The Business Times
business-time-50
SUBSCRIBERS

Mentors are valuable co-pilots in today’s turbulent job market

google-preferred-sourceAdd BT as a preferred source
    • Mentorship is a form of long-term guidance in which an experienced mentor provides holistic support to a mentee in his overall development.
    • Mentorship is a form of long-term guidance in which an experienced mentor provides holistic support to a mentee in his overall development. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Maxim Tint

    Published Sun, Mar 24, 2024 · 09:00 AM

    THE job market has evolved into a highly competitive arena. Retrenchments last year more than doubled from 2022, and employment growth slowed.

    It is therefore unsurprising that most professionals, managers and executives (PMEs) surveyed in the National Trades Union Congress’ (NTUC) taskforce reports cited career progression as a key need or worry.

    Amid increasing job insecurity, it is more realistic to focus on career security. Seasoned professionals must continually reshape their skill sets based on their needs and priorities in life, which could change as well.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Career AdviceMental healthJobs and skills

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Lim's pay package includes about S$3.6 million as salary and around S$3.9 million as bonus, indicates the company's annual report.

    Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    Those aged below 30 account for the largest share of overqualification.

    More workers in Singapore opt for jobs for which they are overqualified: MOM, NTUC studies

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More