Hiring Trend Of Employers: Skillsets VS Past Experience

We have entered into the Covid19 pandemic for almost 2 years now and we have been noticing that the trends of hiring have changed drastically. Unlike previously, employers are more open towards candidates who was from a total different industry but went through the Training programs to get themselves equipped with the necessary knowledge of the industry they would like to venture into amidst the pandemic. Employers now are focused on skillsets which candidates can offer more than past experience.

In the article/ findings mentioned in The Straits Times, it is advisable for job seekers to focus on skills instead of prior job experience.

We have highlighted some meaningful pointers mentioned.. 

"Businesses need to continually invest in learning and scaling up the employees. Those are the schools of tomorrow to drive lifelong learning," Mr Bedi said.

Such switches may seem improbable at first glance, but there are baseline skills that the two sectors in each example share - people management in retail and healthcare; or being able to handle goods in aviation and logistics.

TAKING A SKILLS-BASED APPROACH

To be able to do this, we advocate a skills-based approach. Rather than stating what you did previously in your curriculum vitae, it is better to speak in terms of skills and how they can be applied to a new sector in similar ways. That allows for more mobility across sectors.

MR SAMIR BEDI, EY Asean workforce advisory leader, on getting people to move from the sectors that have low hiring, or even unemployment, to growth industries.

Mr Bedi acknowledged that there are still certain roles that need licences and have other mandatory requirements, so having transferable skills does not guarantee an automatic job move.

The employee will still have to go for training and learn to apply his skills to a new sector.

"Businesses need to continually invest in learning and scaling up the employees. Those are the schools of tomorrow to drive lifelong learning," Mr Bedi said.

He added that from an employer's perspective, bringing in someone from a different industry might also be beneficial. "It means new blood, and perhaps the employee can look at current problems in a new way. It allows for a better and more innovative organisation."

Randstad's managing director for Malaysia and Singapore, Ms Jaya Dass, said that sometimes, in venturing into new opportunities, people have to be open to accepting lower positions and salaries due to the lack of accumulated experience in an area of speciality.

But lifelong learning remains vital, she noted, for both job seekers and companies that seek to attract new hires.

"When selecting organisations to work for, job seekers would also look to join companies that are proactively upskilling their employees.

"These learning and development efforts indicate that the company is willing to invest in the long-term development of their staff to ensure that they stay relevant and competitive."

Food for thought: Are you ready for the change?

 

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Cited, The Straits Times