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“Robots Taking Over” Drives Employees to Take Charge of Careers

Stockhouse Editorial
0 Comments| April 8, 2022

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It has been just over two years since the spread of the COVID-19 pandemic change the working landscape, and it seems that people have gown a lot more concerned about looking past the paycheck and focusing on ways to forge a solid future and career.

This comes from new data released this week in the second annual Education Index, commissioned by EdAssist by Bright Horizons (NYSE: BFAM, Forum) and conducted by The Harris Poll, 73% of working Americans feel developing a few specific skill sets would give them more job opportunities, and 70% feel pressured to constantly be developing new skills in order to succeed in their current field. With an eye on stability, they are focused on financial and career mobility and see skills development as the pathway to both.

By the numbers:

  • 39% are struggling to keep up with accelerated trends in their industry
  • 36% are worried they will be replaced by technology if they do not continue to develop their skillset
  • 51% are at least somewhat stressed about their finances
  • 26% say the same about their job security


Management commentary:

EdAssist by Bright Horizons’ VP and GM, Jill Buban said that employees feel more empowered than ever before to take charge of their careers, in large part because of the labour shortage.

“Between mounting student loan debt and fears around job security, employees recognize that furthering their education through degrees or short-term skills-based opportunities can put them on a career path that increases job stability. Employers who provide education opportunities through a well-rounded benefits program will differentiate themselves in both attracting and retaining a talented workforce.”

Education a smart move:

59% of those who responded say the anticipation of student loan debt has prevented them from pursuing additional educational opportunities, while 50% said they can’t advance in their career because they can’t afford to take on additional student loans for further educational opportunities.

80% said that they would be more loyal to an employer that invested in their continuing education, even though they are ready to change jobs.



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