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Techies expect promotions after upskilling

According to a survey conducted by the software company EPAM and the market research firm CyberMedia Research (CMR), techies upskilled by their employers expect to get promoted faster.    

About 91% of respondents stated that their primary expectation from their work organization is developmental and on-the-job training. Professionals between the ages of 23 and 25 are most keen to advance swiftly through upskilling, with 57% saying so.

“This survey has shown us that companies investing in the career of employees by giving them an opportunity to grow through it is the best retention strategy. Techies do not want to just be given a set of courses to complete. They want to be able to choose their career path and the course,” Srinivas Reddy, managing director of India at EPAM Services, said.

EPAM and CMR interviewed 800 professionals from IT services and product companies. The responders were all between the ages of 23 and 30. More women were concerned about having workplace flexibility and being able to work from home. More men believed that training was vital and that their primary goal in training was to advance in their careers.

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Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.