Ready, set, upskill: Fast track growth with digital skills

Workforce strategies to accelerate recovery

What are the in-demand skills that companies will pay a premium for?
How to mitigate talent shortages in a tight market?
What makes talented people leave good jobs – and what makes them stay put?
How can organisations future-proof their workforce?

Upskilling will play a crucial role in closing the skills gap. Employers spent on average just over $786,000 in the 2020-21 financial year, equivalent to $1,833 per employee.

Are you ready for the next set of workforce challenges?

1 in 5Today, roughly one in five companies (21%) say their employees’ digital skills are outdated.
77%77% of managers say their organisations could do more to upskill staff.
1 in 42.6 Million workers require digital skills to perform their role in Australia. This is equivalent to one in every four (24%) workers in select occupations in Australia.

Over half of employers surveyed (58%) found it challenging to attract new staff, identifying border closures as the most common barrier (27%).

Other reports

Ready, Set, Upskill: Prioritising skills for a resilient workforce

In the post-pandemic economy, digital skills are crucial for Australia's labour market as the pace of digitisation accelerates. This report is the third in a series that looks into what skills are growing the quickest across the job market, the cost business stands to lose by not addressing these gaps and the role of training to bridge the divide.

The salary trap

In a moment of change in the job market amidst economic uncertainty, this report aims to understand how these transformations impact workers and companies, in a phenomenon we call the ‘Salary Trap'.

Ready, set, upskill: Effective training for the jobs of tomorrow

Are we ready for the jobs of tomorrow? This report provides fresh insights into the skill needs post-COVID, how prepared Australians feel for a changing workplace, and how to train for the future.