REACH 413 - What are your views on current efforts to encourage Singaporeans to upskill and reskill? How can Singaporeans continue to remain competitive in the rapidly evolving economy?
(SK)
23 Nov 2022 (10am - 7pm)
REACH
[10:02 am, 23/11/2022] +REACH: Dear contributors,
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Megan 😊
[10:04 am, 23/11/2022] +REACH: 📢 Topic 📢
Education Minister Chan Chun Sing launched the second edition of the Skills Demand for the Future Economy Report at the SkillsFuture Fellowships and Employer Awards Ceremony yesterday (22 Nov). The report found that the demand for workers with skills in the digital, green and caregiving spheres has surged in Singapore over the last four years.
SkillsFuture Singapore, in a statement, also said that from Jan 1, 2023, Singaporeans can undergo specialised training to acquire skills in the digital, green and care industries, through a refreshed series of SkillsFuture courses.
💬 What are your views on current efforts to encourage Singaporeans to upskill and reskill? How can Singaporeans continue to remain competitive in the rapidly evolving economy?
Speaking at the ceremony, Minister Chan said upskilling and reskilling were now increasingly necessary for individuals - and businesses - to thrive. To remain competitive, enterprises have to transform and grow, and that requires new skills and competencies.
“Rather than only seeking to hire individuals from the market to plug these skills gaps, companies can also invest in training their existing pool of workers,” he said.
👉 https://www.straitstimes.com/singapore/parenting-education/surge-in-demand-for-green-digital-care-skills-in-singapore-in-last-4-years-skillsfuture-report
👉 https://www.channelnewsasia.com/singapore/skillsfuture-courses-be-refreshed-focus-digital-green-and-care-sectors-3091936
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[10:21 am, 23/11/2022] +Ken: Think having a clearer picture for the demand in such jobs will need to be better lay down.
And future jobs that might not be around, would also hinted.
If not the drive to move forward is pretty much hard for anyone to move. Many that have work for years. Comfortably paid and not much work to do as they already familiar with the system. What can drive them to move. Incentive or clear hint for future is require for us to make the right choice.
[10:25 am, 23/11/2022] +Uncle Law: Perhaps can refer to data on the number of citizens uses the SkillFuture Fund and also the last additional Topup.
Personally I have used up all the available credits, but I do know of many who have yet to use them
[11:11 am, 23/11/2022] +REACH: Dear Contributors
We want to HEAR MORE from you!
We have had good feedback and hope that we can keep the discussion robust and active!
Megan 😊
[11:18 am, 23/11/2022] +俊宇: Will there be another injection of Skillsfuture credits? 🤔
[11:19 am, 23/11/2022] +Rama: Would be good
[11:20 am, 23/11/2022] +俊宇: I always feel like $1k is great (thank you gov) but for serious upgrade and skills the courses might cost more?
[11:21 am, 23/11/2022] +Uncle Law: Perhaps those need more funds could allow to request
[11:21 am, 23/11/2022] +Rama: Diploma in cybersecurity and counter terrorism offered by Aventis is sgd3k after factoring in all government subsidies!
[11:22 am, 23/11/2022] +Wai Xin: The move to improve digitalization in all industry is a good one. The current approach looks to be moving in a generic way, would like to see the skillsfuture offering evolve to add in a hybrid of industry-specific digitalization in near future. this will avoid having a glut of people with generic digital skills. for example, there are a lot of python and data analytics course. the focus is a lot on how to use tools and software libraries, will need more use cases and business scenarios for trainees to apply.
[11:22 am, 23/11/2022] +Rama: Give it till 2030 to assess the progress
[11:25 am, 23/11/2022] +Wai Xin: I will say, 2025-2026 is a good time to assess. the world is changing much faster
[11:28 am, 23/11/2022] +Uncle Law: Perhaps those who are unemployed, more funds could be given to them?
