Fintech PR
ADP Research: Only 24% of Global Workers Are Confident They Have Skills for Career Advancement
Study examines the untapped potential of workers in the first of a series of studies comprising the refreshed “People at Work 2025” report, built on the ADP Research Global Workforce Survey
ROSELAND, N.J., Jan. 13, 2025 /PRNewswire/ — Employers that invest in continued learning and on-the-job development stand to reap bottom-line benefits that go beyond having a well-prepared workforce. According to the first study in ADP Research’s refreshed “People at Work 2025” report series, only a quarter (24%) of the global workforce is confident they have the skills needed to advance to the next job level in the near future, while just 17 percent of workers strongly agree their employers are investing in the skills they need for career advancement.
For employers, the need to prioritize skills development is deeper than building a workforce that keeps pace with today’s dynamic workplace. ADP Research’s analysis found providing employees with the skills of tomorrow is correlated to productivity, retention and reputation.
“Our research shows that a skilled workforce is more loyal to their employers—and more productive. Yet only a small fraction of workers are upskilled within two years of being hired,” said Nela Richardson, chief economist, ADP. “If companies want to benefit from the enormous technological advancement to come, they must start with investing in the skills and career progression of their workers.”
The skills development analysis launches “People at Work 2025,” ADP Research’s annual lens into the world of work that has been given a data refresh in 2025 in addition to being revamped as a series of reports on various workplace topics. The refreshed report is built on workplace data and topics from ADP Research’s Global Workforce Survey which has been conducted since 2015. “People at Work” provides comprehensive worker sentiment on how workers feel and think, as well as what they expect from their employer, with a purpose to empower employers to meet challenges and capitalize on opportunities amid a rapidly changing world of work.
The Untapped Potential of Workers
In the first installment of the “People at Work 2025” report series, the ADP Research team examined the impact of skills development learned through on-the-job training and found most workers think their employers could be doing better when it comes to skills development. The analysis further finds the business opportunity that comes with building out comprehensive training programs that help ensure employees are prepared for tomorrow’s world of work.
“We found that education is not enough to fill the skills gap,” said Mary Hayes, research director of People & Performance at ADP Research. “Only 24 percent of workers are confident that they have the skills needed to advance in the next three years of their careers. The world of work is changing at light speed, and organizations need to do their part to close the skills gap.”
Other key findings include:
- The opportunity to get ahead is important, and not just for workers. When workers globally were asked to provide the top reasons why they would stay with their employer, the opportunity for career advancement is second only to flexibility in scheduling.
- Workers who feel strongly their employer is providing the training they need are nearly 6 times more likely to recommend their company as a great place to work.
- These same workers are also 3.3 times more likely to describe themselves as highly-productive.
- They’re also twice as likely to say they have no intent to leave their organization compared to workers who have the skills but lack on-the-job training opportunities.
- Cycle workers, those that do similar repetitive tasks daily, in particular have a dismal view of employer investment, with only 9 percent of men and 7 percent of women expressing satisfaction in their upskilling opportunities.
The refreshed “People at Work 2025” series will dive deep into key topics at a market-by-market level, crucial for the increasingly borderless world of work. Digging into some of the market-by-market findings from the skills development launch story, ADP Research’s analysis reveals:
- Workers in the Middle East & Africa were most likely to believe they have the skills needed to advance their career to the next job level in the next three years (38%), followed by Latin America (32%), North America (22%), Asia-Pacific (21%), and Europe (17%).
- Workers in the Middle East & Africa were also the most likely to say their employer invests in the skills needed to advance their career in the future (28%), followed by North America (18%), Latin America and Asia-Pacific (17%), and Europe (12%).
- By markets, workers in Nigeria were the most likely to believe they have the skills needed to advance their career to the next job level in the next three years (45%), followed by Egypt (44%), South Africa (42%), India and Brazil (37%), Saudi Arabia (36%), Chile (32%), Argentina (30%), and Peru (30%).
- By markets, workers in Egypt were the most likely to say their employer invests in the skills needed to advance their career in the future (35%), followed by India (32%), South Africa (29%), Saudi Arabia (28%), Nigeria (27%), Brazil and Thailand (24%), Vietnam and Singapore (23%), and Philippines (21%).
“People at Work 2025” Report Series Methodology
For the first time, “People at Work” is built on the ADP Research Global Workforce Survey, a robust study conducted annually since 2015. The survey was designed by ADP Research’s team of analysts by obtaining information about the labor market from the perspective of workers themselves, with the goal of providing insights that can improve the world of work by better understanding worker sentiment and expectations.
