‘Reskilling’ Programs for Displaced Workers Popular Among 68% in CTA Survey

Software development, data analytics, engineering and artificial intelligence remain the most “in-demand” tech-job fields of expertise, CTA said Thursday. The association canvassed 252 member-company executives in April and May, find 73 percent deem employee referrals as “the most popular strategy to recruit new talent." Health insurance (91 percent), incentive compensation or bonuses (89 percent), paid time off (88 percent) and flexible work arrangements (85 percent) remain “the most important non-salary benefits to retain employees,” said CTA. Nearly six in 10 don’t expect technological advances “will displace any of their workers in the next five years.” Though 29 percent expect job displacement, 68 percent plan to keep workers by offering “reskilling” programs, a 16-point increase from 2018.