Despite The Recession A Tech Career Transition is a Good Move in Singapore

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The current landscape of the tech job market in Singapore is thriving. Despite the widespread layoffs at tech companies like Meta, Twitter, Amazon, and Shopee, Singapore’s tech talent market remains a job-seeker market. According to The Straits Times, vacancies have been on the rise since last year, noted the Ministry of Manpower, with the ratio of jobs to unemployed persons rising to 2.42 in March – the highest since 1998.

Undoubtedly, tech workers are still very much in demand as businesses of all facets work to build their digital infrastructure. However, with the rising demand for tech talent, Singapore has experienced a decline in qualified tech workers. 

Picking up essential future-proof tech skills will expand your horizons for exciting career changes like pivoting into tech and allow you to thrive professionally. Moreover, becoming familiar with technical skills can only improve the quality of life given that technology is at the core of the innovation ecosystem, encompassing 94% of Singapore’s government services.

This blog will give you more information on Singapore’s tech ecosystem, the type of tech jobs that are in demand and how to land your first tech job quickly.

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The Top 3 Talent Challenges Facing Enterprises Going Into 2023

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We’ve been hearing it for over a decade: there isn’t enough tech talent to meet rising workforce demand. This story is nothing new—enterprises have struggled since well before the pandemic to attract and retain technically inclined candidates, let alone diverse technical talent. In a to-come study, we found that 90% of HR leaders are concerned that they won’t be able to fill their open tech positions.  

Hold on, we know what you’re thinking: we’re entering a global recession. This may be true, but the fact remains: the tech skills required to stay afloat—let alone compete—are on the rise, without talent to fill the gap. And the gap is substantial, with nearly seven times as many current job openings there are annual computer science graduates. In fact, as of October 2022 Comptia reported 317,000 tech job vacancies in the US alone. 

But businesses aren’t the only ones struggling to connect the dots. According to a recent study from LHH, 77% of workers are aware that they have a skills gap. The shortage is particularly prominent in individual contributor roles—where only 36% say their company invests in the skills employees need to get the job done. These workers are often left either feeling stuck in undesirable positions—or forced to seek opportunities to grow elsewhere. 

As we enter a new year with new challenges, what will technology and talent leaders have to look out for in 2023? 

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How ServiceNow is Building a Talent Pipeline to Meet DEI Goals

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We know that diversity in the workplace is not only the right approach—but a sure path to greater innovation and profitability too. Diverse companies are 35% more likely to outperform their competitors and 15% more likely to perform above industry medians. In the United States, for every 10% increase in senior team racial and ethnic diversity, there is a corresponding 0.8% rise in earnings. Inclusive companies are 1.7 times more likely to innovate and are 70% more likely to capture new markets. 

And yet… only 44% of companies have a clear, actionable diversity, equity, and inclusion (DEI) strategy. Even when a program is in place to attract and train diverse candidates, it can be difficult to find the right talent to take part. 

We checked in with Kurdin Bazaz, Staff Design Program Manager at ServiceNow, a cloud-based workflow platform based in San Diego, to discuss how General Assembly built a talent pipeline that helped her organization meet its DEI goals. If your company is struggling to make diversity a reality, her experience may help illuminate the path forward.  

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Is Switching Careers a Good Idea? 8 Truths About Changing Your Career

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As the holiday season approaches, many are taking the time to reflect on the past year. And some are even taking some much-needed time to slow down and unplug from work. Times like these are helpful in taking stock of the status quo and potentially even igniting change.

It’s a great time to ask yourself questions like: 

  • Are you looking forward to ramping up again in January? Or is going back to work making your stomach turn?
  • Is your job allowing you to take the vacation time you deserve? Or are boundaries between personal life and work life too blurred? 

These may lead you to consider much bigger questions like: 

  • Do you want to stay in your current job? Or is switching careers a good idea? 

We spend a lot of our time at work, and feeling uninspired or bored isn’t the only consequence of sticking with a job you hate. In fact, there can be dire repercussions, including risk of illness, lack of sleep, poor mental health, and stress —  just to name a few. 

For these reasons and more, making an intentional change to your professional journey can be immensely rewarding. As you reflect on your situation and consider your options, here are eight things to keep in mind for your career change journey. 

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Unwrap Your Career Change: How to Talk About It With Your Family Over The Holidays

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The holidays have arrived, and with them, time spent catching up with family and old friends. It’s only a matter of time before someone asks, “So, what’s new with you?” 

For the recently anointed career changer, this could mean breaking the news for the first time about a big life decision. 

This can be daunting, but bringing in your support system during this time of transformation is a good thing. You want your inner circle rallying to support you and lift you up, because inevitably, there will be bumps along the way. 