[11:28 am, 23/11/2022] +Uncle Law: Provide job counseling
[11:36 am, 23/11/2022] +Thomas: Maybe we setup a unemployment insurance where it will pay out during your unemployment ? While we are employed, we pay a premium for such situation ? The duration of the insurance payout 2 to 3 years but will stop once you are employed again . The pay out depends on the premium and desire payout ?
[11:52 am, 23/11/2022] +Brandon Lin: My humble point of view:
Honestly I am not well known to this SkillsFuture Scheme. To my basic knowledge, We, Singaporean can use the funds we have to take up some courses to upgrade ourselves.
To my opinion, this Skills upskilling and or reskilling is mainly targeted for people who are retrenched, out of job or looking to change career midway. As these courses are targeted and specific to the particular skills itself, even after attending the course, it doesn’t warrant them to get a job after that. We need to also consider individual underlying education level. For ie: I am just a diploma student and by taking digital courses, because of my lack of a Higher education certification, I’m still unable to look for jobs despite having the skills after the course. I know it’s Job dependent too.
What I would like to drive is, besides having essential skilled courses, Skillfuture should include higher education programme inside to integrate and upgrade the individual overall educational and technical level.
As higher education programme offered by Private institutions are Sky high, hence SkillsFuture perhaps can workout some shorter and part time programmes for Learning Adults and perhaps a scheme to assist them in the course fees. It’s never easy for a breadwinner to fork out few or many thousands to upgrade him or herself.
As for Businesses, honestly for SME owners, they usually don’t have the bandwidth to allow their employee to go upgrading due to manpower shortages and despite incentives for business owners to encourage sending their staff, many of the local SME bosses doesn’t really know how it works. The Govt need to really SkillsFuture team to go on the ground and share this schemes with the bosses directly so they understand the benefits and value by sending their staff to upgrading.
This is my humble and little knowledge about today topic.
Thank you
[11:57 am, 23/11/2022] +Grace: I think many cannot find time to try these courses and dunno how to find it
[0:27 pm, 23/11/2022] +Rama: Means testing and show effort in seeking employment
[0:28 pm, 23/11/2022] +Rama: For all the assistance rendered, it boils down to the individual to make the move by adjustment to current way of life
[0:49 pm, 23/11/2022] +俊宇: Does the courses actually help though?
[0:50 pm, 23/11/2022] +Rama: Not sure if there's follow up statistics to show success rate
[0:55 pm, 23/11/2022] +Ken: If really want to upgrade its just help you reduce course fee not good enough)
[0:56 pm, 23/11/2022] +Ken: To be frank.. I did the python course from NTUC learning.. not bad..
But I can see many in the class have zero knowledge, having trouble using the computer 😅
I doubt even if they finish the course can be useful for them at all.
[0:56 pm, 23/11/2022] +Ken: They go in thinking it will help them look for job… but it is totally… too far for them to adapt after learning 😅
[0:59 pm, 23/11/2022] +俊宇: I did look through the courses before but many seem to be short general courses, makes me wonder if folks really did learn helpful things and whether employers even care when they see that you went for said courses 🤷
[1:03 pm, 23/11/2022] +Ken: About 20% have zero computer knowledge 😅
I wonder the course subsidies is it good for them.
[1:04 pm, 23/11/2022] +Rama: Government is looking into changing the course to suit anticipating future demands
[1:04 pm, 23/11/2022] +Ken: The join cause is cheap above 45, but the problem is can they make use of it is another problem
[1:05 pm, 23/11/2022] +Ken: Only like 3 of us out of the whole class is young and really catch what is being taught 😅
[1:05 pm, 23/11/2022] +Rama: Is there a thorough analysis or just to get older singaporeans into classroom but no possible job success!?
[1:06 pm, 23/11/2022] +Ken: I am not sure.. but just doing the course maybe just a introduction for them only..
NUS has a stackable masters which is not bad. Just a bit expensive.
My friend from non IT background able to complete it.
