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Amid virus crisis, 87% business leaders prefer re-skilling over hiring: Report

virus covid-19 crisis
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The finding was made in a report by edtech firm upGrad and industry body FICCI Bengaluru: A report released on Tuesday by edtech firm upGrad and industry body FICCI said business leaders are looking to re-skill their existing talent pool, over new hirings.

The findings of the report ‘High-Impact Online Learning at Scale’ said 87% of the business leaders upGrad interviewed during the Covid-19 crisis said that they are looking to reskill over hiring.

It also said that re-skilling existing employees is always more economical than hiring new ones. Additionally, 75% of the respondents to the upGrad survey said that they considered reskilling successful, in their respective organisations.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
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Cases: 34 321 025
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Brazil
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Recovered: 0
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Deaths: 141 607
Recovered: 0
Russia
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Deaths: 237 619
Recovered: 0
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