Economy Profile Working Age Population (Millions)  / 2 Australia 17.8 6kill outlook :orkIorce strateJ\ outlook Core sRills Talent outlooR in  6kills needed to perform well in key, stable roles within the company (share of organizations surveyed) (xpected change in talent availability, development and retention in the next ıve years (share of organizations surveyed) Skills, knowledge and abilities $ttitudes ,mproving :orsening Global average Global average 2 2  2  Talent availability when hiring ECONOMY G/2%$/ -100% +100% 39% 38% 27%  Cognitive skills Talent development of existing workforce -100% +100% 6% 74% 7%  Engagement skills Talent retention of existing workforce 12%  Management skills -100% +100% 14% 53% 3%  Physical abilities )usiness practices to improve talent availability Top practices with the greatest potential to improve talent availability (share of organizations surveyed) 15%  Technology skills ECONOMY G/2%$/ 2%  Ethics 50%  . Improve talent progression and promotion processes 23%  Self-eĴcacy 38%  . Provide eijective reskilling and upskilling 11 %  Working with others 32%  . Better articulate business purpose and impact 9esRilling sRill focus More diversity, eTuity and inclusion policies and 26%  . 6kills most prioritized for reskilling and upskilling in the next ıve years (share of organizations surveyed) programmes Skills, knowledge and abilities $ttitudes Global average 24%  . Oijer higher wages 47% Analytical thinking 21%  . Improve people-and-culture metrics and reporting 44% Resilience, IJexibility and agility 19%  . Support employee health and well-being 38% Creative thinking Oijer more remote and hybrid work opportunities within 36% 17%  AI and big data . countries 35% Leadership and social inIJuence 15%  . Improve internal-communication strategy 32% Talent management 13%  29%  Tapping into diverse talent pools Empathy and active listening 29% Service orientation and customer service Key components of +,0 programmes 0ost common components of '(, programmes (share of organizations surveyed) 29% Technological literacy ECONOMY G/2%$/ 28% Networks and cybersecurity 54%  . Run comprehensive DEI training for managers :Rill stability % Enable inclusion and accessibility across physical and 51%  6kills reTuired by the workforce that are expected to remain the same (share of all skills . Global % virtual spaces reTuired) 43%  . Run comprehensive DEI training for staij Training funding 3referred sources of funding for training, upskilling and reskilling efforts (share of organizations surveyed) Set DEI goals, targets or Tuotas that exceed public 36%  . reTuirements ECONOMY GLOBAL Oijer greater IJexibility on education reTuirements to 34%  . 14% 16% Co-funding across the industry recruit from various backgrounds 26% 28% Free-of-cost training :hare of companies ^ith +,0 7rograms % (share of organizations surveyed) 33% 22% Funded by government Global % 93% 87% Funded by my organi]ation 24% 24% Public-private hybrid funding

The Future of Jobs Report 2023 - Page 97 The Future of Jobs Report 2023 Page 96 Page 98