We’ve been told over and over that grades aren’t everything, and now there’s a LinkedIn survey to prove it.
According to the survey, employers in Singapore are looking for those with communication skills, problem-solving skills and strategic thinking.
LinkedIn Survey Shows That Employers Want Communication, Problem-Solving, Strategic Thinking Skills Over Education
The survey found that 39% of companies in Singapore look for people who possess technical skills, while 31% look for transferable skills.
This reveals a preference for technical and transferable skills rather than the usual qualifications such as education (8%) or work experience (12%).
The survey also found that in order to find those with the desired skills, three in five companies may choose to hire people from outside their respective industries.
Maybe there’s hope for us Arts and Humanities majors looking to enter science and tech-related fields after all.
9 in 10 employers look internally to fill available positions. Hiring internally allows for a sense of progress for staff, with 55% of respondents wanting to encourage loyalty to the company.
In order for employees to meet company needs, upskilling is required, which would make for more responsibilities placed on human resource (HR).
According to the report, almost 60% of companies in Singapore said that HR has an important role to play in the training and development of employees.
According to Ms Feon Ang, LinkedIn’s vice-president of talent and learning solutions for the Asia-Pacific region, “Going forward, we can expect to see a skills-based economy take shape, with skills becoming the new currency for workers in the future world of work. I encourage all individuals to adopt a growth mindset, and keep learning to stay relevant.”
540,000 Singaporeans Benefitted from SkillsFuture in 2020
Many individuals and businesses were hit hard by the pandemic, which prompted SkillsFuture Singapore (SSG) to come up with new initiatives in support of Singaporeans.
The SGUnited Skills Programme and SGUnited Mid-Career Pathways Programme gave people training opportunities to allow for the upgrading of skills, boosting their employability and competitiveness when switching to new careers or positions.
Around 9,800 people had enrolled in these programmes as of December 2020.
The Enhanced Training Support Package was introduced in March 2020 for businesses in sectors that were severely affected by the pandemic.
This package provided increased absentee payroll support as well as further subsidies on course fees for eight sectors, including the air transport and tourism sectors.
Some hard skills offered by this support package included data analytics, digital commerce and customer service, while soft skills included communication and adapting to changes.
You can read more about it here.
Featured Image: PK Studio/ Shutterstock.com
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