Skill development is an ongoing process that continues throughout life. The skill will be developed through the different ways like education, training programmes, experience, expert guidance, working environment, etc. The paper dealt with the impact of skill development on employability; that is, the linkage between skill development and employability. Skills development can lead to individuals starting their own business venture or securing a job. Consequently, cultivate and enhance the skills or abilities that are advantageous for your present job. The marketplace's requirements are changing due to daily technological changes in today's competitive era. The business environment brings about rapid changes in the expectations of employers, employees, customers, owners, and government. The researcher is gathering the respondents' perceptions of skill development and employability, as well as the importance of soft and hard skills in the daily life cycle. All necessary information was collected from respondents through the questionnaire design in Google Forms and necessary recommendations were provided accordingly.