Evolution of Career Readiness Report
Written by KPISOFT, in partnership with PPearl and Thrive HR Exchange
The global pandemic is reshaping our workforce, business models and industries to an unprecedented degree. But even as the Singapore career landscape remains in a state of flux, some roles and jobs remain resilient; and in several roles, there has even been a surprising increase in salaries.
In partnership with KPISOFT, we're excited to bring you this special research report on the Evolution of Career Readiness in Singapore, with detailed analysis of the state of job and skills demand in Singapore, based on data covering over 275 roles, and over 59,000 jobs. KPISOFT helps enterprises be future-ready by leveraging disruptive technologies like augmented analytics, AI and behaviour science.
Learn about the trends driving the shift in careers and skills, the top resilient roles and skills, and the impact on salaries seen during the last few months - both positive and negative -- and the ongoing evolution of roles and skills in the current career landscape.
KEY FINDINGS
Across the board, there has been a steep fall (346%) in job demand in Singapore across industries and roles analysed between February 2020 and May 2020.
The Information Technology industry was the most resilient seeing the least disruption in terms of job demand. Its share in overall job demand standing consistent at about 61%, followed by the Banking and Financial Services sector.
Hospitality & tourism was the worst hit given the steep fall in consumer demand impacting the sector.
In certain horizontal skills and business functions like sales and marketing, senior and middle roles saw an increase in salaries compared to the pre-Covid period.
