Singapore’s workforce is facing a pressing need for upskilling as the nation intensifies efforts to prepare for an AI-driven future. Despite initiatives like SkillsFuture and the Graduate Industry Traineeships scheme, many professionals feel they are lagging behind. A recent study reveals that 54% of professionals worry about missing opportunities due to inadequate skills, whilst 70% believe lifelong learning is crucial for adapting to technological changes. Furthermore, 61% seek guidance on relevant skills, yet nearly half lack clarity on current demands.
In response, LinkedIn has introduced Career Hub, a personalised career development platform aimed at helping organisations connect skill-building with career advancement. The platform is designed to address the gap in career development, as only 43% of companies in Southeast Asia are considered “career development champions” with effective programmes linking skills to business outcomes. Despite 95% of companies recognising the importance of learning and rewards for retention, many struggle with time and resource constraints.
Career Hub aims to enhance retention by fostering internal mobility, which has shown to improve retention rates by up to 72% in the Asia-Pacific region. This initiative promises to strengthen workforce continuity and institutional knowledge. Early adopters like Tripadvisor and Netsmart have already seen positive results in reducing attrition and boosting internal mobility.
