<\/p>\n
A new report by upskilling platform upGrad Enterprise, shared exclusively with Mint<\/i>, reveals that only 50% of 12,000 respondents received any form of training at their workplaces in 2024-25. Only 16% said they undergo quarterly training.<\/p>\n
\u201cOn one side, organisations are talking about investing in their people. But if one out of every two employees is unaware of any training opportunities, there\u2019s clearly a gap. Access to skilling needs to be improved,” said Srikanth Iyengar, chief executive, upGrad Enterprise.\u00a0<\/p>\n
This comes as skill requirements are changing fast. Employers are prioritising talent skilled in AI over traditional coding roles<\/a>, while jobs in project management, data analysis, and content marketing are seeing reduced demand, Mint<\/i> reported earlier in May.<\/p>\n \u201cThe net effect is changing skill requirements, not necessarily fewer jobs,” said Hitesh Oberoi, CEO of Naukri.com, acknowledging that while some roles will be automated, new ones will emerge in a post on the social media platform X on 19 May.<\/p>\n \u201cWith the global shortage of AI specialists and India\u2019s strong foundation in technical education, we can position ourselves as a global AI talent hub\u2014if we evolve our skilling ecosystem quickly,” he said.\u00a0<\/p>\n For now, the impact appears to be hitting the current workforce and job seekers alike. Many startups, focused on profitability or planning to go public, have slowed hiring as they determine how AI will affect their operations.<\/p>\n Major tech-driven firms like Zomato<\/a>, Cars24, and Gupshup have laid off employees in recent months<\/a>, Mint<\/i> reported.<\/p>\n When it comes to training existing talent, 60% of companies surveyed by upGrad allocate less than 5% of their human resources (HR) budgets to upskilling. Moreover, 61.5% of chief human resources officers (CHROs) reported no measurable impact from training initiatives, according to the report.<\/p>\n \u201cEnterprise upskilling in India remains underpenetrated because most firms treat it as a discretionary HR expense\u2014already a cost centre,” Iyengar said. \u201cBut it\u2019s as essential as payroll. Without the right people, a business isn\u2019t scalable or sustainable.”<\/p>\n Experts say relying on firing employees and hiring pre-skilled talent rather than training existing staff is a short-sighted strategy.\u00a0<\/p>\n \u201cA hire-and-fire model undermines India\u2019s long-term talent advantage. Unlike ageing Western economies, India\u2019s edge lies in its youthful population. To preserve that edge, we need to invest in developing talent, not just replacing it,” said Jawahir Morarji, president-enterprise business at upskilling firm Emeritus.<\/p>\n The Economic Survey 2024-25 pegs India\u2019s median age at 28. Layoffs and job replacements aimed at short-term cost-cutting could weaken this demographic advantage.<\/p>\n Moreover, bringing in new talent is expensive and time-consuming. \u201cIn high-speed sectors like information technology (IT) and fintech, new hires can take 3-6 months to become fully productive,” said Ritesh Malhotra, enterprise head at Great Learning. \u201cAs technology evolves rapidly, even \u2018pre-skilled\u2019 hires may require role-specific training after joining.”<\/p>\n The upGrad report also found that 75% of employees engage in learning only when it is mandated. At first glance, this may suggest a lack of interest from the workforce itself.<\/p>\n However, experts argue that employees often struggle to identify which specific skills they need to develop, leading to poor training outcomes and wasted resources. In many cases, programmes aren\u2019t customised to suit the needs of different teams or roles.<\/p>\n For example, Gen X workers prefer expert-led sessions, Gen Y favours flexible yet structured formats, and Gen Z leans towards immersive, on-demand learning. Still, 63% of HR leaders do not tailor learning initiatives by generation, the survey showed.<\/p>\n Of the 12,000 employees surveyed, close to 40% were CHROs, management-level or C-suite executives.<\/p>\n HR leaders from 1000+ companies participated in the survey.<\/p>\n <\/div>\n","protected":false},"excerpt":{"rendered":" A new report by upskilling platform upGrad Enterprise, shared exclusively with Mint, reveals that only 50% of 12,000 respondents received any form of training at their workplaces in 2024-25. Only 16% said they undergo quarterly training. \u201cOn one side, organisations are talking about investing in their people. But if one out of every two employees […]<\/p>\n","protected":false},"author":2,"featured_media":392754,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[440,27731,35843,35842,35844,284,263,262,260,35845,259,258,35846,2555,265,202,261,35847,35841,1203,264],"class_list":["post-392744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse","tag-ai","tag-ai-disruption","tag-ai-emerging-skills","tag-ai-job-cuts","tag-ai-skills-training","tag-artificial-intelligence","tag-axie-infinity","tag-axs","tag-decentraland","tag-enterprise-upskilling","tag-facebook","tag-game","tag-indian-job-markets","tag-job-cuts","tag-mark-zuckerberg","tag-nft","tag-sandbox","tag-unemployement","tag-upgrad","tag-upskilling","tag-vr"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/392744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=392744"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/392744\/revisions"}],"predecessor-version":[{"id":392755,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/392744\/revisions\/392755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/392754"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=392744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=392744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=392744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Too little, and it’s getting late<\/h2>\n
A shortcut is certainly not the best route<\/h2>\n