[1:06 pm, 23/11/2022] +Nutty: I agree with you. I was looking to register my parents for some courses and some are 1 day, 2-4hr courses which might not really be very effective? But because of the number of credits given, people might opt for these “cheaper” and “shorter” courses. I believe skills future is a good initiative but maybe some regulation can be done to help ensure that the courses are effective? Or have better course categorisations?
[1:07 pm, 23/11/2022] +Ken: Mine python course is a 3 full day course
[1:07 pm, 23/11/2022] +Valli: Yes they should look into offering attachment jobs for those unemployed upon course completion.
[1:10 pm, 23/11/2022] +Ken: Not so easy… if they cant meet min requirements 😅
Companies might need to spend more time training them.
NUS master program do offer capstone projects that work with industry. To handle real projects
[1:11 pm, 23/11/2022] +Rama: Then, means testing must apply before course registration
[1:11 pm, 23/11/2022] +Ken: Lol how do you test use computer?
[1:11 pm, 23/11/2022] +Ken: In the class there are people that can’t even know how to install the program for the course 😅😅
[1:12 pm, 23/11/2022] +Rama: Test students ability to use pc
[1:12 pm, 23/11/2022] +Ken: We spend half a day to get everyone up to speed
[1:12 pm, 23/11/2022] +Ken: To be on the same page
[1:12 pm, 23/11/2022] +Ken: End of 3 days… still got people ask how to start the program was a bit lost and can’t catch up
[1:13 pm, 23/11/2022] +Rama: For course that are heavily subsidised, Microsoft Office should be a minimum
[1:13 pm, 23/11/2022] +Ken: 😅 I really doubt they can learn anything useful for job interview.
[1:13 pm, 23/11/2022] +Ken: The actual course is 3k if not wrong..
with subsidies $300 without using skillfuture
[1:14 pm, 23/11/2022] +Ken: For me below 45 so is a bit more I just pay to learn
[1:14 pm, 23/11/2022] +Ken: The lecturer was decent
[1:57 pm, 23/11/2022] ☸️ Danny 心:
1. Let us examine the Skillsfuture credit payout - is given to 25 years old for $500.
2. Demograhics information say 15 years and above is 5.22 million. Estimate 25 years and above is 5 million.
3. Skillsfuture credit is $2.5 billion - a very big sum.
4. Hence, skillsfuture credit must be used effectively - to achieve the desired outcome - that is to help people upskill or reskill - to find jobs and get employed.
5. It should not be view as - taking up course just for the sake of knowledge - because this are taxpayers money - with the objectives of helping people find jobs to feed themselves and families, as well as provide a source of labour to help business and the Economy to make our Country competitive.
6. Thus I will like the skillsfuture credit to be used effectively and achieve the desired outcomes and should not be disburse for the sake of "oh it is free money, just use it to pass time, and learn something - without a clear objective - with economic outcomes - for self, business and economy".
7. Hence I will like to suggest skillsfuture credit should be categorise according to the following priority :-
a. Train and Placement - for those who have been retrenched or for those who are unemployed actively looking for jobs. (employment)
b. Skill conversion - for those who intend to resign from their current jobs intending to look for new jobs that require new skillsets - due to impending retrenchment, restructuring, or current job not suitable. (job reskill)
c. Upskill - for those who have jobs but intend to upgrade their skills in new technologies, new process/methods/procedures.
8. The above 3 categories must be backup and supported by business who intend to use the skills upon completing the course.
Some specialised course should be considered for issuing recognised professional certificates - to give the course recognition and legitimacy - in getting jobs.
9. Only by doing so, I feel 3 groups will truly benefit from the Skillsfuture credit - for individuals, business and the Economy.
[2:00 pm, 23/11/2022] +Rama: Totally agree
[2:13 pm, 23/11/2022] ☸️ Danny 心:
1. Next I want to address insurance for retrenched workers.
2. It is not an easy topic - because a retrenched workers or unemployed people for actively looking for jobs - but unable to get one in near term - can be very stressful - because people need to put food on the table and pay daily expenses - especially for sole-breadwinner.
3. Hence retrenchment insurance - is an easy way out to give monthly money to retrenched or unemployed people - just like monthly salary.
