Future of Jobs Report 2025

Page 193 of 290 · WEF_Future_of_Jobs_Report_2025.pdf

Upskilling and reskilling outlook 30 Global41 Would not need tra ining by 203032 Global29 Would be upsk illed in the ir current role24 Global19 Would be upsk illed and redeployed14 Global11 Would be unl ikely to upsk ill Human-machine frontier Human-machine frontier % of tasks completed by pr edom inantly people, pr edom inantly technology , or a comb ination of both Human Global Comb ination Global Technology Global ALL TASKS Now 44%30%26% 48% 30% 22% 2030 30%33%37% 33% 33% 34%Public policy Public policies to improve talent availability Share of r espondents who agr ee that the par ticular publ ic pol icy has the gr eatest potent ial to increase the talent ava ilability Economy Global ECONOMY GLOBAL Flexibility on h iring and fir ing pract ices 50% 44% Fund ing for r eskilling and upsk illing 47% 55% Provision of r eskilling and upsk illing 44% 52% Flexibility on sett ing wages 38% 38% Changes to labour laws r elated to r emote work 32% 36% Key barriers for business transformation Transformation barriers Share of organ isations surveyed expect ing the barr iers w ill hinder the ir organ isation transfor mation Economy Global ECONOMY GLOBAL Skills gaps in the labour market 60% 63% Organization cultur e and r esistance to change 44% 46% Outdated or inflex ible r egulator y framework 38% 39% Inability to attract talent to the industr y 33% 37% Lack of adequate data and techn ical infrastructur e 31% 32%Wage outlook Wage trends Share of organ izations pr oject ing the shar e of wages and other for ms of workers’ compensat ion as percentage of the company’ s total r evenues Growing Global Similar Global Declining Global 54%34%11% 52% 41% 8% Talent availability outlook Talent trend Share of r espondents who expect the ir talent ava ilability to improve or worsen in five years Improving Global average Worsen ing Global average Talent ava ilability when h iring 26% -100% +100% 29% Talent development of ex isting workfor ce 0% -100% +100% 77% Talent r etent ion of ex isting workfor ce 17% -100% +100% 40%DEI Actions Share of employers surveyed plann ing to implement the d ivers ity, equ ity and inclus ion measur e 71 Global48 Targeted r ecruitment, r etent ion and progression initiatives56 Global42 Set DEI goals, targets or quotas53 Global51 Run compr ehens ive DEI tra ining for managers and staff AI Strategy Share of employers surveyed plann ing to implement the stated strategy in response to AI's increasing capab ility and pr evalence 82 Global77 Resk illing and upsk illing your ex isting workfor ce to better work alongs ide AI79 Global69 Hiring new people w ith sk ills to des ign AI tools and enhancements appr opriate for the organ ization-spec ific sk ills62 Global49 Re-or ienting your organ ization to target new bus iness oppor tunities cr eated by AI2 / 2 Economy Profile SingaporeWorking Age Population (Millions) 3.1 Future of Jobs Report 2025 193
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