Top 4 Industries for Better Career Prospectus in Singapore

These industries in Singapore ensure great salary packages and high job prospects as well.

Everybody wants a well-paying job, especially if you’re in that point of life where you have to choose a career but not certain about what to choose. Then, job security is the next concern to deal with.

Singapore is the land of opportunities.

Career Opportunities

The nation is the worldwide hub of industries like Banking, IT, Healthcare and Wholesale Trade. These champion sectors are expected to generate more jobs in the country.

Here we have rounded up existing industries in Singapore that promise the highest average wages along with a better career run.

Read Also: ATTENTION! Why Businesses in Singapore Are Prone to Cyber Attacks

Healthcare:

According to a recent report on ageing by the United Nations, 40.1% population of Singapore will be above 60 by 2050.

Ageing Graph

The prediction seems true as people with grey hair make up 14.4 % of the total population in 2017.

It means that health care services should be increased to meet the need of the elderly population.

No wonder that the Ministry of Health has speculated that 30,000 more healthcare workers would be required by 2020. The spending on health care is expected to reach $13 billion by 2020. One more thing—Singapore is the fastest growing biomedical hub of Asia, requiring a sound workforce to deliver better services.

All abovementioned facts indicate that there is a bright career in healthcare. General Managers can earn S$390,000 per year while a registered nurse can make up to S$35,375 a month.

IT:

IT has always been a popular career choice among young Singaporeans. After all, we are counted among the smart nations due to the ever-increasing involvement of technology in daily life. IT sector covers the industries belonging to electronics manufacturing, software development, PCs, smartphones, tablets and other services related to IT.

The sector is expected to grow twice as fast as the general economy. It was adjudged the best performing sector in 2017 with the growth rate of 60%.

The sector will add another 16,000 jobs by 2020, of which 13,000 are expected to be PMETs. An individual with a degree plus 6-10 year experience can earn between $8,000 and $11,000 monthly. A CTO with degree masters and 15-20 years’ experience can expect a monthly salary of $13,000 to $21,000. Software, web and multimedia developing are counted among the most in-demand jobs.

Data analyst ($4,800-$6,300), application architect ($8,000-$11,000), and mobile application developer ($3,300-$4,700) are popular job options in IT filed.

Read Also: 10 Mistakes That Make Your Ecommerce Website a Hacker’s Target

Financial Services:

Singapore has established itself as a leading financial and banking hub of international repute. According to Z/Yen and China Development Institute, the nation is the 3rd most competitive financial centre in the world. PWC ranked it 2nd on its City of Opportunity Index. Deloitte found it to be the 6th largest wealth management centre in the world.

There are over 200 multinational banks in Singapore. The Monetary Authority of Singapore has aimed to create 3,000 jobs in financial services every year till 2020. The sector is growing at the rate of 2.4%, emerging as a great opportunity for the job seekers in the financial sector.

In-demand jobs include compliance officer ($4,500-$8,000 per month) insurance underwriter ($5,000-$7,000), tax manager ($7,000-$9,000), risk credit analyst ($2,400-$4,500), and trade finance manager ($5,000-$12,000). Operations regional director can earn $14,000-$19,000 a month.

B2B:

The wholesale trade, which is the trading of goods between businesses, has been emerged as a promising career field over the years. A whopping number of 34,000 wholesale trade businesses are already present in Singapore. And 325,000 people have been employed in the industry. This number will be up due to the strong demand for infrastructure and the rise of consumerism in the nation. The Trade and Industry ministry has aimed to create over 10,000 new jobs in the sector by 2020 through its wing, International Enterprise (IE) Singapore.

Read Also: Why Businesses in Singapore Need Digital Marketing to Grow?

Bottom Line:

You must have understood how these industries can benefit your career in the long run. However, right skills and degrees are required if you want to succeed in any of the above-given industries. Apart from that, you need to update your skills. Soft skills like listening, teamwork, flexibility, and creativity are equally essential. Best of luck!!!

5 Essential Pieces of Technology for Your Business

Make sure to incorporate these essential pieces of technology with your business practices to streamline your business administration and management as well.

In today’s world, no business can survive without technology. Outstanding advances in computer hardware and software have transformed today’s business scenario. The modern day technology helps track processes, manage data flow, maintain employee records, and improve connectivity. Most importantly, it minimizes the requirements of manpower and physical resources in most workplace operations. This way, businesses can have more time to focus on their productivity and revenue.

