4 minute read 3 Mar 2022

Singapore will need to balance its workforce transformation efforts between recovery and growth for the new economy.   

Young Asian taking notes while talking on smartphone in front of laptop

How to further bolster Singapore’s workforce transformation

Authors
Samir Bedi

Singapore Government & Public Sector Leader, Ernst & Young Advisory Pte. Ltd.; EY Asean People Consulting Leader

Lifelong learner. Passionate about talent and human resources consulting. Believer of human-centered growth. Sports enthusiast.

Jia Yong Goh

Partner, People Consulting, Ernst & Young Advisory Pte. Ltd.

People consulting professional. Experienced in supporting digital and workforce transformation. Professional Singapore Certified Management Consultant with TUV SUD.

4 minute read 3 Mar 2022

Singapore will need to balance its workforce transformation efforts between recovery and growth for the new economy.   

In brief
  • The pandemic has heightened the need to accelerate Singapore’s workforce transformation to meet the nation’s growth needs.
  • Sectors still recovering from the pandemic need help to transform, while those that are ready should be enabled to seize emerging opportunities.
  • Key efforts include developing green-related skills and jobs, helping the hardest-hit sectors, uplifting low-wage workers and supporting lifelong learning.

As Singapore recovers from the pandemic, there is urgency to hasten efforts to transform the nation’s workforce to drive socioeconomic growth. A balanced approach is needed for this. While businesses and workforces in sectors that are still recovering from the pandemic need help to pivot and transform, those that are well-placed to boost their capabilities should be enabled to seize emerging opportunities, particularly in sustainability and the green economy.

The workforce transformation measures announced in Singapore Budget 2022 are welcome and we look forward to more clarity and certainty on the following four key areas. 

Supporting the green transition

To drive Singapore’s green transition and achieve the goals set out in the Singapore Green Plan 2030, green-related skills and jobs should accordingly grow in demand. It is timely to develop a green job transformation map (JTM) articulating how organizations can transform their current job roles into green ones, while developing additional capabilities to create new in-demand green jobs.

The green JTM can be further augmented by a green skills framework outlining the emerging and critical skills needed for each green job, while complementing the existing 34 skills frameworks. It will also offer a clear pathway for enterprises to improve their human capital practices to raise, train and sustain a workforce that is well-positioned for the green economy.

Such a green skills framework fosters a nationwide approach to developing a green workforce by guiding institutes of higher learning and adult training providers in developing the right training programs. Such programs will develop green-related skills and enable individuals and employers on their green upskilling journey.

Helping the hardest-hit sectors 

Sectors most impacted by the pandemic — such as air transport, aerospace, tourism, retail and food and beverage — will face much difficulty in their recovery efforts. This in turn impacts their ability to attract and retain talent as employees may be apprehensive over the uncertain business outlook and job stability.

These companies need to offer differentiated customer experiences (CX) to rebound stronger. This entails reimagining their customer journeys, leveraging digitalization to engage customers and stakeholders differently as well as building stronger partnerships and collaborations. As driving a differentiated CX will require new or upskilled talents, targeted government support for organizational CX transformation efforts and related upskilling initiatives will be useful. 

Uplifting low-wage workers

The extension of the Progressive Wage Model to more sectors, including retail, food services and waste management, is laudable and will go a long way in enhancing the skills and remuneration of low-wage workers in these sectors. Job redesign can also be a key enabler for businesses to enhance the productivity of these workers.

The concept of job redesign is not new. What is new is adopting a structured way to redesign and reimagine how jobs are done, based on these four key facets: organizational strategy and structure, processes and tasks, technology and people. Given the interdependence of the four facets, a structured approach is critical to the effectiveness of job redesign. For example, changes in the organizational strategy can drive the adoption of new technologies, which in turn requires upskilling and the creation of a culture that supports digitalization.

To help companies in these sectors leverage the enhanced skill sets of their low-wage workers, more can be done to pre-scope technology and job redesign solutions within the ambit of the Productivity Solutions Grant (PSG). This will allow a more seamless process for enterprises to tap into the PSG to digitalize, automate work processes and redesign job roles. 

To be effective, job redesign requires a structured approach based on four interdependent facets: organizational strategy and structure, processes and tasks, technology and people.

Enabling lifelong learning 

The announcement to transform institutes of higher learning (IHLs) into institutes for continual learning sends a strong signal on the importance of lifelong learning. To help fulfill their ambition of providing continual learning, we look forward to details on how their programming can be more agile and aligned to emerging global and digital trends as well as incorporate industry-leading practices into learning and training pedagogies.

Similarly, there is an opportunity to flesh out how IHLs can work synergistically with the SkillsFuture Queen Bees — industry-leading enterprises that take on a lead role to champion skills development in organizations — to achieve a continuum in translating academic learning into industry practice.

While IHLs and employers have key roles to play in workforce transformation, individuals need to take charge of their own skills development and employability too. Enhancements to current platforms to allow individuals to manage their skills and career will also be useful. For example, the SkillsFuture program can be strengthened and complemented with a national skills index that individuals can access via the LifeSG app to take stock of learning and career pathways and plan them. The data generated will also offer valuable insights for future national skilling initiatives and interventions.

Finance Minister Lawrence Wong said in Singapore Budget 2022: “We have come this far as a nation because we are always thinking about tomorrow.” Indeed, such forward planning is needed so that Singapore’s workforce remains relevant, resilient and competitive. The wheels are set in motion with the Budget 2022 announcement and the details of implementation are highly anticipated.

This article was first published in The Business Times on 2 March 2022.

Summary

Singapore Budget 2022 announced several measures that will transform the nation’s workforce to meet the demands of the new economy. Efforts should focus on developing green-related skills and jobs, helping the hardest-hit sectors, uplifting low-wage workers and promoting lifelong learning.

About this article

Authors
Samir Bedi

Singapore Government & Public Sector Leader, Ernst & Young Advisory Pte. Ltd.; EY Asean People Consulting Leader

Lifelong learner. Passionate about talent and human resources consulting. Believer of human-centered growth. Sports enthusiast.

Jia Yong Goh

Partner, People Consulting, Ernst & Young Advisory Pte. Ltd.

People consulting professional. Experienced in supporting digital and workforce transformation. Professional Singapore Certified Management Consultant with TUV SUD.