4. But if study indepth - it may not be practical.
5. Which insurance companies will truly offer a retrenchment insurance - if they retrenchment is so unpredictable that can happen to anyone?
How much premium can they collect to make it viable for insurance companies to offer such insurance policies - other than getting everyone involve - and putting burden on working people as well as business --- which in turn make our Economy uncompetitive --- as workers and business are already paying CPF.
6. Also how to assure people will actively look for jobs - once they receive insurance payout - as finding jobs, going for interview etc are very stressful - and people can easily give out - as they have fallback - ie. monthly insurance payout to rely on --- and this will blunt people's effort to look for jobs.
This will be bad for individuals, business looking for workers and consequently our Economy.
7. Hence a better approach is :-
a. Train and placement ---- whereby retrenched workers, unemployed workers actively looking for jobs - should be place on a train and placement program - supported by business - whereby upon completion of training - to be placed on a job.
While undergoing training, will received a living allowance to tie through the period while receiving training.
This will be more effective in ensuring retrenched or unemployed persons will have income to put food on table while receiving training, upon completion - land themselves a job.
Good for individual, business and Economy - competitiveness --- rather than a retrenchment insurance payout - bad for individual, business, economy - and additional burden to everyone --- and yet blunt the motivation to find jobs and land them a job.
[2:29 pm, 23/11/2022] +Thomas: This is something that Insurance company need to study. The amount of payout is sufficient to survive and time period so that it is a incentive to look for job. This is to relieve the stress of person. This way, the issue of unemployment will not be weight to heavily on Government to support individual. The payment of premium is up to individual how much they are willing to pay. The cycle of recession is getting shorter. The Government can kick start by putting seed money into this pool of insurance and later supplement by premiums.
[2:32 pm, 23/11/2022] +Thomas: All our insurance, we pay our premium. The stress of unemployment will be higher for the higher income person as he/she has other commitments when he/she is fully employed. For the lower income, I do not see them have the ability to pay the premium but they will need to be supported somehow by the Government social services.
[2:33 pm, 23/11/2022] ☸️ Danny 心:
Individual taking up insurance is ok.
Government should not be involved in using taxpayer money for this.
Government should place emphasis on train and placement and giving allowance during training.
[2:35 pm, 23/11/2022] +Thomas: No , Government shouldn't take up the insurance for individual. But on the other hand, Government can support some premium payment for lower income group. I am ok to support this group of lower income
[2:37 pm, 23/11/2022] ☸️ Danny 心:
Because insurance payout don't guarantee the retrenched or unemployed person got the right skillset to get jobs.
Training allowance ensure the person are trained in right skillset to get trained and placed and get money during training.
It is more superior than giving away free money - but don't get the intended outcome.
[2:38 pm, 23/11/2022] ☸️ Danny 心:
Government money is taxpayer money - must be use effectively.
Even social services money go through very thorough review before it dispense to help the low income.
[2:39 pm, 23/11/2022] ☸️ Danny 心:
Anyway no insurance company offer retrenchment insurance based on what I know.
Any insurance companies out there?
[2:44 pm, 23/11/2022] ☸️ Danny 心:
Anyway I have known of few mature workers about 50 years old - have invest in few insurance policies.
When they get retrenched and unable to find jobs - they stop to look for jobs - and rather shake legs at home - why make their lives so stressful.
We lose these people who still have many good years to offer.
Imagine government funding such insurance payout in a big scale - many people will stop working and become lazy
[2:45 pm, 23/11/2022] ☸️ Danny 心:
This will blunt our labor competitiveness.
[2:47 pm, 23/11/2022] ☸️ Danny 心:
And yet induced unnecessary burden on all those people who are working as well as business - because government must get money from somewhere - if not through taxes, then through what means?
Higher GST, income tax or corporate tax?
