career Archives | Page 2 of 44

Do Dream Jobs Still Exist?

As kids, we’re often asked, “What do you want to be when you grow up?” Do you remember your answer? I wanted to be a teacher, then a doctor, and even an astronaut at one point. Childhood dreams feel boundless, shaped by those we admire such as our parents, teachers, or other figures in our communities. Back then, we rarely considered the skills or resources needed to make them a reality.

As adults, our dreams evolve, shaped by experiences and personal growth. I used to think a career meant doing something I loved, working 9 to 5, and steadily climbing the corporate ladder. Promotions and titles felt like the ultimate goal.

But today, I question whether the concept of a dream job still holds.

For most, work is about earning a living. Yet, the choice between jobs often comes down to personal interests, strengths, and factors like salary or work-life balance. While I still believe in the idea of a dream job, it’s no longer about one ideal position as it’s about finding a role that aligns with my values.

In fact, a Forward SG report shows that the Singapore Dream has shifted. Younger generations now seek meaning in their work, not just a high salary. As Prime Minister Lawrence Wong once highlighted, “The Singapore Dream is more than just about material success…it is also about fulfillment, meaning, and purpose in what we do.” This explains the rise of job-hopping, as people search for fulfillment over financial reward. The path to a dream job is rarely straightforward. It’s often a journey of self-discovery, career changes, and constant adaptation, especially after the pandemic reshaped how we view work.

If you’re seeking your dream job, here are a few tips:

1. KNOW YOUR VALUES
Find a role that aligns with what truly matters to you, whether that’s work-life balance or a fast-paced environment. Understanding your values is key to staying and persevering in the role.

2. STAY FLEXIBLE
Be open to industry shifts, freelance opportunities, and continuous learning as your dream job might evolve over time.

3. BUILD A NETWORK
A strong network and a willingness to learn will help you grow. Seek mentorship and always look for ways to improve your skills such as taking free online classes.

Image Credits: unsplash.com

In the end, no two visions of a dream job are the same. What you prioritize might not resonate with others. But that’s the beauty of it – your career path is uniquely YOURS.

Sources: 1 & 2

4-Day Work Week? 69% of Singapore Employers Say It’s Feasible!

In April 2024, a poll by payroll and HR solutions provider ADP found that nearly a third of Singaporean workers expect the four-day work week to become standard within the next five years. Notably, 21% of workers reported that their employers have already implemented this model to promote better mental health at work.

As the year progressed, another survey by recruitment agency Robert Walters revealed that 69% of Singaporean employers now consider the four-day work week “a feasible concept.” Employee enthusiasm, however, was even greater as 93% of workers expressed interest in a trial of the shorter work week. Neighboring countries like Malaysia and Thailand echoed this sentiment, with 94% and 95% of workers in these nations, respectively.

The survey, which gathered insights from over 5,000 professionals across 11 Asian markets, placed Singapore in the middle regarding support for the four-day work week.

SOUTHEAST ASIA LEADS

Southeast Asia appears to be the most optimistic region about this shift in work culture. Compared to places like Hong Kong, China, Taiwan, and South Korea, professionals and businesses in this region are more open to experimenting with a shorter work week.

Image Credits: unsplash.com

WORKPLACE CHANGES

While many HR experts agree that a four-day work week could improve work-life balance, boost employee happiness, and even enhance productivity, they caution that Singapore may not embrace this change immediately.

Aslam Sardar, CEO of the Institute for Human Resource Professionals, noted that Singaporean employers’ hesitancy could stem from the country’s highly competitive business environment. Concerns about operational impact, especially in specific industries, and the complexities of implementing such a shift are key reasons for their caution. Significant organizational changes, cultural adjustments, and technological advancements like automation and job redesign will be critical to making this model work, according to Sardar.

FUTURE IMPLEMENTATION

Despite the hurdles, many Singaporeans are eager to give the four-day work week a try. They view it as a way to improve work-life balance and spend more time with their families. In fact, 96% of professionals surveyed said they would be more inclined to apply for jobs at companies offering this flexible arrangement.

However, when it comes to making compromises, most workers are unwilling to trade reduced salaries or bonuses in exchange for shorter hours, signaling that while the demand for change is high, financial security remains a top priority.

Image Credits: unsplash.com

While the four-day work week is gaining traction, it may take time before it becomes the norm in Singapore, as businesses and workers balance the potential benefits with the challenges of implementation.

