SKILL DEVELOPMENT FOR EMPLOYABILITY: INDUSTRY – RELEVANT COMPETENCIES

With globalization and technological disruption come challenges as well as opportunities for economic growth, creating jobs and expanding the economy. We can transform the economy into one that is productive, innovative and competitive talented human resources. An individual's chances of being employed can be increased by developing their skills by nurturing talents and honing skills and knowledge. It is instrument for improving effectiveness and enables a person to perform with greater efficiency. Investing in employee skills development can lead to increased job satisfaction and employee retention. A survey by LinkedIn found that 94% of employees would stay at a company longer if it invested in their development. Researchers have concentrated on improving employability through skill development in management and commerce. The researchers have tried to understand how Skill development trainings is impacting the employability in the country.  The investigators came to the conclusion that concentrating only on education, neglecting career guidance and skill development, or concentrating on employment while disregarding skill development, would not be adequate to produce the intended outcomes.


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