• Professionals who upskill can earn 1.1 Cr more in salary than their peers over a period of 10 years

• ROI of upskilling is more than that of mutual funds, gold, fixed deposit etc. with nearly zero risk

• Professionals who upskill can retire upto 10 years early

• Upskilled professionals make 2x the salary as compared to their peers from the start and this gap can become 5x by the time they retire.

Great Learning, one of India’s leading EdTech companies for higher education and professional training on account of World Youth Skills Day, released a report, titled,  ‘Upskilling Financial Impact Report.’ The report reveals interesting trends and insights on the ROI of upskilling for professionals at every stage of their career and emphasizes the long-term financial impact of upskilling. The study compares the returns that working professionals can get from upskilling, based on salary and salary increment data derived from primary and secondary sources as compared to professionals who do not upskill. It further illustrates the financial impact by making an intriguing comparison with asset classes including mutual funds, gold, and fixed-interest securities, among others.

The increment rates considered in the released report are in line with AON India’s Annual Salary Increase Survey. The report also refers to salary data of graduates and professionals prior to upskilling from Payscale. The salary data for those who upskill is based on the average salary drawn by Great Learning learners post completion of their programs.