Based on survey data from nearly 38,000 working adults in 34 markets across six continents, “People at Work 2025″ features a more robust, representative sample of the global workforce to provide regional and market-to-market comparisons of worker sentiment in the Asia-Pacific region, Europe, Latin America, the Middle East and Africa, and North America.
Respondents come from a wide variety of industries, educational backgrounds, on-site and remote work environments and skill sets. They represent a range of management and individual contributor roles, working for employers of all sizes.
A unique attribute of the “People at Work 2025” report series is its measurement of worker sentiment in granular detail across worker types using a proprietary methodology developed by ADP Research. In addition to demographic and employer characteristics, survey respondents are classified by the type of work they do – knowledge, skilled task, or cyclical – regardless of industry.
“People at Work’s” ability to gather sentiment along these different worker and geographical dimensions provides employers with a fine-tuned and granular view of the global workforce that they can leverage to better understand their workforces and drive growth through data-driven talent decisions.
“The future of work will be increasingly global and dynamic in its priorities,” said Richardson. “The new People at Work series format enables a more focused analysis of the data by topic and region, better ensuring worldwide business leaders with varying needs are provided with the same level of actionable research on a wide range of subjects impacting their employees.”
Each report will pair global trends with market-by-market insights on workplace topics ranging from artificial intelligence and inflation’s impact on having multiple jobs, to wage trends and career development.
Stay Up-to-Date on the “People at Work 2025” Report Series
Publishing throughout early 2025, the revamped “People at Work 2025″ report series can help companies stay on the right track for today’s workplace, while prepare them to capitalize on the opportunities that will come with the future of work.
To stay current on the latest studies in the “People at Work 2025” report series, visit here.
About ADP Research
The mission of ADP Research is to make the future of work more productive through data-driven discovery. Companies, workers, and policymakers rely on our finely tuned data and unique perspective to make informed decisions that impact workplaces around the world.
About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com.
ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, ADP Research Institute and ADP Research are trademarks of ADP, Inc. All other marks are the property of their respective owners.
Copyright © 2025 ADP, Inc. All rights reserved.
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Fintech PR
Vantage Markets Wins “Best Range of Markets” Award from Compare Forex Brokers 2025
PORT VILA, Vanuatu, Jan. 14, 2025 /PRNewswire/ — Vantage Markets has been honored with “Best Range of Markets” award for 2025 by Compare Forex Brokers, a leading authority in evaluating trading platforms. This accolade reflects Vantage’s commitment to offering an unparalleled range of tradable instruments, leverage options and suitability for diverse trading strategies while maintaining transparency, trust, and innovation.
Justin Grossbard, CEO and Head of Research at Compare Forex Brokers, commended Vantage for setting industry benchmarks, “Your commitment to providing a seamless trading experience, supported by innovative technology and a customer-focused approach, is truly commendable. Trust is at the heart of our industry, and Vantage Markets has continually set the benchmark for integrity and professionalism.”
The recognition celebrates Vantage’s dedication to offering a wide array of CFD markets, empowering traders with flexibility and choice. This includes forex, commodities, indices, shares, ETFs, and bonds CFDs, ensuring clients have access to diverse trading opportunities supported by cutting-edge tools and a robust platform.
Marc Despallieres, Chief Strategy & Trading Officer at Vantage, expressed gratitude for the award, “Winning the ‘Best Range of Markets’ award from Compare Forex Brokers is a proud moment for us. It underscores our dedication to delivering exceptional trading experiences through innovation and trust. This achievement reflects the hard work of our team and the trust our clients place in us. We remain committed to pushing boundaries and providing our global community with unparalleled opportunities.”
As Vantage continues to evolve, the company is focused on maintaining its position as a leader in the trading industry by expanding its offerings, advancing technology, and fostering transparency.
For more information about Vantage Markets and its award-winning services, visit Vantage Markets.
About Vantage
Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.
With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.
trade smarter @vantage
RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.
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Fintech PR
Connectivity emerges as a top priority when selecting commercial real estate
New research shows connectivity overtakes pricing and amenities when making leasing decisions for office space.
LONDON, Jan. 14, 2025 /PRNewswire/ — A recent study commissioned by Boldyn Networks (Boldyn) reveals that Wi-Fi and cellular connectivity are among the most important considerations for business leaders when choosing their next premises. The report ‘Location. Location. Connectivity.’ surveyed over 2,000 business leaders across the US and UK and found that connectivity now outranks price and amenities when it comes to leasing decisions. While location still ranks as the top factor, Wi-Fi connectivity is a close second, followed by cellular connectivity. And with a staggering number of business leaders (79% in the US/77% in the UK) looking to move to a new building within the next five years, these findings reflect the growing importance of reliable connectivity for commercial tenants.
