high quality apple developer account：Poll: Upskill or reskill to stay relevant in job market

UOB Malaysia said the widespread view came amid expectations that it would be tough to secure a new job due to the economic recession.“Based on the recent UOB Asean Consumer Sentiment Study, 90% or nine out of 10 Malaysian employees see the need to reskill or to upskill." KUALA LUMPUR: Employees will need to reskill or upskill themselves to stay relevant and competitive in the post-pandemic world, in the face of an increasingly uncertain job market, according to a survey by the United Overseas Bank (UOB). UOB Malaysia said the widespread view came amid expectations that it would be tough to secure a new job due to the economic recession.“Based on the recent UOB Asean Consumer Sentiment Study, 90% or nine out of 10 Malaysian employees see the need to reskill or to upskill. “Meanwhile, 85% of Malaysian respondents believe that companies will prefer hiring people who can perform multiple functions, and 83% think employers will reduce headcount by stepping up their digitalisation efforts, ” it said in a statement. The bank said a majority of the respondents, or 78% of them expected companies to undertake retrenchments to cut costs. “Among the different age groups surveyed, concerns around job security are felt most strongly by generation Z – those between the ages of 18 and 23, ” it said. UOB Malaysia executive director and country head of Human Resources Lai Tak Ming said it is imperative for companies to have agile and adaptable workforce to weather the ever-changing working conditions due to uncertainties and disruptions. On that note, the bank said it has championed several training programmes that provide on-the-job experiences for new graduates and mid-career professionals, giving them the opportunity to develop the necessary skills to help them succeed in the banking and finance industry. — Bernama
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