economy skills.“
At the same time, the ongoing competition for technology talent has convinced some organizations to hire candidates who demonstrate good soft skills and a willingness to learn new technology skills to meet the demands of their new positions. As a result, individuals who demonstrate responsibility for their own skill development and a history of continuous learning are in a better position to compete for open positions and command higher wages.
Insights from the survey report indicate the following:
64% of respondents are optimistic about economic growth and believe that the pandemic will disappear
While there is some uncertainty regarding the continued economic recovery and the course of the COVID-19 pandemic, CXOs and VPs/Heads of Department are the most optimistic about the recovery from the pandemic. People in large companies (5,000 to 9,999 employees) are optimistic about the end of the pandemic, but somewhat less confident about the economic recovery.
The lack of critical skills was seen as the biggest challenge for the respondents
While 37% of respondents cited a lack of skills certification or new job skills as a barrier to career development, 18% cited a lack of soft skills such as verbal and written communication, supervisory skills, and presentation.
Data science and project management were the top skills students chose to improve
28% of respondents who planned to excel in their current roles and 30% of those who wanted to transition to a new career indicated an interest in skills such as Data Science, Digital Marketing and Project Management.
Both large and small businesses emphasize continuous learning
75% of employees at very small companies (fewer than 50 employees) and 73% of people at very large companies (over 10,000 employees) said they plan to spend more time learning in the coming year. One takeaway from this finding is that small business employees need to keep their skills up to date with new technologies and want a well-rounded skill set. Another insight is that large companies value continuous learning and encourage their employees to refresh their skills.
77% of CXOs plan to spend more time learning this year
Organizations at the top and bottom are most interested in learning and improvement. 77% of CXOs said they plan to spend more time learning in the coming year (compared to 69% of all respondents). 72% of individual contributors said they plan to spend more time studying in the coming year.
Simplilearn is the world’s #1 online bootcamp for digital economy skills training. It offers access to first-class job training to individuals and companies worldwide. Bootcamps are designed and organized in collaboration with world-renowned universities, top corporations and leading industry bodies through live online lectures featuring top industry practitioners, sought-after trainers and global leaders.
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