Women workers in India feel more confident about their skills for career advancement compared to men, according to a report on Wednesday.
The report revealed that 40% of Indian women expressed confidence in their abilities to progress professionally, surpassing the 36% confidence level among men. Moreover, 37% of women believe their employers invest in skill development for career growth, compared to just 29% of men.
Globally, the study surveyed nearly 38,000 workers across 34 markets, finding only 24% of employees confident in their skills for advancing to the next job level. Similarly, just 17% strongly agreed their employers actively invest in skill development.
India's workforce performed slightly better, with 37% of workers confident in their career progression skills and 32% believing in their employers’ investment in upskilling efforts.
ADP’s chief economist Nela Richardson emphasized the importance of prioritizing skill development. “A skilled workforce is more loyal and productive. Companies need to invest in their workers’ skills to stay competitive amidst rapid technological changes,” Richardson stated.
The report highlights a business opportunity for organizations to implement robust training programs that equip employees for future challenges. It found that many workers feel their employers could enhance efforts in providing on-the-job training.
As workplaces evolve, fostering skill growth is seen as key to building a resilient and capable workforce, according to the findings.