[2:58 pm, 23/11/2022] +Ken: Agree
[2:58 pm, 23/11/2022] +Ken: Not in Singapore but there is for overseas
[3:00 pm, 23/11/2022] ☸️ Danny 心:
That's why many developed countries facing huge economic problems, big public debt, no sovereign funds and reserve because it place undue burden on working people and drain all government funds.
A sure way to make a nation poor.
[3:00 pm, 23/11/2022] +Ken: https://www.investopedia.com/terms/u/unemployment-insurance.asp
[3:01 pm, 23/11/2022] ☸️ Danny 心:
Must understand human psychology.
Once they have fallback - they won't work.
[3:02 pm, 23/11/2022] +Ken: Then again for government don’t really make sense for them to fund it… if the economy is not doing well… they will have less income and still need to payout a bit tough
[3:02 pm, 23/11/2022] +Ken: 26 weeks only… not forever 😅
[3:02 pm, 23/11/2022] +Ken: Depends on your scheme as well
[3:05 pm, 23/11/2022] ☸️ Danny 心:
US public debt $31 trillion.
They expect their future descendants to pay - while current population enjoy the free payout.
[3:05 pm, 23/11/2022] +Ken: 🤣🤣 it’s a number as long as people believe in USD. That number don’t matter at all.. their interest itself have over take its income
[3:05 pm, 23/11/2022] +Ken: But still we use USD
[3:05 pm, 23/11/2022] +Ken: 🤷🏻♂️
[3:06 pm, 23/11/2022] +Ken: If they default many countries will suffer
[3:06 pm, 23/11/2022] ☸️ Danny 心:
But good enough to make people lazy - funded by taxpayer money with no good outcome.
After 26 weeks, can guarantee they can find jobs?
[3:07 pm, 23/11/2022] +Rama: Utter madness
[3:07 pm, 23/11/2022] +Ken: Oh well is to help you tie over not depending on it
[3:07 pm, 23/11/2022] +Ken: 😅
[3:07 pm, 23/11/2022] +Ken: If you can’t find is your problem…
[3:07 pm, 23/11/2022] ☸️ Danny 心:
Then isn't training allowance with guarantee job placement more useful?
[3:07 pm, 23/11/2022] +Rama: Respect our government for its prudence
[3:08 pm, 23/11/2022] +Ken: Either you are unskilled or unemployable…
But depends on person many jobs have low barrier if you can’t find decent ones… then just have to do what every comes
[3:08 pm, 23/11/2022] +Ken: If you want to survive
[3:08 pm, 23/11/2022] +Ken: Lol it help a lot with the allowance.. I seen many business owner use it to tie over tough times in covid
[3:09 pm, 23/11/2022] +Ken: Extra 500 to 1000 will help a long way during the down period
[3:11 pm, 23/11/2022] +REACH: 📢 Topic 📢
Education Minister Chan Chun Sing launched the second edition of the Skills Demand for the Future Economy Report at the SkillsFuture Fellowships and Employer Awards Ceremony yesterday (22 Nov). The report found that the demand for workers with skills in the digital, green and caregiving spheres has surged in Singapore over the last four years.
SkillsFuture Singapore, in a statement, also said that from Jan 1, 2023, Singaporeans can undergo specialised training to acquire skills in the digital, green and care industries, through a refreshed series of SkillsFuture courses.
💬 What are your views on current efforts to encourage Singaporeans to upskill and reskill? How can Singaporeans continue to remain competitive in the rapidly evolving econom…
[3:11 pm, 23/11/2022] +Rama: Adhoc basis or smaller but long term!?
[3:13 pm, 23/11/2022] +Ken: During covid many earn and learn scheme…
[3:14 pm, 23/11/2022] +Ken: Government pay for attending classes for many free lance or business owners actual use that to tie over on top of the money government gave out during covid
[3:15 pm, 23/11/2022] +Ken: $25 and hour or so depends on class and which type.. details not very sure…
[4:00 pm, 23/11/2022] +REACH: 📢 Topic 📢
Education Minister Chan Chun Sing launched the second edition of the Skills Demand for the Future Economy Report at the SkillsFuture Fellowships and Employer Awards Ceremony yesterday (22 Nov). The report found that the demand for workers with skills in the digital, green and caregiving spheres has surged in Singapore over the last four years.
