The nature of work and the ways it is performed have changed multiple times and throughout human history. However, the pace of change has accelerated significantly, largely due to different Industrial Revolutions. Skills continue to be the best guarantor of social mobility and opportunity. However, they are not static and need to be updated and fine-tuned throughout working lives. That’s why it’s important to focus on vocational education and skill development of workers. The most important capital for the world of work ahead is skills that’s lead European Social Fund and the European Regional Development Fund to inject over 30 billion EUR to support skills development in the period 2014-2020, while the Erasmus and program support skills development in education and training with nearly 15 billion EUR.