The graduation season is upon us. Unfortunately for fresh graduates in Singapore, graduating in the year 2020, landing a full-time, part-time, or casual position related to their degree will be tougher than usual.
In fact, as a trusted recruitment company in Singapore, we’ve noticed that job listings have gone down, by 40% in 2020. Additionally, Singapore’s private sector observed a 30% drop in hiring activities — with most companies putting hiring on hold.
However, as a provider of jobs, we believe that there’s always a way out despite the recession. So, fresh graduates in Singapore, here’s how you can survive the current economic climate and land a job:
1. Lower Your Salary Expectations
Whilst some sources might advise fresh graduates to consider staying in school to avoid dealing with job hunting during the current recession, we beg to differ. Instead, we recommend fresh graduates to lower their salary expectations when job hunting in 2020.
If you’re a fresh university graduate looking for a realistic salary guide, check out BGC Group 2020 Salary Guide here. Unlike other salary guides available out there, BGC Group’s salary guide is tailored to the current COVID-19 economic conditions.
2. It’s Hard Across All Sectors
Some might believe that landing a job will be easier for fresh graduates with skills in industries such as healthcare, technology, and cybersecurity, to name a few. However, from a hirer’s perspective, job seekers in all sectors are taking a hard hit. Fortunately, there are ways for job seekers to seem more hireable right now — including upskilling through a medley of courses available online.
3. Take on a Temporary Role
Whilst it might be tough to land a full-time job in the current economy, taking on a temp job position right now might be the correct move for Singaporean university graduates. As a recruitment outsourcing agency, we’re currently seeing twice as many job applicants of all age groups. To put it simply, fresh graduates are now competing with other displaced workers with a myriad of job experience.
Temporary roles are a good way to gain experience and get ahead in the job market once the circuit breaker is lifted. The critical benefits of a temporary job role include:
Pick up new skills: Not only will newbie job seekers land a great job experience, but they’ll also be able to pick up valuable skills. Keep in mind that it is ok to take on a temporary position that might have nothing to do with your dream career. You’ll be able to pick up soft skills such as communication, teamwork, time management, and critical thinking skills.
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Trialing out your ideal career: Sometimes, your dream position might not be the right one for you. Unlike a full-time position, a temp job allows you to experiment, pick up the proper skills, and get fully acquainted with the job responsibilities.
Get your foot through the door: One major benefit of a temp position is the ability to network on the job. Networking might not come easy to some people. However, due to the circuit breaker, you might only need to network online. This can be beneficial for introverts or fresh graduates who are painfully shy.
A full-time position: Not only are temp positions a good way to get your foot into the door. It’s also a great way to land a full-time position.
4. Consider a Traineeship Programme
Landing a traineeship program is akin to landing a full-time job. An apprenticeship is a great way to gain valuable knowledge and experience in a competitive field. Basically, it’s a headstart that you get paid for.
The benefits of an apprenticeship program for fresh graduates in Singapore might include:
Receive skills training and insider tips from industry professionals around the country
Earn money whilst learning
Enjoy the same rights as the other employees
You will end the traineeship both qualified and certified at either a national or an international level
If you’re looking for a reputable traineeship program in Singapore, you can consider the SGUnited traineeship program set to open on June 1, 2020. The traineeship program will be open to graduates from institutions such as the Institute of Technical Education (ITE), Polytechnics, as well as Universities.
Currently, more than 280 organisations across the country, in industries across the private, and the government sector. Additionally, there will be more than 4,000 apprenticeship opportunities to compete for.
Aside from a prospective job in the current economic climate. Other perks to the SGUnited traineeship program include:
12 months to learn and acquire new skills from the program
A stable traineeship allowance for the next 12 months
The opportunity to work with reputable companies and institutions such as Singtel, DBS Bank, the National University of Singapore (NUS), and Nanyang Technological University (NTU) to name a few.
In some cases, the opportunity for a full-time position
Learn more about SGUnited’s traineeship program in this MOM press release here.
5. Incorporate Technology into Your Role
There is a growing fear amongst employees that artificial intelligence and automation will replace them. But as a leading recruitment outsourcing agency in Singapore, we beg to differ. Instead of replacing human effort, artificial intelligence and tech can be used to supplement VARIOUS roles in a company. Think about it, most employees have already incorporated various tech tools such as Microsoft Office, Adobe Creative Cloud, and Google Analytics into our daily lives.
Not convinced? Here are some reasons why you should consider incorporating tech tools into your daily lives:
Ease of using technology tools such as blogs, videos, and podcasts
Multitasking and completing various tasks with ease
Adopt useful tech skills that might make you an in-demand job candidate
Some ways to build up your tech skill sets include:
Picking up tech and IT-related courses you might find useful to your career
Building a professional relationship with the tech and IT teams in your organization
Reading IT and tech-focused blogs and websites (i.e. BGC Singapore and A Very Normal Company)
Keeping up with the latest IT and tech trends
Recommended Readings: Give Your Career a Boost with Tech Know-How
Have we managed to convince you to set more realistic expectations as a fresh graduate job hunting in Singapore this 2020? Let us know in the comments section why or why not, below!