Professional Services Industry

“I Was Jobless but Not Hopeless”

“I Was Jobless but Not Hopeless”

Jobless but not hopeless: Louisa found help in a time of need and now opens to share how she overcame her barriers and finally clinched a job with a pay increment, in hope of encouraging others seeking career guidance or a job…   Louisa Koh | 39| Marketing & Communications Opportunity Costs “Being unemployed can be very difficult, and anyone who’s been jobless is usually not spared from feelings of despair, helplessness and sometimes hopelessness, whether you’ve been out of work for two months or a year. I completed a contract job stint at the end of January without the option of a renewal, and realised this was a pivotal point in my career—I was considering either moving up the ranks or making a mid-career switch to a more financially rewarding role. Staying at the same rank had its opportunity costs, as there was stiff competition from entry-level applicants will ...

Andre Foo: How I discovered my career interest

Andre Foo: How I discovered my career interest

There has been a rising trend of professionals in Singapore who leave their corporate jobs in pursuit of more meaningful work that interests them. While their stories often inspire others to think about pursuing their life goals, some of us might wonder, “What are some steps I should take to find my career interest?” Andre Foo, 30, was a corporate banker for two years before he decided to take a step back from his full-time job and make a career switch. Take cues from his story to help steer your towards your career interest. 1. Set aside time to self-reflect Andre worked as a corporate banker for two years, selling financial products to prospective clients. However, he realised that being good in the job is not necessarily an indicator of job satisfaction. “Every day I’d look at numbers and targets, and would ask myself if this is what I really want to do. Even if you move up to the m ...

Retrenched and unemployed for one year: lessons learnt

Retrenched and unemployed for one year: lessons learnt

In 2016, 16,810 permanent employees in Singapore were retrenched. In addition to a bleak world economy, digitalisation became one of the main factors that led to layoffs. Valerie, a senior executive, shared her experience of being retrenched in September of 2016.  “Those who work in the same industry as me would have been aware that there was a decline in the global demand, due to technological advancements. In a way, I would have known that the industry was affected, but I wasn’t aware that the company was carrying out a cost-cutting measure,” she recalled, “it was quite a surprise how it was carried out. We were informed to attend a meeting with HR, and that was when the retrenchment was announced, with immediate effect.” In addition, the retrenchment took place at the end of the year, which is a period where most companies do not hire new staff. “Based on the seasonal hiring tre ...

Close