Most employees (86%) across India feel reskilling and upskilling can reduce unemployment and help employees easily adapt to the evolving demands of the modern work environment, according to a report by HR solutions provider Genius Consultants.

The report, published in the Press Trust of India, found that 8% of employees disagreed saying that upskilling and reskilling will not have much effect on the current scenario. The report is based on an online survey among 1,148 employees from June 14 to July 25, across sectors including banking and finance, construction and engineering, education, FMCG (fast-moving consumer goods), hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media among others.

With the rapid advancement of technology and its integration into various work processes, 88% of employees consider reskilling and upskilling is crucial for professional growth, it added.

Genius Consultants’ report further revealed that 77% of employees interviewed believed that online courses play a crucial role in facilitating skill development for individuals, whereas 17% hold a contrary opinion.

This is indeed an important factor to be considered as in today's date, there are multiple portals and websites that provide multiple courses for skill enhancement, according to the report.

However, 39% of respondents believe that online reskilling certifications are holding the same value as traditional institutional degrees. At the same time, 49% do not share this belief, indicating room for further awareness about the significance of online certifications, Genius Consultants stated.

“Many organisations still don't accept online certifications as valid, which is a viewpoint that might need to be changed since we are moving towards a future where everything will be depending on technology, web and cloud,” the report added.