Orient Magazine Issue 81 - April 2021 - Page 45

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Conversion Programmes and the Job Redesign Reskilling / Redeployment Programmes .
WSG works closely with companies in their journey not only through this pandemic but in preparing the workforce for a future of rapid technological developments and digitalisation . Among the UK companies based in Singapore , Prudential Singapore , one of the city state ’ s leading life insurance companies , employs around 1,400 people locally and was one of those , among many , who saw benefits in participating in the SGUnited Traineeships and SGUnited Mid- Career Pathways programmes , as well as the Professional Conversion Programme ( PCP ).
Prudential recruited over 70 trainees since August 2020 . In the words of the Head of Future Ready Workforce at Prudential , Ms Neetha Nair , the traineeship programme is a good way for young graduates and mid-career individuals to gain experience in and knowledge of the insurance industry . It provides , she says , an opportunity to tap an additional talent pool to support the growth of the business .
For both the Singapore workforce and WSG , it is no longer a question of merely bouncing ‘ back ’ from a pandemic but more about bouncing ‘ forward ’ into the future .
Prudential has also been developing future ready skills for their employees through the PCPs . Ms Nair adds that for Prudential , the Redeployment PCP allows them to potentially reskill their employees into roles in growth areas in technology functions and equip their people with skills in Design Innovation ,
Data Analytics and Programming . This helps them better meet the evolving needs of their customers and expand their people ’ s skillsets as they now continue their digitalisation journey .
Nexia TS is an established mid-tier accounting company who has similarly seen a positive outcome . It is an independent member firm of the Nexia International network in the UK , with a staff strength of 250 . To date , they have hired more than ten trainees from the SGUT and SGUP programmes with the new graduates seeking to learn while the experienced ones complement job placement in varied departments ranging from audit , tax compliance to human resource .
On the other hand , two mid-career PMETs impacted by business transformation were successfully redeployed within the firm last September . Both staff , who are technology-trained , underwent a six-month PCP offered by Institute of Internal Auditors ( IIA ) Singapore , and are now proficient in internal risk control to undertake risk advisory projects .
FUTURE OF WORK :
WORKFORCE TRANSFORMATION & TECHNOLOGICAL DEVELOPMENTS