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.
Logo – https://mma.prnewswire.com/media/832721/ADP_Logo.jpg
Logo – https://mma.prnewswire.com/media/2497479/ADP_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/adp-research-only-24-of-global-workers-are-confident-they-have-skills-for-career-advancement-302348865.html
Fintech PR
ISX Financial® Launches New Globally Accepted flykk® Debit Card in Working with Diners Club International®
NICOSIA, Cyprus, Jan. 14, 2025 /PRNewswire/ — flykk®, the pan-European and UK digital payment app, announces the launch of its new flykk® Diners Club International® debit card in several priority markets. This offering combines the best of both worlds: the convenience and security of a globally accepted debit card with all the robust benefits Diners Club International® offers.
With the new flykk® Diners Club International® Card, users can enjoy a range of exclusive Diners Club benefits, including access to more than 1,500 airport lounges and experiences around the world, travel insurance, and purchase protection. Additionally, the flykk® Diners Club International® Card also offers a range of other features and benefits that can delight users, including access to millions of amenities and premium Wi-Fi hotspots.
Key features of the flykk® app, which flykk® Diners Club cardholders can access, include bank transfers, free flykk-to-flykk transfers, dedicated money remittance channels and global money transfers. Users can easily transfer money between their flykk® account and European Union (EU) bank accounts, as well as between other flykk® users.
“Launching this partnership with Diners Club International® is a significant milestone for ISX Financial,” said Nikogiannis Karantzis, CEO of ISX Financial. “By combining the innovative flykk® payment app with the benefits of the Diners Club International® Card, we strive to offer users an unparalleled payment experience both online and in-store. With the flykk® Diners Club International® Card, users can enjoy all the convenience and security of a debit card, together with a range of other features and benefits that support their lifestyle.”
Diners Club is accepted at millions of merchant locations and over 1.2 million ATM and cash access locations around the world. Diners Club is part of the Discover® Global Network, the fastest growing global payments network[1]. Comprised of Diners Club International®, Discover Network, PULSE®, and more than 25 alliance partner networks across the globe, Discover Network has 345 million Discover Global Network Cardholders worldwide[2] and facilitated $589B+ in global transactions in 2023.
The flykk® debit card is now available to users in selected markets in the EU, with plans to expand to additional markets in the coming months. To learn more about flykk® and its innovative payment solutions, visit the flykk® website at www.flykk.it.
“By combining our world-class benefits, services, and capabilities with flykk’s comprehensive payment technology, we’re able to offer users a more seamless payment experience,” said Matt Sloan, Vice President of International Markets, EMEA at Discover® Global Network. “We look forward to continuing to work closely with the team at ISX Financial to bring even more innovative payment solutions to users around the world.”
- To learn more about the flykk® Diners Club Debit Card: www.flykk.it
- To learn more about the ISX Financial and Discover Global Network partnership: https://insights.discoverglobalnetwork.com/insights/james-cameron-isx-financial-partnership
About ISX Financial:
ISX Financial EU PLC is a ‘banktech’ company that leverages its own technology to provide financial services to merchants across the EEA & UK. The company’s combined payments stack and infrastructure provides a complete end-to-end transactional banking, FX, remittance and payment processing capability.
ISXMoney’s multi-Currency IBAN accounts coupled with PaidBy® instant open banking provides merchants with a tailored payment solution to reach any UK or EEA bank account holders.
ISX Financial’s consumer product flykk®, is a digital wallet that combines all its financial technology and infrastructure to create a retail product. flykk® is a two-sided network developed on ISX’ Financial’s own platform that links both merchants and consumers around the globe to facilitate the processing of payment transactions. flykk® allows customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds, with the benefits of a Diners card for point-of-sale transactions.
ISX Financial’s subsidiary Probanx® also develops payment infrastructure for third parties, and provides connectivity to central banks, banks around the world and major card schemes.
[1] Based on signed network alliance agreements over the past fourteen years with major payment networks within respective countries – Panoramic Research study, conducted 2022
[2] Based on data provided to Discover by Network Alliances participants and other third party sources as of December 31, 2023.
Media enquiries: +35722015740, [email protected]
Logo – https://mma.prnewswire.com/media/2291227/iSX_financial_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/isx-financial-launches-new-globally-accepted-flykk-debit-card-in-working-with-diners-club-international-302349277.html
Fintech PR
Investindustrial expands its presence to Abu Dhabi, set to become the firm’s Middle East and Asia hub
ABU DHABI, UAE, Jan. 14, 2025 /PRNewswire/ — Investindustrial is pleased to announce the formal inauguration of its Abu Dhabi office. Attended by authorities and senior officials, this milestone marks a pivotal moment in the firm’s journey to expand its global footprint. The Abu Dhabi strategy follows the successful blueprint of Investindustrial’s office in Shanghai, which has been an accretive business development and value creation office for the firm since 2009. The Abu Dhabi office opened with a team of eight professionals, becoming the Middle East and Asia hub for the group’s activities.
