Looking for a new job isn’t just about spamming every single job advertisement and then taking the offer of the highest bidder.
You have to be strategic about which companies you apply to. That’s because industries rise and fall in Singapore faster than the tides.
Getting a job in an industry that’s on the rise, and you could find yourself enjoying rapid promotions and a vertiginous ascent of the career ladder in the years to come.
Pick the wrong industry and you could find yourself retrenched, or just toiling away year after year for in a dead end job with no prospects for the future.
To help you out, here are the industries receiving a ton of hype in Singapore:
FinTech
Over the past few years, the number of fintech startups in Singapore has grown.
Some of the FinTech company enable the users to use payment online, online loans, insurance, and credit cards for free and apply for them at the click of a button.
Besides, a local bank OCBC has been incubating fintech ideas in their innovation hub Carpe Diem since 2013. It was the first to launch Open Application Programming Interface (API) that helped to streamlined banking processes.
Potential job openings in fintech can be found in tech start-ups, banks, and established financial institutions.
Tech start-ups
Start-ups can be a good place to start your career, especially if you choose the right business at the right time.
In the past couple of years, the tech start-up in Singapore has exploded. Entering an early or middle stage start-up means you have a good chance of being offered company shares. It also means that if the business makes it big, you’ll be making a lot more than your salary.
Freelancer
Do you want to work at your own pace? IYou can join the fast-growing gig economy as a budding freelancer. Social media has made it easier to reach out to customers, whether you are a home baker, manicurist, beautician or have designed your own line of clothes.
With a good network of clients, you could also become a freelance writer, designer, video producer, or a combination of all.
However, there are many reports of freelancers not getting paid on time. So you have to be extremely disciplined with your time and finance management to ensure that you stay profitable.
Health and Fitness
The fitness landscape in Singapore has evolved dramatically over the past decade.
These days, Singaporeans are looking for more varied and more novel fitness options. Boutique fitness businesses are more likely to succeed than ever before.
Medical industry
Singapore’s high-quality healthcare systems serve a rapidly ageing population and also attract a high number of medical tourists from the region.
MedTech manufacturing will be a major area of growth to support the healthcare industry. This fast-growing industry will require researchers and engineers who can design better equipment for healthcare professionals, be it implantable pacemakers, or better tools for cosmetic surgery.
So, which industries in Singapore do you want to work in? You can share your option in the comment section below, fellas!
Read more: Tech Giant’s Horror Reaction to Singapore ‘Fake News’ Law