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Despite economic uncertainty and global hiring slowing down, a recent global survey from LinkedIn reveals that 60% of professionals are considering a new job this year—driven by the desire for bigger salaries as the cost-of-living increases.
Data from Morgan McKinley’s 2023 Salary Guide agrees, suggesting half of tech employers in Canada could lose staff members this year because they can earn more elsewhere.
In order to secure the ideal role for adequate salary, candidates should possess a useful skillset. As the employment landscape undergoes a wave of changes, including a “rise in skills-based hiring,” expanding one’s toolkit is more possible—and necessary—than ever.
“How do you prepare for the unknown? How can you find security and confidence, and continue to grow your career in any job market?” asks the company. “Start by learning the skills companies need most.”
Preparing for what lies ahead includes “taking steps to set yourself on a path with resilience and staying power.” This so-called career cushioning is one way to navigate the uncertainty, suggests LinkedIn.
“When your skills are in demand, you’re in demand,” the company says. “No matter the setback, looming re-org, or change in strategy, learning in-demand skills can help individuals and teams reach their career goals in 2023, even in the face of a tough macro environment.”
Building this cushion involves adding blocks to what author Scott Adams calls the “skill stack”—a combination of supplemental skills and certifications that allow you to control your career trajectory by being an in-demand asset in any environment.
According to data from LinkedIn, these are skills companies need most in today’s economy. Master these skills for a stack any company will want to invest in.
- Management – Be The Manager People Won’t Leave
- Communication – Communication Foundations
- Customer Service – Customer Service Foundations
- Leadership – Human Leadership
- Microsoft Office – Excel Essential Training (Office 365)
- Sales – Sales Foundations
- Project Management – Project Management Foundations
- Teamwork – Being an Effective Team Member
- Research – Market Research Foundations
- Analytical Skills – Critical Thinking and Problem Solving
The company offers online training for talent to develop these specific skills through its LinkedIn Learning program. There are many other organizations across Canada empowering talent with upskilling, including Uvaro, Palette Skills, and Le Wagon.