As economic momentum continues to move from the West to the East, the nature of work in the region is changing from more labour-intensive, low-skilled employment to more knowledge-intensive and technology-enabled work. This means businesses in Singapore need to continue investing in innovation to gain a competitive edge in the region.
Even though Singapore has a world-leading education system, the hastened pace of economic, social and technological change regionally is a fairly recent phenomenon. It’s one that makes it difficult for educational institutions to respond, causing a growing gap between the skills possessed by graduates and those employers need. How do you gain an edge over the other applicants? Below are a few important trends to be well versed with..
1. Technology-Driven Economy
Over the years, there has been a shift in how the industry hires employees, from a more labour-intensive in the (1950s-1980s), low-skilled employment (1980s-1990s) to more knowledge-intensive (1990s-2000s) and technology-enabled work (present). Knowing this trend will help you to develop different skill sets, relevant to this day and age. For example, the ability to master the Microsoft Excel to tabulate data is essential to increasing efficiency – it’s become a must for many office workers now.
2. You’ll need to become more tech-savvy.
We’re not just talking about updating your LinkedIn profile or tweeting a few times a day. This year the job search is going to become more digital than ever. Make sure you have perfected an electronic version of your resume that can be easily submitted to employers. Also, use a format like PDF that will appear consistent no matter the medium of reading it (tablet/phone/PC/mac).
3. Be ready to work from home.
Employers are beginning to discover that talented employees don’t necessarily have to work in a traditional work setting. Companies are recruiting people from all around the world and are also giving them the option to work from home. This means greater self-discipline may be required on your part. Do prepare yourself to assure your employer of your work-at-home viability.
4. Your electronic footprint may determine your employment.
There is going to be more emphasis on your online presence as social media and the workplace becomes more interlinked. Employers are routinely checking social media platforms and researching candidates online. Employers are going to take advantage of mobile apps and video interviews to screen the best candidates for their company. Make sure you know to present yourself on these platforms as well as social media in order to land a job. (You can schedule a Skype Appointment with us to hone your interview skills.)
5. There’s going to be a shift in the workplace.
The workforce has finally reached the point where many baby boomers are retiring (those born in the 50s/60s) and Millennials are filling their positions. Within the next five years, another staggering 18 percent of baby boomers will retire. As a Millennial job seeker, you’re going to have to focus on your reputation and what you can bring to the table as a young employee. You already have the skills, experience, and drive to break into your career; now you may have to convince baby boomers that you have the ability to fill their shoes. This year will present many opportunities to chase after your dreams and reach for your career goals. To make an impact on your career and land the job you’ve always wanted, make sure you keep these trends in mind when applying for jobs.