Singapore-based companies prefer hires with technical skills: report msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Report: PH firms prefer to hire workers with skills over education or experience
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A new report from LinkedIn has found that skills will continue to pave the way for economic recovery and growth and eventually become the new currency for workers in the future workplace.
More companies in the Philippines would prefer to hire candidates with skills over qualifications such as education or experience, the study said.
On top of hiring externally, companies in the Philippines were willing to tap existing talent to fill open roles. To help their employees learn new skills, many companies now have a dedicated training program.
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Businesses and governments have been battling that narrative. After all, the economics speak for themselves: Increased female employment rates could increase OECD countries gross domestic product by $6 trillion.
Yet, gender equality is still not a top 10 priority for 70% of organizations, according to IBM s new Women, leadership and missed opportunities report. In fact, it found that the number of women in senior leadership positions has barely changed in the past two years, and there are today fewer women in the pipeline to fill executive roles than in 2019.
The pandemic has only exacerbated those shortcomings.
With women said to be more adversely affected by the pandemic, PwC s 2021 Women in Work Index found that progress for women could be back at 2017 levels by the end of the year. That s due in large part to the disproportionate burden of childcare that falls on women, with mothers now spending an average of 31 hours per week on caregiving duties almost equivalent to ano