Sources: 1, 2, & 3

10 Tips for Surviving on a Low-Paying Job in Singapore

In Singapore, a low-paying job is generally defined as one where the monthly wage falls below the national median salary. According to the Ministry of Manpower (MOM), jobs with salaries under SGD 2,500 per month are often classified as low-wage. Approximately 10-15% of employed residents are in such positions, equating to around 200,000 to 300,000 people.

Navigating life in Singapore on a low income can be quite challenging. However, with determination and careful financial planning, you can improve your situation. Here are some practical tips to help you make the most of your circumstances.

#1: TRANSPORTATION

Rethink your daily commute. Public transportation in Singapore is efficient and affordable, so consider taking the bus or MRT instead of hailing a cab. If you must ride a car, look into carpooling options with colleagues to share the costs.

#2: LIVING EXPENSES

Living frugally doesn’t mean sacrificing quality of life. It means being mindful of your spending. Cut down on non-essential expenses like dining out frequently or subscribing to multiple streaming services. Instead, cook at home more often and enjoy free or budget-friendly entertainment options like parks and community events.

#3: INTERNET ACCESS

Take advantage of free Wi-Fi available at local coffee shops, libraries, and community centers. If you need internet at home, see if your employer offers any allowances or find bundle deals that include other services you need, such as cable or phone.

#4: DEBTS

Imagine the relief of no longer having to worry about monthly mortgage or credit card bills. Prioritizing debt repayment can free up your finances, reduce stress, and provide more flexibility in your career choices. While it’s easier said than done, start by addressing your smallest debts to build momentum, and then gradually tackle larger ones.

#5: FINANCIAL SUPPORTS

Many low-income individuals are eligible for financial assistance from government agencies. The Singaporean government, for instance, has set S$2,906 per month as a reasonable starting point for a living wage.

Image Credits: pixabay.com

If you earn less than S$2,500 per month and are over 30, you might qualify for the Workfare Income Supplement (WIS) scheme, which provides cash payments and additional contributions to your Central Provident Fund (CPF). See if you qualify.

#6: BACK-UP PLAN

Saving for emergencies can be tough, especially when you are living from paycheck to paycheck, but it’s crucial. If you can’t build an emergency fund quickly, consider having a credit card with available spending power as a backup for urgent situations. Just be cautious with its use to avoid accumulating debt.

#7: UPSKILL

Investing in your education and skills can open up new opportunities and potentially higher-paying jobs. Look for free or low-cost courses online or at community centers. For starters, SkillsFuture Singapore offers credits that can be used for a wide range of courses.

#8: SUPPORT NETWORK

A strong support network can provide emotional and practical help. Connect with family, friends, and community groups. Sometimes, just talking to someone who understands your situation can make a big difference.

#9: HEALTH CONCERNS

Staying healthy can prevent costly medical bills. Regular exercise and a balanced diet improve health and reduce medical needs.

Furthermore, Medisave and MediShield Life provide additional support. Medisave is a savings scheme for medical expenses, while MediShield Life covers up to 80% of hospitalization costs. These schemes, along with government subsidies, ensure affordable access to medical care.

#10: FINANCIAL GOALS

Finally, set achievable financial and personal goals. Try to be as positive as you can while doing so. A positive mindset can make a significant difference in how you handle financial challenges.

Image Credits: pixabay.com

Living on a low income in Singapore can present significant challenges, but with careful planning and a commitment to improving your financial situation, it is possible to manage your finances more effectively and enhance your quality of life. Remember, small steps and a willingness to adapt can make a meaningful difference.

Sources: 1, 2, 3, & 4

What to Do If You’re Stuck in a Job You Hate

We’ve all been there—stuck in a job that feels like a never-ending grind. A friend of mine has been thinking about quitting for ages but hesitates due to the high cost of living and family commitments. It’s tough to stay in a job you dislike just to stay afloat financially. I’ve been in that position too.

But you do have options. Here are some tips to handle it:

#1: IDENTIFY WHAT YOU CAN AND CAN’T DO

Take a step back and list what aspects of your job you can control versus what you cannot. This might include seeking help from your co-worker or making the most of your downtime. Knowing your limits can help you make better decisions.

#2: MAXIMIZE YOUR DOWNTIME

Remember, your job is just one part of your life. Engaging in hobbies, spending time with friends, or volunteering can offer fulfillment and lessen the pressure on your job to provide all your emotional needs. Many find that pursuing outside interests brings a renewed sense of purpose. Try pickleball or visit local museums!

