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Global Workers Embrace Reskilling Amid GenAI Disruption, Assert Confidence in Job Market Negotiation

Global Workers Embrace Reskilling Amid GenAI Disruption, Assert Confidence in Job Market Negotiation
Global Talent Is Ready to Embrace Reskilling Amid GenAI Advances
  • A new report by Boston Consulting Group (BCG), The Network, and The Stepstone Group reveals that global workers are proactively preparing for the impacts of GenAI, with a focus on reskilling and maintaining confidence in job market negotiations.

  • Reskilling Readiness: 57% of workers are prepared to retrain for new roles to adapt to technological changes, showcasing their proactive approach amid AI disruption.

    • Negotiation Confidence: 64% feel empowered when negotiating for jobs, reflecting a strong belief in their market value and skills.
    • Recruitment Preferences: 54% would reject a job offer due to a negative interview experience, emphasizing the importance of a positive recruitment process.
  • Study Insights: The report underscores the shift in worker preferences driven by AI, highlighting job security concerns in East and South Asia, and a focus on learning and development in other regions like the Middle East, North Africa, sub-Saharan Africa, and Latin America.
  • Expert Perspectives: “AI presents opportunities to revolutionize recruitment and enhance skill development,” remarks Sebastian Dettmers, CEO of The Stepstone Group, emphasizing the potential for technology-driven advancements in workplace practices.
  • Strategic Implications: Employers are urged to prioritize reskilling initiatives and consider diverse talent acquisition strategies to navigate competitive labor markets and meet evolving worker expectations.
  • As the workforce prepares for AI’s transformative impact, the emphasis on continuous learning and adaptable career strategies is crucial for maintaining a resilient workforce capable of thriving in a rapidly evolving technological landscape.