Sunday, January 8, 2023

Micro-credentials: The new way forward to plug talent gaps and support lifelong learning - Arina Sofiah, Human Resources Online

However, the global issue of attracting and retaining talent remains prevalent in the post-pandemic world. In the ICT sector specifically, Singapore faces a talent gap of 19,000, particularly in roles like software engineering and development. As one tech leader pointed out: “Singapore is home to 80 of the world’s top 100 tech companies and over 3,800 tech enabled start-ups, yet one of the nation’s biggest challenges that persists is talent shortage.” As a whole, Singapore needs 1.2mn additional digital workers by 2025 to remain competitive, according to a report commissioned by Amazon Web Services. Clearly, there is a need to nurture a strong pipeline of local talent, including fresh graduates and mid-career professionals, while ensuring our existing workforce remains relevant and competitive in this fast-changing digital economy.

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