By Andrew Yeo, Published The Straits Times, 27 May 2015
"I DIDN'T do well in school. I think employers won't want the kind of qualifications I have."
"I DIDN'T do well in school. I think employers won't want the kind of qualifications I have."
That statement sums up the sentiments of many of my peers, and I sympathise as I, too, went to a neighbourhood school near my home in Ang Mo Kio, then to a polytechnic before getting a degree through a private education institution in Singapore.
Last year, I completed my master's degree in social policy at the London School of Economics and Political Science.
Late bloomers like my peers and me have struggled in a system that has, for years, rewarded those who did well early on in life, and was less than forgiving towards those who did not. That is so despite the latter group possibly having the skills, initiative and mindset that will make them employees of choice.
How does this play out in the local job market?
An intense paper chase has seen the share of residents aged 25 to 34 with university degrees soar from 7.2 per cent in 1990 to 52 per cent last year.
Singapore may have mistakenly assumed that "lecture-driven knowledge" leads to prosperity, when as author Nassim Nicholas Taleb points out in his book, Antifragile, it is wealth that leads to the rise in education levels.
Related to this is that Singapore's well-qualified workforce seems to be struggling to raise productivity, with this year being the third consecutive year of decline.
What do the head honchos say is impeding productivity gains?
The results of a 2014 survey of 150 chief financial officers in Singapore by human resource consulting firm Robert Half rated "motivating employees" (54 per cent) as the top factor in raising productivity of their teams.
Other factors such as "improving training and development of employees" (40 per cent) or "better adoption of technology" (25 per cent) ranked lower.
It is possible that career schemes that fast-track new hires based on academic qualifications disenfranchise others who could punch above their weight with the right grooming and motivation.
But change is afoot with a new national push to encourage the workforce to hone deep and specialist skills, to equip themselves for an economy continually disrupted by new technology and innovation. Under the SkillsFuture scheme announced earlier this year, over two million Singaporeans aged 25 and above will get an initial $500 to use on courses such as early childhood education, culinary skills and language lessons.







