Upskilling improves professionals’ appraisal more than two-fold: Report

Professionals who invested in learning new skills in the last three to five years made more than three-fold gains in appraisals and promotions, said a report on Monday.

Upskilling improved job security by 1.7x, said the report by education technology startup upGrad. Women who upskilled found it easier to return to work after a break and they improved career stability more than five-fold. As many as two of three professionals who upskilled were parents.

“Upskilling, unlike yesteryears, has now become a clear driver of growth in our industry,” said Mayank Kumar, co-founder and managing director of upGrad.