SkillsFuture Singapore, in a statement, also said that from Jan 1, 2023, Singaporeans can undergo specialised training to acquire skills in the digital, green and care industries, through a refreshed series of SkillsFuture courses.
💬 What are your views on current efforts to encourage Singaporeans to upskill and reskill? How can Singaporeans continue to remain competitive in the rapidly evolving econom…
[4:15 pm, 23/11/2022] +65 9226 2477: It's a start. Good initiative because the world economy will change, just how slow or quick the pace will be.
Over and above the call from govt to individual, maybe companies can be approached to nudge/expand their workforce horizons to consider upskilling and competencies development during work. Spearhead new areas of focus for their respective companies' business after returning from completion of trg or studies.
[5:13 pm, 23/11/2022] +REACH: 📢 Topic 📢
Education Minister Chan Chun Sing launched the second edition of the Skills Demand for the Future Economy Report at the SkillsFuture Fellowships and Employer Awards Ceremony yesterday (22 Nov). The report found that the demand for workers with skills in the digital, green and caregiving spheres has surged in Singapore over the last four years.
SkillsFuture Singapore, in a statement, also said that from Jan 1, 2023, Singaporeans can undergo specialised training to acquire skills in the digital, green and care industries, through a refreshed series of SkillsFuture courses.
💬 What are your views on current efforts to encourage Singaporeans to upskill and reskill? How can Singaporeans continue to remain competitive in the rapidly evolving econom…
[5:16 pm, 23/11/2022] +REACH: Dear Contributors
We want to HEAR MORE from you!
We have had good feedback and hope that we can keep the discussion robust and active!
Megan 😊
[5:36 pm, 23/11/2022] +L or BL: The school system is the problem. Unimaginative and rigid and too focused on tests.
[5:36 pm, 23/11/2022] +L or BL: Great to be top of the academic tables, but what about all other aspects of life?
[5:40 pm, 23/11/2022] +L or BL: Is 2 years of NS for all Males still necessary or does it inhibit career development at a critical them? Are we teaching them creative free problem solving thinking, or how to follow orders?
[5:40 pm, 23/11/2022] +L or BL: *critical time
[5:40 pm, 23/11/2022] +Rama: It must be maintained for our military defence
[5:42 pm, 23/11/2022] +L or BL: Just rasing it as a question, if we are concerned about our skills in the commercial environment. Maybe 2 years for some and 1 year for others 5 be sufficient to protect us from... who exactly?
[5:43 pm, 23/11/2022] +L or BL: *would be
[5:45 pm, 23/11/2022] +Rama: Mindef did adjust some time ago downwards from 2 1/2 years
[5:49 pm, 23/11/2022] +L or BL: Good to keep it in mind! 100% support NS, but wonder if 2 years is too long for some people in time critical careers.
[5:51 pm, 23/11/2022] +Rama: We can't afford a professional standing military so time frame for NS will affect reservist period which translate to quality and professionalism.
[5:53 pm, 23/11/2022] +L or BL: Yes,understand that. I guess we have to balance all the needs of a small nation. Can't have everything, and need to make choices.
[5:54 pm, 23/11/2022] +L or BL: Upskilling and reskilling takes time. And we need to know what skills are needed! We will have to import expertise continually because we can't cover all the bases.
[5:54 pm, 23/11/2022] +L or BL: Collaborating with universities and industry around the world is out best way to keep current.
[5:55 pm, 23/11/2022] +L or BL: Providing infrastructure and investment to industries in return for training and commitment. International training programmes so people can learn abroad.
