76 per cent of professionals in India agree that there is less importance now on degrees being a prerequisite for jobs as compared to 20 years ago, a report by professional networking platform LinkedIn reveals. This is due to the shift towards skills-based hiring, with 82 per cent of Indian professionals agreeing that companies are now more comfortable hiring professionals who don’t have relevant work experience but have the right skills.
A vast majority of Indian professionals (84 per cent) believe that in the future employers will value professionals with diverse skill sets and experiences over those who are specialised in a certain job function. Upskilling is more important than ever, with 87 per cent saying it’s more important to continually learn new skills now than it was 20 years ago.
As per the report, professionals are now more open to taking career breaks and pursuing non-linear career paths. As many as 85 per cent of Indian professionals agree that transferable skills have become more valued and acceptable, as more professionals pursue non-linear career paths. Over 84 per cent are more open to career pivots as compared to 20 years ago.
Interestingly, 87 per cent professionals believe it is now more important to search for a job and/or work in a company that demonstrates a commitment to the culture and values that they support and believe in compared to 20 years ago.
Even during times of economic uncertainty, 88 per cent of Indian professionals prefer to work for an organisation that demonstrates a commitment to the culture and values that is important to them.
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