From software, Ethernet, servers to flash drive, there are so many pieces of technology to choose from. However, be mindful of what can go with your daily operations. Here we have outlined some pieces of technology you can start with.

ACCOUNTING SOFTWARE Simplifies Your Financial Management:

Accounting is a cumbersome and time-consuming job, especially if you are not a pro. Let’s make it easy with accounting software. Today’s accounting programs are simple and can be used by someone with little to no accounting knowledge. For example, you can view expenses, inventories billing, update, and payroll. Choose the accounting program being equipped with the features like sales, inventory, tax calculator, invoice/paystub generator and credit memos.

WEBSITE to Reach Online Customers:

In Singapore, nearly 80% of people use the Internet to find businesses. Therefore, it is essential to have a business website to get those customers. A website is like a virtual shop where the users can view your offerings, discounts, profile, and address.

Read Also: Why Businesses in Singapore Need Digital Marketing to Grow?

Cloud Computing When You Lack Resources:

You don’t have money to buy expensive servers. You can’t afford to hire staff to maintain those servers. Then, there is a lack of space to deal with. Don’t worry! Cloud computing is your answer.
It is a virtual computing environment where you can share, store, edit and process your data. This way, it eliminates the need for expensive server and HDDs. In other words, cloud computing is your computing infrastructure over the net.

Read Also: Why Small Businesses in Singapore Should Choose Outsourcing?

Online Conferencing System to Set Meeting Anytime, Anywhere:

The online conferencing system enables you to meet distant business partners and clients. It is really useful when you are not able to meet them in person. From giving a demo, training to the presentation, a sophisticated online conferencing system is what you need.

Project Management Tools to Control Your Projects Efficiently:

Such tools help you take care of your team, tasks, and deadlines, without even being in the workplace. Generally, project management apps like Trello and Asana enable you to create projects, monitor progress and collaborate.

These apps let you see which team member is assigned to what project and how the progress is going on. With these apps, team members can share files and set communication. When task is assigned or changes are made, team members are notified by the software. You just stay on the top of project management using your smartphone or desktop from anywhere, anytime.

So these are the essential pieces of technology every small business owner must have. After all, they help manage most of the daunting business tasks. Good thing is that most of the technologies given above are not expensive. In fact, cloud and project management tools are free up to a certain limit.

Read Also: How to Promote Your Business Online in Singapore for Better Productivity?

How to Improve Customer Satisfaction with Social Media

Learn here how to make the most of social media platforms to improve and retain your customer.

Last week we did research on how small businesses in Singapore use Instagram, Facebook, Twitter, and social media platforms.

And we found that most businesses haven’t leveraged these platforms rightly. They just share the posts and pictures without sparking off an engaging conversation with their audiences. In fact, they haven’t appropriate community pages to their business. No wonder if they are not seeing more likes or more retweets which can be their potential customers. Remember, social media is a powerful tool to boost your customer base. You need to use it strategically.

All you need to connect and engage with your audience through social media. What are their concerns? Are they happy with your services? Do you respond to their comments? Do you have started a campaign to connect with your more audience?

Here are the things to keep in mind to ensure better customer satisfaction with social media.

Respond to Feedback:

To keep your audience engaged and maintain good relations with them, it is important to respond to their queries. No matter if you get positive or negative feedback, aim to reply to every comment as possible.

Even acknowledging their positive feedback with thanks will make them feel like their opinion is really valued.

Don’t leave alone the negative feedback. Remember, it is likely to get more attention than positive ones. Stay polite and ask the users what problem they had with your product. Afterward, you can present a solution to their problem or give a reason. However, if there are a lot of negative reviews or complaints, there is an issue to be resolved.

But one thing is for sure—responding to the queries will keep you consistent and in their touch as well.

Team Up With Another Brand:

Nowadays, many brands are working together to give better services to their customers. This strategy can work if you are looking for a competitive edge. But make sure you have customers with similar interest and that you and your partner can complement each other with your offerings.

For example, if you are a real estate agent, you can partner up with a construction material supplier to expand your customer base.

Ask For Feedback:

How do customers feel about your products? Are they happy with it? Asking the customers for feedback is an important thing you can’t afford to miss. Customers will appreciate your products when they are asked for their opinions. They will feel involved and appreciated. Feedback strategy will let you know the areas of improvement or the plus points in your product. If you improve your product according to customers’ feedback, it will tell them that you actually care about them.

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Highlight Your Customers:

An amazing way to build your brand loyalty! Try to highlight the customers who have done interesting things with your product or service. For example, if you sell instant noodles, you can feature the consumers who have made interesting recipes with your brand. Or you can share the stories of the people who are getting excellent results with your product.