#3: WEIGH YOUR OPTIONS

Assess both the positive and negative aspects of your job. While the drawbacks might be obvious, do not forget to consider the benefits—such as a steady paycheck, a structured day, workplace friendships, or a sense of contribution. For the negatives, think about possible solutions, either on your own or with your company’s help.

#4: EXPLORE NEW OPPORTUNITIES

Say that you’ve weighed your options and things in your current company are still grim. Sometimes, a change of environment can refresh your outlook. Be open to exploring new professional fields or industries. Even if you’re not ready to leave your current job, learning about different settings can help you understand what you truly want.

#5: CONSIDER FINANCIAL IMPLICATIONS

Worrying about a potential pay cut when changing jobs is common. However, a new role might offer better compensation or benefits. Salary can depend on various factors like industry, location, and your skills. If increasing your income is a priority, it’s often achievable with the right strategy.

#6: PLAN YOUR NEXT STEPS

If your job is negatively impacting your health or happiness, it may be time to plan a transition. Start networking, update your resume, and think about your next career move. Even if you do not land a new job immediately, laying the groundwork can set you up for success. In the meantime, focus on your well-being and stay connected with friends.

Image Credits: unsplash.com

Being stuck in a job you hate does not have to be your only option. By understanding your situation, weighing your choices, and taking proactive steps, you can move towards a more fulfilling career. Remember, you have the power to create a path that aligns with your needs, goals, and well-being.

Sources: 1 & 2

Influencer as a Career in Singapore: Is It Feasible?

The digital revolution has not only transformed how we communicate but also opened up new career avenues that were unimaginable a few decades ago. TikTok personality, Instagram influencer, YouTube content creator – these are occupations that just a few years ago would not have been considered real jobs. But not anymore! From setting up online shops to crafting personal brands, people of all ages in Singapore have found ways to monetize their social media presence and create income opportunities.

One such controversial career path is that of a social media influencer. In Singapore, a country renowned for its technological advancement and high internet penetration, becoming an influencer has emerged as a viable and attractive career option for many.

Why Are Influencer Careers Appealing?

Several factors make the influencer career particularly appealing in Singapore:

INCREASED FLEXIBILITY

One of the primary attractions of an influencer career is the flexibility it offers. Influencers can set their own schedules, choose their collaborations, and create content that resonates with their personal brand. This autonomy is appealing for those who prefer not to adhere to the conventional 9-to-5 work structure.

CASH OPPORTUNITIES

There are various ways influencers can earn money, including sponsored posts, brand partnerships, affiliate marketing, and selling their own products. In Singapore, brands are increasingly investing in influencer marketing as an effective way to reach targeted audiences. For instance, according to Shopify, Instagram micro-influencers (10,000–50,000 followers) earn SGD 135 to SGD 675 per post, while mega-influencers (500,000+ followers) earn approximately SGD 13,500 or more per post.

CREATIVE OUTLET

For many, becoming an influencer provides an opportunity for creative expression. Whether it’s through photography, videography, writing, or graphic design, influencers can showcase their talents and connect with their audience on a creative level. This aspect of the job can be immensely fulfilling and can lead to both personal and professional growth.

What Are the Challenges in the Influencer Industry?

Despite the allure, the influencer career comes with its own set of challenges:

CONTENT CREATION DEMANDS

Maintaining a successful influencer career requires constant content creation. This involves a significant investment of time and effort in planning, producing, and editing content, as well as engaging with followers. The pressure to consistently deliver high-quality content can be daunting. This is why many creators quit or take a break.

MARKET SATURATION

The influencer market in Singapore is highly competitive and increasingly saturated. Standing out and building a loyal following requires unique content, a distinct voice, and a strong value proposition. New influencers may find it challenging to gain traction in a crowded space.

INCOME INSTABILITY

Unlike traditional jobs with steady paychecks, influencer income can be unpredictable. Earnings often depend on factors like follower count, engagement rates, and the ability to secure brand deals. This variability can make financial planning difficult and requires influencers to have multiple income streams.

Tips for Aspiring Influencers

For those considering an influencer career in Singapore, here are some tips to help navigate the journey:

1. Identify Your Niche
2. Be Authentic
3. Engage with Your Audience
4. Invest in Quality Equipment and Skills
5. Network and Collaborate

IN A NUTSHELL

The influencer career in Singapore is a promising path for those willing to invest the time and effort required to build a strong online presence. As the digital landscape continues to evolve, influencers will play an increasingly important role in shaping consumer behavior and trends. Aspiring influencers should focus on authenticity, audience engagement, and continuous improvement to thrive in this dynamic field.

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