[6:09 pm, 23/11/2022] +Rama: https://theindependent.sg/leon-perera-fires-back-chee-hong-tat-govt-decision-to-press-ahead-with-gst-hike-doesnt-embody-political-courage-sg-needs/
[6:11 pm, 23/11/2022] +REACH: Standardised insurance for ride-hailing drivers and delivery riders regardless of hours worked
👉🏼 https://str.sg/w9Lw
5 ways to better support platform workers in Singapore: Highlights from committee report
👉🏼 https://str.sg/w9Li
Platform workers to be insured against workplace injuries, get CPF payments
👉🏼 https://str.sg/w9L5
[6:19 pm, 23/11/2022] +REACH: 📢 Topic 📢
Education Minister Chan Chun Sing launched the second edition of the Skills Demand for the Future Economy Report at the SkillsFuture Fellowships and Employer Awards Ceremony yesterday (22 Nov). The report found that the demand for workers with skills in the digital, green and caregiving spheres has surged in Singapore over the last four years.
SkillsFuture Singapore, in a statement, also said that from Jan 1, 2023, Singaporeans can undergo specialised training to acquire skills in the digital, green and care industries, through a refreshed series of SkillsFuture courses.
💬 What are your views on current efforts to encourage Singaporeans to upskill and reskill? How can Singaporeans continue to remain competitive in the rapidly evolving econom…
[6:45 pm, 23/11/2022] +REACH: Dear Contributors,
⏰ We will be closing the chat in 15 minutes ⏰
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan 😊
[6:59 pm, 23/11/2022] +Smiley face: 23 November, 2023
To: Our Distinguished Leaders and All Honorable Members
Turbulence & Uncertainty
"Mechanization to Digitization, it's all about People to People, the Will, the Wisdom and the long journey (机械化到数字化)..."
- - anonymous
Traditional?
Hirings, Firings and Trainings, are these cycles of the workplace?
There is always a mismatch between companies' demand for talent and the number of workers willing and suitable in each hiring situation where there is a shortage of matched labor.
The traditional ways of attracting and/or retaining people include compensation, benefits, promotions and career prospects. More clearly now than previously prior to the Covid pandemic, this medical episode has stirred people to rethink what is a job and what is life and the subsequent effects of the famous great resignation.
Refining?
To each cost comes with a benefit, or none, or hopefully more benefits? That's what many decision-makers and policymakers weigh this "resource" of either-or in hopes of attaining benefits!
Rather than betting on trainings, comparatively, what are the costs of hiring externally over deploying costs to upskill or reskill?
What is the spread between hiring to plug the gaps or deploying resources to train, job enlargement and/or job promotion?
Purposeful?
Purpose precedes pleasure!
Today skills and knowledge will become obsolete sooner all because every new found digital technology will drive new ways of doing things and enable scalings, this digital driver is the frontier and decider of all future economies (of scale) and livelihoods.
What are the purposes of upgrading or renewing skills, in particular, will these digital based training activities derived benefits and enabled productivities per unit and/or per group?
Managers must carefully evaluate, identify and apply each of these latest training modules to each employee or each department. How to measure the outcomes, the non-outcome and incremental benefits after each completed training initiative?
Don't jump onto the bandwagon of trainings? Employers have to connect the multiple dots of critical needs, wants and staffings before setting and formulating strategies and actions, this connected line is about what to upskill or to update or not at all?
People to People?
Do not overlook the dynamics of the psych of each employee mindsets and the feelings he or she is achieving or not, or is he or she enjoying the job, or a sense job security. Any lacking in one of this basic Maslow needs will topple an organisation initiatives from team sync, training to productivity.
Turbulence?
Profoundly, the current unstable geopolitics is pushing global inflation, the disrupted macro supplies to the micro demands of all tangibles. Feasibly, with costs in mind, it is wise to make use of this 'slower' time to start planning for growth and learn the latest knowledge.
What if a global recession does happen, again the firing of workers and wouldn't hirings become an attractive and immediate deployable strategy assuming there will be a bigger pool of talents ready, matching and willing to be employed/deployed within a country and/or across geographical boundaries?
- - in progress - -
[7:01 pm, 23/11/2022] +REACH: Dear Contributors,
We will be closing the chat for today.
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan 😊
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