Heart of the Matter Podcast: What support do workers want from Budget 2024?
Deputy Prime Minister and Finance Minister Lawrence Wong will unveil the Budget on Feb 16. What is on the wish list for people in the workforce?
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The number of retrenchments went up in 2023 and workers are facing the brunt of a more volatile business environment. What kind of unemployment support do workers need? And what's on their Budget 2024 wish list?
Steven Chia speaks to Cheng Hing-Nan, lead coach at Workforce Singapore, Gerald Tan, projects director at Avodah Solutions and Lai Yong Liang, an urban farmer with Grobrix.
Cheng Hing-Nan:
That iron rice bowl concept doesn't work today. The challenge today's (professionals, managers, executives and technicians) are facing is keeping up with (change). How do (they) upgrade their skills as quickly as possible?
Gerald Tan:
A lot of people ... think a career switch is an outcome that comes automatically after taking a course. But it is just one of the things that you need to do to get yourself prepared for a career switch.
Lai Yong Liang:
Everyone needs to be entrepreneurs, to take control of their lives and careers. It doesn't mean you start a business, but to market, sell and deliver yourself (in any career).
Jump to these key points:
- 1:50 Changes in Singapore's workforce
- 4:13 Biggest impact on PMETs
- 12:46 Not everyone can make a career switch
- 19:56 The end of the "iron rice bowl" mindset
Source: CNA/cr
