Upskilling and reskilling outlook 40 Global41 Would not need tra ining by 203029 Global29 Would be upsk illed in the ir current role22 Global19 Would be upsk illed and redeployed10 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 39%30%31% 48% 30% 22% 2030 26%35%39% 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 Fund ing for r eskilling and upsk illing 63% 55% Improvements to publ ic educat ion systems 63% 47% Provision of r eskilling and upsk illing 59% 52% Changes to labour laws r elated to r emote work 50% 36% Flexibility on h iring and ﬁr ing pract ices 41% 44% 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 63% 63% Organization cultur e and r esistance to change 43% 46% Inability to attract talent to the industr y 31% 37% Lack of adequate data and techn ical infrastructur e 29% 32% Shortage of investment cap ital 27% 26%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 55%36%9% 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 33% -100% +100% 33% Talent development of ex isting workfor ce 3% -100% +100% 78% Talent r etent ion of ex isting workfor ce 13% -100% +100% 53%DEI Actions Share of employers surveyed plann ing to implement the d ivers ity, equ ity and inclus ion measur e 63 Global48 Targeted r ecruitment, r etent ion and progression initiatives56 Global42 Set DEI goals, targets or quotas47 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 83 Global77 Resk illing and upsk illing your ex isting workfor ce to better work alongs ide AI76 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 Global62 Hiring new people w ith sk ills to better work alongs ide AI2 / 2 Economy Proﬁle South AfricaWorking Age Population (Millions) 34.6 Future of Jobs Report 2025 197