According to a joint study by Microsoft and IDC, 3 out of 10 businesses are investing in reskilling initiatives to drive innovation. However, 25% want support from the government to improve digital and tech skills in the workforce and 21% for digital technology adoption incentives for businesses. 55% of workers want businesses to formalize innovation-based rewards. 51% of workers and 48% of leaders want workforce models to include reskilling and up-skilling opportunities.