Not only it encourages others to use your brand, but it gives a human tone to your products.

Humanize Your Brand:

In 2014, Procter and Gamble ran a campaign, #LikeAGirl associated with their feminine hygiene brand, Always. The campaign invited people to express “what it means to act like a girl”. The reaction videos went viral across social media channels. Similarly, Dove campaign tried to invoke emotion and improve the perception of people about themselves with their Dove Real Beauty Sketches campaign. Although these two campaigns are more emotional and thought-provoking, they effectively related the “brand” with people. It is like invoking emotions and delivering the message that has to be associated with your brand somewhere.

So these are the things that should be on your social media platforms. Keep one thing in mind—know your audience and their requirements. It will help you create effective and customer-centric social media presence.

Awesome Gadgets for Your College Bucket List

Gone are those days when the technology was made for only riches. The big brands cashing in the profits with unattainable MRPs still exist but mind set has changed a big time. Since the e-commerce has gained popularity and has become a big time alternative to going physical shops, the innovators are running on their toes to bring something new and better every single day.

Times Straits in a recent researched pressed that, “PEOPLE IN SINGAPORE SPEND OVER 12 HOURS ON GADGETS DAILY“. One of the nations in the world which has been way ahead of the time when compared to other developed nations.

Time Spent by Singaporeans on Gadgets

Image Source:

Now in this post we are featuring some of the gadgets which are yet to rock the online portal but can become your new college accessories. It’s less of carrying something iconic but something which can be very useful and lasts long; and can add productivity to your regular life.

Also Read: 4 Gadgets You Should Gift to Your Kids

Solamigo Solar Panel Back pack:

Solamigo Solar Panel Back Pack

Solamigo has designed a new solar backpack equipped with antitheft features letting your charge your devices on the run. It also provides smart storage compartments. Let’s have a look on its features…

1. Solamigo has numerous well thought pockets like access cards on your shoulder to have a quick access.

2. Solamigo will let you charge your phone on the go, that too without worryingabout charging your bag first and then use iton the way. It has solar panel on the hood and thus you may walk on the go without thinking of charging at all.

3. TSA zipper lock makes it unbreakable.

4. Anti theft feature zip line does not let anyone else than you to open the zip lines.

5. It is waterproof and has a massive management compartments letting you to pack your bags the way you want.

Endeavour Notebook

An heirloom quality notebook system that lets you refills the notebook at your will!

Endeavour Notebook

The inner notebook detaches from the core classy leather cover and you can always add a new one with the set of tools to be given along the product. It protects your notebook from damaging and the storage also becomes easy. Like a jacket for your notebook.

Flectr 360 Omni Bicycle Reflectors

Omni reflectors are the new designed reflectors which accept the reflection from 360 angles. Yes you read it right and thus gives your bicycle to reflect like a light.

Flectr 360 Omni Bicycle Reflectors

1. 360 degree visibility – Multi-direction reflectivity increases your safety. It reflects like a light itself is glowing.

2. Micro prismatic technology – The regular reflectors comes with the glass bead reflectors, which might be good but Omni has thousands of metallic cubic corner prisms making it the perfect next generation.

3. Non-static light patterns – The fact of visibility says that Rotating, pulsing and moving light grabs way more extra attention than the static one.

4. NEW: One size design – With a simple cut along the integrated cutting aids you adapt FLECTR 360 OMNI to your rims.

5. No air drag & no dynamic imbalance – With a weight of 2 grams, FLECTR 360 OMNI leaves your wheels unaffected. Moreover with its unique 3D design and dirt repellent technology makes it a custom reflective film technology.

6. Custom reflective film technology. – Unique 3D conformable film with reliable bond and dirt-repellent surface.

Bricks Power Wireless Charger:

“A savvy stick on power bank has its own set of features other than looking beautiful.” It has the ability to stick to your phone without hindering the vocals and lets it charge. With strategic design it can act as a stand or you can use it as a desk top charger or can push it back. This multi utility when compared to other wireless charging devices available in the market easily wins in many aspects.

BricksPower-Wireless-Charger

  • The stick on facility does not let your phone to drop
  • It can be used as a stand
  • It has battery detachable
  • It is portable
  • Can work as a phone stand
  • Cheaperthan any other portable Charger in the market to offer.

Let’s carry the future with us. The fifth element life is not far enough. Let’s live the innovation to give life a better tomorrow.