Take comfort in knowing you aren’t alone on this mission. The percentage of employed people who left their jobs voluntarily in September rose 15.9%—the highest level seen in 30 years. Despite a slowing economy, dissatisfied workers still aren’t afraid to walk away. You (and your family) should be proud to join these ranks.  

If you’re nervous about having tough conversations about your career change around the holidays, we put together a guide to help you navigate. 

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Giving Tuesday: FREE On Demand Content for Laid-off Workers

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If 2020 taught us anything, it’s that the world changes— fast. Back then, we faced a global pandemic with no real sense of when things would get back to “normal”. Workers and employers brought new meaning to the word resiliency. Fast forward to today and we’re in the midst of a once-in-a-generation economic downturn that’s hard to ignore. 

If you’ve logged in to LinkedIn lately, you’ve probably noticed post after post from friends, family, and strangers announcing that they too have been impacted by a downsizing.  In the US alone more than 73,000 workers have been let go in mass job cuts so far in 2022, according to Crunchbase, with more predicted. While recent layoffs have happened en masse, one thing remains true— there is still a shortage of technical workers and skills. A recent Korn Ferry study found that by 2030, more than 85 million jobs could go unfilled because there aren’t enough skilled people to take them.

Starting today, Giving Tuesday, we want to help by offering our On Demand content for free to those who have been impacted by a recent layoff. Our hope is that this will give laid-off workers the opportunity to learn a digital skill or test a new career path and get a leg-up in their job hunt.

So, if your job has recently been lost, keep reading to learn how you can access our On Demand content—at no cost to you.

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We Think There’s Been a Glitch: Cyber Week Discount Activated…

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Waiting for a sign to get started on your career change? You’re in luck because this is it. If you caught our social media presence on Black Friday, you may have noticed a glitch. Thanks to that glitch, we’re excited to offer $1,000 off an immersive program* for residents in the United States and Canada. 

It can be tempting to wait until the new year to start thinking about actioning on a career change, but there’s no time like the present to get started on the next chapter of your career.

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Thinking of changing careers? Here are 4 Celebrities who did something different

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Raise your hand if you’d consider yourself one-dimensional.

Didn’t think so. 

We all have a multitude of interests and talents that are ever-evolving. So it’s not surprising that around one-third of the workforce changes jobs every year.

Many successful people have experienced a career change or two that led them to where they are now. While it can be challenging to make such a drastic change, it often pays off in dividends. 

Some great examples can be found in a number of inspirational celebrities, who, despite their current fame, have navigated major career changes that led them to the success they hold today. 

This article takes a look at five famous people who pivoted to start new jobs, and a few tips if you’re looking to do the same.

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6 Surprising Celebrities Who Know How To Code & Why You Should Too

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Are you thinking about a career in tech? If so, consider learning how to code. With the mass adoption of the digital era across all industries, businesses big and small are on the lookout for tech-savvy talent. 

According to Forrester’s recent report, the global tech market will experience robust 6% growth in 2023 (significantly faster than pre-pandemic levels). With the tech industry thriving and companies hiring, consider learning in-demand hard skills like coding. 

Coding is the building block of the digital world. It’s the set of instructions designed to make computers perform tasks. Although it may seem daunting initially, coding is much easier to learn than you might think. When learning to code, you have the option to learn many different languages like HTML, JavaScript, Ruby, Python, C++, SQL and many more. After all, celebrities like the ones we’ve listed below have all learned how to code without a dedicated tech career background. 

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Bridging Tech Talent Shortages: How Upskilling and Reskilling Can Help

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When it comes to tech talent, we’re facing a supply and demand problem of unprecedented proportions. In the U.S. there are five jobs for every one software developer. In 2020, 4% of emerging technologies could not be implemented due to a tech executive shortage; today, that percentage has increased to 64%, according to Gartner—highlighting the impasse global enterprises face when it comes to accelerating innovation. The trend is set to continue—one report indicates 85 million tech jobs may go unfulfilled by 2030 due to lack of skilled talent. 

As a result, HR and technology leaders are increasingly searching for new ways to fill their open technology roles. Depending on organizational goals, businesses have started to leverage reskilling and upskilling to ramp up the tech skills they need. 

These strategies have not only proven effective, but they’re also helped increase employee retention and loyalty. Today’s top talent wants to work for businesses that invest in them. In fact, 74% of employees say they’re eager to learn new skills outside of work hours to improve their job performance.  

Upskilling and reskilling are often lumped together, but the two terms have very different meanings and different business use cases. Let’s take a look at what distinguishes the two—and how each applies to your organization.

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