As a leading European investment group with over €15 billion in raised fund capital, Investindustrial is proud to announce that it has received the Financial Services Permission (“FSP”) from the Financial Services Regulatory Authority (“FSRA”) of ADGM. The newly granted licence will enable Investindustrial to provide financial services, including advisory, fundraising, marketing, and arranging, within or from the ADGM.
Andrea C. Bonomi, Chairman of Investindustrial, stated, “At the heart of Investindustrial’s approach is the goal of pursuing a sustainable, industrially-driven strategy to build better global companies for the long-term. Establishing our office in Abu Dhabi underscores our commitment to fostering partnerships in the Middle East and supporting the region’s transformative growth while unlocking these regions for our portfolio companies with significant opportunity to grow. These companies often have the potential to scale, but they require strategic guidance, operational expertise, and a global perspective to reach their full potential.”
Arvind Ramamurthy, Chief Market Development Officer, ADGM, commented, “We congratulate Investindustrial’s on receiving its FSP. The establishment of its Middle East and Asia hub in ADGM reflects the strength of our business environment and our ability to support global investment groups in achieving their growth ambitions. This milestone reinforces ADGM’s position as a leading financial hub and its commitment to unlocking opportunities across the region.”
The Middle East and Asia expansion is led by Emanuela Cisini (Partner, Co-Head of Operational Improvement), who relocated from London to Abu Dhabi. Emanuela has been with the firm for close to a decade, having led various teams across several Investindustrial offices. Under her leadership, the firm aims to grow its human capital in the Middle East, focusing on building on-the-ground operational capabilities that will contribute to the value creation across Investindustrial’s portfolio companies by increasing footprint, enhancing manufacturing capabilities, and bringing high-growth companies to the Middle East.
Emanuela Cisini, Head of Middle East and Asia, commented: “We are excited about this new chapter. Leveraging on Investindustrial’s global operational improvement expertise we take a hands-on approach in guiding our companies through the international expansion in the Gulf region building global leaders.”
The opening of the Abu Dhabi office underscores a commitment to the region’s economic objectives and sustainable growth. Investindustrial has a strong track record across sectors, with deep expertise in industrial manufacturing and sub-sectors such as food security, a critical area for the GCC. By supporting innovation and investment in sectors like specialty ingredients, frozen desserts, and private-label products, Investindustrial’s efforts are aligned with regional priorities of helping foster growth.
Additionally, Investindustrial’s portfolio companies in the consumer space – such as Zegna Group, Eataly, Flos, and B&B Italia – are already active in the region, and the new office in Abu Dhabi, will allow these companies to tap into greater regional opportunities and enhance their operational capabilities.
In addition to operational improvement capabilities, senior investment professionals have also relocated to Abu Dhabi to actively engage with local entrepreneurs and drive investments and growth for portfolio companies in the region. The team will work in close collaboration with the firm’s global offices, reinforcing Investindustrial’s commitment to becoming a truly global player in the mid-market investment space.
Photo: https://mma.prnewswire.com/media/2596780/Investindustrial_Office.jpg
View original content:https://www.prnewswire.co.uk/news-releases/investindustrial-expands-its-presence-to-abu-dhabi-set-to-become-the-firms-middle-east-and-asia-hub-302350071.html
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.
Photo – https://mma.prnewswire.com/media/2597258/Vantage_Markets_Wins_Best_Range_Markets_Award_Compare_Forex_Brokers.jpg
Logo – https://mma.prnewswire.com/media/2506103/Vantage_15_Logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/vantage-markets-wins-best-range-of-markets-award-from-compare-forex-brokers-2025-302350107.html
-
Fintech7 days agoAsian Financial Forum held next week as the region’s first major international financial assembly of 2025
-
Fintech PR7 days agoOWIT Global Provides Alternative Delivery Models that Adapt to the Continuously Evolving Data Security Demands of the Industry
-
Fintech PR4 days agoHTX 2025 Outlook: Five Sectors to Look Forward to, and How Trump’s Policy Will Affect Crypto Industry
-
Fintech PR4 days agoNovo Holdings invests in $200M Series A for Windward Bio launch to advance long-acting treatments for asthma and COPD
-
Fintech PR4 days agoAZZURRI GROUP LAUNCHES ITS 2024 SUSTAINABLE DINING REPORT AND ACHIEVES FURTHER REDCUTIONS IN CARBON EMISSIONS
-
Fintech PR4 days agoFintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad
-
Fintech PR4 days agoAmrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan
-
Fintech PR4 days ago2024 Marks Breakout Year for China’s ETF Market with Unprecedented Growth