In a local news article in The Straits Times by reporter Tay Hong Yi, he dived into the statistics of the top jobs that are unfulfilled in Singapore, and the fact that tech skills needs time to build-up.
SINGAPORE – When businesses embrace new cutting-edge prospects, there is always the risk of a skills mismatch.
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This is because the opportunities often appear on the horizon faster than it takes to build a pipeline of ready talent that can fully match the numbers and skill level needed to pursue these prospects, said talent watchers The Straits Times spoke to.
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There is still resilient demand for cloud computing, cyber security, fintech and Web3 talent, said Ms Betul Genc, country manager for Singapore at recruitment firm Adecco.
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But some vacancies for professionals, managers, executives and technicians remained unfilled for a long time, and the main reason employers cited was the lack of necessary skills and work experience, the report found.
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The problem is particularly prevalent for positions that require specialised technical knowledge such as software development, added MOM.
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These changing patterns include the rise of fast, casual dining; e-commerce spanning multiple platforms at once; and self-service business models, said Mr Ram Lakshminarayanan, head of people and change advisory, and partner at KPMG Singapore.
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“Correspondingly, the type of talent that will need to be hired could cut across product design and development, marketing, user experience and customer engagement – but with considerations for how this talent can introduce new thinking into the way customers interact with brands.”
https://www.straitstimes.com/singapore/skills-take-time-to-catch-up-with-demand
Take a look at his write-up here to understand the supply and demand of local companies, looking for the skills and knowledge you are training up in. Ref: https://www.straitstimes.com/singapore/skills-take-time-to-catch-up-with-demand