Articles

2022 has been a tense year: it’s the aftermath of a global pandemic, there’s a new European war, and inflation rates make cost-of-living expenses seem terrifying. This is arguably one of the worst years to face retrenchment or an unplanned job change.

Singapore is a leading financial hub for the world, and our finance sector accounts for about 200,000 jobs and almost a tenth of our Gross Domestic Product (GDP). It is also home to over 200 banks, and even more non-banking financial institutions. After being shouted at, what’s their likely reaction?

Two people working in the same place, on the same day, can take away two entirely different experiences. Consider, for instance, restaurant workers who meet an angry customer. After being shouted at, what’s their likely reaction?

The Enneagram is widely known for identifying personality types, but its uses go beyond that. By understanding our Enneagram personality type, we can also determine our optimum work environment, and approach to our career; as such, it’s a way to leverage our strengths, and minimise our weaknesses. This is especially helpful to the self-employed, or to those in industries where you’re given leeway to determine your own work styles. Chief among these is the finance industry, and its financial planners – here’s how they can optimise their career through their Enneagram types.

Covid-19 has seen a major shake-up in the economy, with changing work cultures, and cautious hirers. Companies that may once have been open to taking on fresh graduates may put a freeze on hiring, until the pandemic plays out; at the same time, entry-level jobs in retail and F&B may shrink, with fewer customers up and about. What’s a fresh graduate to do in a situation like this? Here are some avenues to consider.

As of 2022, the Covid-19 pandemic continues to affect the labour economy. Although the impact is less than previous years, it’s still a nerve-wracking time for those resigning right now; especially with companies being cautious, and tight with payroll. Here are some trends and tips to get you through it.

Not long ago in 2019, it was reported that around 40 per cent of Singaporeans were seeking a career change. The Workforce Singapore programme, which caters to career-changes, had only 1,300 placements in 2016. By 2020, the number had risen to 4,500.

The Covid-19 pandemic has been a challenging time for Singapore. One of its consequences has been a rise in unemployment, from which we’re only now beginning to recover. Nonetheless, this incident has brought an important subject to the forefront: recession-proofing our careers.

You’ve turned 40 and suddenly, you get a sinking feeling you’re getting nowhere in your career. Or, you’re anxiously comparing how a friend that you met at a recent secondary school reunion is doing way better than you.

Life is too short to be stuck in a career you hate. Let’s face it: inertia is probably more stressful – and toxic over the long run than taking action to make a career change.