As large companies contend with the pandemic-induced “great reshuffle”, many are now looking for a new type of talent.
In the United States, this new talent is known as skilled through alternative routes, or STAR talent. They are without bachelor’s degrees, but have rich and relevant skills as well as work experience that prepare them for higher value-added roles and responsibilities.
Singapore is well positioned to this new STAR-driven talent dynamic, as skills emerge as the new hiring currency in the market, where there are more job vacancies than workers available. In fact, there are 2.5 vacancies for every unemployed person here in Singapore.
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