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How workers and firms can hedge bets and widen opportunities
Just like you can’t rely on a single vitamin for your health needs, you can’t bank on just one pathway in the job market.
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Both workers and employers should diversify pathways to increase their odds of finding new opportunities and new talent, respectively.
PHOTO: UNSPLASH
Patrick Tay
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In a world marked by disruption, jobs are not safe. As if to underscore this point, the first nine months of 2023 saw retrenchments in Singapore cross 11,000
What can workers and firms do to brighten their prospects in these volatile times? It was precisely to answer this question that, in 2021, the SIM People Development Fund commissioned the Singapore University of Technology and Design’s Lee Kuan Yew Centre for Innovative Cities (SUTD LKYCIC) to research the topic.

