About half of Singaporeans expect their jobs to be automated in the next five to 10 years
Eight in 10 (83%) Singaporeans expect their employers to invest more in developing their digital capabilities to help them stay employable, according to a new study.
This, as about half (51%) expect their jobs to be automated within the next five to 10 years.
On a positive note, 79% are confident and feel equipped to deal with digitalisation in their jobs.
“Many companies in Singapore are already on a digital transformation journey,” said Jaya Dass, managing director at Randstad Singapore and Malaysia. “Not only are firms investing in new technology, they are also hiring professionals to develop and market innovative products and solutions to stay competitive.
“As a result, employees expect their employers to invest in their professional development and equip them with the skills required for the future of work.”
She added that this isn’t confined to just attending training courses. Employers must have honest discussions on how skills requirements and job scopes will change in the future and offer actionable steps employees can take to remain employable.
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On the employer side, Randstad’s survey found that 67% of companies are having trouble finding talent with the right skills. Another seven in 10 believe the struggle to source the right talent will only worsen in future.
In addition, 55% of companies said that they’ll have a need for workers with STEM profiles. This is concerning, as Randstad’s research shows that median duration for a STEM vacancy is more than twice as long as a non-STEM vacancy.
