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Upskill or reskill to stay relevant in job market | Daily Express Online

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December 29, 2020
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Upskill or reskill to remain related in job market

Printed on: Tuesday, December 29, 2020

By: Bernama

Textual content Dimension:


Credit score: MalayMail.com

Kuala Lumpur: Staff might want to reskill or upskill themselves to remain related and aggressive within the post-pandemic world, within the face of an more and more unsure job market, in response to a survey by the United Abroad Financial institution (UOB).In a press release Monday, UOB Malaysia stated the widespread view comes amid expectations that it might be robust to safe a brand new job as a result of financial recession.
“Based mostly on the current UOB Asean Client Sentiment Research, 90 per cent or 9 out of 10 Malaysian workers see the necessity to reskill or to upskill.

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“In the meantime, 85 per cent of Malaysian respondents imagine that corporations will want hiring individuals who can carry out a number of capabilities, and 83 per cent suppose employers will scale back headcount by stepping up their digitalisation efforts,” it stated.
The financial institution stated a majority of the respondents, or 78 per cent of them anticipate corporations to undertake retrenchments to chop prices.
“Among the many totally different age teams surveyed, considerations round job safety are felt most strongly by technology Z – these between the ages of 18 and 23,” it stated.

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UOB Malaysia govt director and nation head of Human Assets Lai Tak Ming stated it’s crucial for corporations to have agile and adaptable workforce to climate the ever-changing working circumstances resulting from uncertainties and disruptions.
On that be aware, the financial institution stated it has championed a number of coaching programmes that present on-the job experiences for brand new graduates and mid-career professionals, giving them the chance to develop the mandatory abilities to assist them succeed within the banking and finance business.
The financial institution had additionally created alternatives for graduates and college college students to accumulate abilities and data via UOB Malaysia Administration Affiliate (MA) Programme and UOB Malaysia Sensible Bankers Internship Programme as they embark on new careers in banking and finance. 



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