The significance of connectivity extends beyond just leasing decisions. The report also reveals that four in five business leaders surveyed believe that seamless connectivity has a direct impact on employee productivity. In fact, connectivity is so important to day-to-day operations that nearly every respondent (96% US/94% UK) said they’re willing to pay more in rent to get more robust and reliable connectivity at their premises.
“To meet tenants’ connectivity expectations, today’s leading property owners are prioritizing network infrastructure. Exceptional connectivity fuels business operations, enhances productivity, and boosts employee satisfaction,” stated Jason Caliento, Chief Commercial Officer, US. “At Boldyn we are proud to collaborate with visionary real estate owners and developers across the country who understand the value of investing in advanced network solutions. Together, we design, build, and operate customized network solutions that cater to their unique connectivity needs for the long term.”
The demand for smart building technologies is also on the rise. Nine out of ten US and UK business leaders agree that smart building systems would be good for their business and would improve the tenant experience.
The global smart building market is expected to reach $568.02 billion by 2032,
driven by the need for sustainable, tech-enabled spaces. With real estate responsible for 40% of global carbon emissions, smart technologies—reliant on robust connectivity—will play a crucial role in creating a greener future.
“With the UK driving towards all new buildings being net-zero by 2030, smarter, connected buildings will become a significant way for business leaders to reduce their carbon footprint, optimize energy use and improve operational efficiency” said Gearoid Collins, Commercial Director, Real Estate, Enterprise, Windfarms, UK & Ireland. “And employee expectations are changing towards smart and sustainable workplaces. We’re placing great emphasis on ensuring that business connectivity can support new services and applications that will change how we work today and tomorrow.”
Read Boldyn’s report here: Location. Location. Connectivity.
Read the full press release here.
Media Contact:
[email protected]
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Fintech PR
Thunes and Hyperwallet, a PayPal Service, Expand Payout Access for Merchants Across Asia-Pacific
SAN FRANCISCO, Jan. 14, 2025 /PRNewswire/ — 14 January 2025 – Thunes, the Smart Superhighway to move money around the world, today welcomes Hyperwallet, a PayPal service for global payouts, as a Member of Thunes’ Direct Global Network. As part of this network, Hyperwallet customers can quickly and reliably send money in real-time to more than 450 million mobile wallets and bank accounts across Bangladesh, Indonesia, Malaysia, Philippines, South Korea, and Vietnam[i].
According to a 2024 report by Deloitte on cross-border payments, the Asia Pacific region makes up nearly 70% of global digital wallet spend. With this new alliance, Hyperwallet can help its expansive global merchant base, including some of the world’s best-known ride-hailing super apps, marketplaces and social media platforms, offer customers their preferred method of access to funds.
Floris de Kort, CEO of Thunes, said: “Welcoming PayPal’s Hyperwallet into our Direct Global Network underscores our ability to provide powerful new capabilities to top-tier fintechs. With our extensive network that directly, transparently and dependably connects to over 7 billion bank accounts and mobile wallets worldwide, combined with our SmartX Treasury System and our Fortress Compliance Platform, Thunes is uniquely positioned to support Hyperwallet to increase its reach in fast growing geographies to enhance its cross-border payment services.”
Payout preferences for consumers vary widely across the APAC region depending on banking penetration, the proliferation of real-time payment schemes and the usage of digital wallets in each market. Thunes recently released “From Cash to QR Codes: Unpacking Southeast Asia’s Diverse Payments Culture,” exploring the region’s evolving payment landscape and showcasing digital wallet payment adoption rates of over 30% in countries like the Philippines and Indonesia.
About Thunes:
Thunes is the Smart Superhighway to move money around the world. Thunes’ proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes’ Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, as well as 15 billion cards via more than 320 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more. Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house SmartX Treasury System and Fortress Compliance Platform, ensuring Members of the Network receive unrivaled speed, control, visibility, protection, and cost efficiencies when making real-time payments, globally. Members of Thunes’ Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Headquartered in Singapore, Thunes has offices in 14 locations, including Abidjan, Barcelona, Beijing, Dubai, Hong Kong, Johannesburg, London, Manila, Nairobi, Paris, Riyadh, San Francisco and Shanghai. For more information, visit: https://www.thunes.com/
[i] To date, this is currently live in Korea, with additional markets to light up in 2025.
View original content:https://www.prnewswire.co.uk/news-releases/thunes-and-hyperwallet-a-paypal-service-expand-payout-access-for-merchants-across-asia-pacific-302349236.html
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