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Singapore employers face talent crisis; 66% fear skill shortage, 38% battle for top talent in 2025

https://theindependent.sg/singapore-empl...t-in-2025/

Singapore Employers Face Talent Crisis: 66% Fear Skill Shortage, 38% Battle for Top Talent in 2025
 
Source: The Independent, Singapore
Date: Tue. Dec 24th, 2024
 
Theme: The article highlights the growing talent crisis facing Singaporean employers, with a significant portion fearing skill shortages and competing fiercely for top talent.
 
Core Points:
 
- Skill Shortage: 66% of Singapore employers express concern about a looming skill shortage.
- Competition for Top Talent: 38% of employers are actively engaged in a competitive battle for top talent.
- Talent Crisis: The combination of these factors indicates a significant talent crisis in Singapore's workforce.
 
Phenomenon: The article does not provide specific examples or case studies to illustrate the talent crisis. However, the statistics presented paint a clear picture of the challenges faced by Singaporean employers in securing and retaining skilled talent.
Why would talented people want to work for untalented bosses, especially parachuted bosses.
And why would ordinary company reject own locals for a job when there is no training to be future talent?
(24-12-2024, 07:37 AM)Alice Alicia Wrote: [ -> ]Why would talented people want to work for untalented bosses, especially parachuted bosses.

There is a risk-averse culture in the SAF owing to the scrutiny that decisions are under in a rigid hierarchical system, while there is more of a risk management culture in the private sector. This why SAF officers are unable to apply and adapt the unique skills they learnt in the army into a different environment. Senior military officers may know how to manage large resources and deploy budgets. However, they do not  have the same grasp of the profit motive. This is why I cannot understand the reason that so-called "global searches" for a CEO for SMRT never go beyond our army camps. 
(24-12-2024, 07:11 AM)Bigiron Wrote: [ -> ]Singapore employers face talent crisis; 66% fear skill shortage, 38% battle for top talent in 2025
Singapore Employers Face Talent Crisis: 66% Fear Skill Shortage, 38% Battle for Top Talent in 2025

This is the standard excuse by the SG govt to commit "economic genocide" of the local workforce through their "open leg" policy.

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(24-12-2024, 08:55 AM)EvertonDiehard Wrote: [ -> ]This is the standard excuse by the SG govt to commit "economic genocide" of the local workforce through their "open leg" policy.

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This kind of 'open leg' policy is good.  Laughing
(24-12-2024, 09:57 AM)winbig Wrote: [ -> ]This kind of 'open leg' policy is good.  Laughing

There is more to come:

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really no talent wor

from manpower to smart nation also can screw things up

another professional job hopper

one cannot talk properly good in flipping file

another jinx of transport causing pollution everywhere using excessive roadwork

how to find real talent?
This is the consequences of phasing out local in favor of foreigner for decades. Local talent of course will be extinct. Not that local dun have talent it is the doing of the leadership in place in various authority and organizations ministry .
Before many will praise these leadership very good. When one day they are left to fend for themselves and living in a strange land, wonder they still can enjoying what they have endorsing.