EY Upskilling Survey Romania 2024
In today's context, the labor market is shaped by a complex mix of socio-economic and technological forces, driving swift and ongoing transformation. It is estimated that over the next five years, 23% of existing jobs will undergo significant changes, affecting both developed and under-developed economies. Around 60% of employees will need training or reskilling by 2027, but currently, only half have access to such opportunities.
In Romania, the level of digital skills remains low, with only 28% of Romanians possessing basic digital knowledge, compared to much higher rates in other European countries (Eurostat, 2023).
Simultaneously, employee expectations of their employers have evolved, influenced by new experiences encountered during the pandemic and emerging global market trends. Workplace flexibility, work-life balance, along with the possibility of remote or part-time work, have become essential criteria.
Additionally, employees are increasingly interested in personal and professional development opportunities, particularly in acquiring technical and soft skills necessary to adapt to new economic realities.
Thus, upskilling/reskilling programs are crucial both on a macroeconomic level, due to their impact on a country's competitiveness, and on a microeconomic level, due to their contribution to companies' productivity.
The development of these programs is a key element in meeting employees' demands and supporting the rapid transformations in the labor market, especially given the importance of technical and digital skills, particularly in the field of artificial intelligence.