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No need to get degree, you will end up as office boy

dancingshoes

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The Big Read: As graduate numbers grow, a hard truth: Not all degrees are equal


Even though large numbers of graduates are able to land jobs, some are underemployed, be it by choice or circumstance, according to anecdotal evidence from graduates and human resource experts.


SINGAPORE — After graduating with a second-class upper degree in human resource management, Mr Tan, 30, took some time to land a full-time job and he is currently doing administrative work — buying office supplies and processing claims. “I wished that we were taught more skills in university instead,” he said.

Another graduate, Mr Tang, 27, who has a chemistry degree, has been working in an admin support temporary position for the past 18 months. “Unlike our parents’ time, it seems like there are many people holding a degree now but the fact is there are many jobs out there that do not require a degree holder to do the work.”

On the other hand, there are graduates who have, by their own volition, ventured into careers that have little to do with what they had studied for in university. A PhD holder in biomedical sciences, Dr Christopher Yang, was a research fellow at the National University of Singapore’s Yong Loo Lin School of Medicine when he made the switch into the financial sector four years ago.

The 41-year-old said his biomedical career was going well, having received a grant to advance immunology research. But a series of circumstances — including the outlook of the industry, and the birth of his fourth child — led to him making the career switch. “I had to seriously think about my career path and prospects,” said Dr Yang, who is now an accredited financial adviser.

In Asia, Taiwan and South Korea, have been experiencing an oversupply of graduates, with double-digit youth unemployment rates. In contrast, Singa*pore enjoys close to full employment, and more than 80 per cent of graduates from publicly-funded universities and the more-established private institutions are able to find jobs within six months of graduation.

Nevertheless, policymakers are keeping a close eye on the situation. Anecdotal evidence from interviews with graduates and human resource experts shows that even though large numbers of graduates are able to land jobs, some are underemployed, be it by choice or circumstance.

Underemployment occurs when highly-skilled people work in low-paying or low-skilled jobs, as well as when part-time workers prefer to be employed full-time.

Internationally, underemployment is hard to define because of the subjectivity involved — such as a worker’s preference and whether qualifications equate to skills and performance.

In October 1998, following an international conference among labour statisticians, the Organisation for Economic Co-operation and Development decided to adopt “time-related underemployment” as the universal indicator for objective comparison across countries.

Singapore’s Ministry of Manpower (MOM) uses the same indicator, which measures the proportion of part-time workers who desire to work more. Over the years, the overall proportion of underemployed graduates has stayed low, hovering around 2 per cent and reaching a three-year low last year. However, the underemployment rates for the arts as well as social services sectors stood at 9.3 and 6.4 per cent, respectively.

Still, the overall underemployment rate here is significantly lower than in other developed countries. In the United Kingdom, for instance, one in 10 people are considered underemployed as of last year. In the United States, the proportion is 15 per cent as of March.

Last year, then-Manpower Minister Tan Chuan-Jin flagged the issue as one to watch: “While we are not facing the unemployment and underemployment problems in other countries, we will not be immune to these trends … The proportion of degree holders in our workforce has been increasing.”

He added: “The market has begun to differentiate between degrees that carry their full worth in knowledge and skills, and those that are essentially paper qualifications. We should, therefore, encourage our young to pursue their interests and go for substance when considering their education and career paths”.

Agreeing, Mizuho Bank senior economist Vishnu Varathan said that, over time, the situation could be exacerbated by the exit from the workforce of baby boomers holding high-value-added jobs. With economic restructuring and as part of the evolution of the labour market, Mr Varathan said: “Not all of these jobs will be recycled back to the younger generation.”

He noted that while attractive salaries — as a result of the tight labour market — could keep part-time workers content for now, the current level of wages for part-timers might not be sustainable in the long-term.

Difficulties in measuring underemployment
In order to ensure Singapore keeps a lid on the situation, Nee Soon GRC Member of Parliament Patrick Tay, who is part of the labour movement, has repeatedly raised the issue of underemployment in Parliament.

Speaking to TODAY, he said the Government should re-examine the conceptual definition of underemployment and how it is measured. He suggested conducting a comprehensive survey for the various industry sectors to understand the required worker competencies or skills for specific jobs and whether the people holding these jobs are over-qualified.

“There is currently a lack of data and a survey will help us assess the real extent of the underemployment problem,” he said.

Human resource expert Linda Teo, who is country manager of ManpowerGroup Singapore, also stressed the need to analyse data on the pool of underemployed workers. She said: “Could it be a case where their qualifications are no longer relevant? Or that the affected workers have not upgraded themselves and kept up with the challenges in the industry?”

Nanyang Technological University (NTU) economist Walter Theseira pointed out that underemployment is a growing area of research in many countries, given that the number of people around the world with advanced qualifications is higher than ever before.

But he noted that it would require extensive efforts to conduct a study on what is essentially a grey area. It would involve, for example, looking at each job and its role and getting experts to determine the type of qualifications required. “What do you call the right level of education for a job? Workers can make up for a lack of formal qualifications with experience and other skills, so the right level of education may differ from person to person,” he said.

Mr Varathan agreed that such an endeavour would be fraught with difficulties. Assumptions have to be made, including assuming that qualifications equate to job capabilities, he said. Also, “there is always the possibility that people think they are underpaid for a job”, he quipped.

To better understand the underemployment situation, he proposed using productivity figures alongside unemployment data to determine if the labour force is being tapped to its full potential.

In response to TODAY’s queries, MOM said that due to the subjectivity involved, there was no internationally established method for measuring non-time-related underemployment. Its spokesperson pointed out that MOM also tracks labour utilisation and employment outcomes, and that information on employment by occupation and education qualifications is collated and made available publicly.

Nevertheless, the ministry acknowledged the spike in the number of degree holders here as well as the “increasing access to private educational institutions or alternative routes that offer degrees of varying quality”.
Its spokesperson said: “We need to help individuals equip themselves with the skills needed to take on the quality jobs of today and tomorrow.”

To this end, the SkillsFuture Council, chaired by Deputy Prime Minister Tharman Shanmugaratnam, was launched in September last year to spearhead efforts to develop an integrated system of education, training and career progression for Singaporeans. “Overall, we have to create a culture where workers are motivated and able to continually acquire relevant skills and experience that will help them advance in their careers,” the MOM spokesperson said. “This includes degree holders, who must also take ownership of their individual career and training development throughout their lives.”


Singapore labour force statistics by the Ministry of Manpower
Employees must be skilled in multiple disciplines
The MOM’s labour force report last year showed that the proportion of degree holders grew by more 10 per cent over a decade to 32 per cent last year. In particular, degree holders made up more than half of local workers aged 25 to 39 last year.

The report also showed that degree holders with qualifications in education (0.7 per cent), health sciences (1.7 per cent) and engineering sciences (2.8 per cent) had the lowest unemployment rates as of June last year, and were well below the average for all residents (3.7 per cent).

At the other end, graduates of the fine and applied arts (6.2 per cent), mass communication and information science (6 per cent), and humanities and social sciences (5.3 per cent) had higher unemployment rates than the norm.

Over the past year, Will (not his real name), 29, had sent out more 100 applications, but the sociology undergraduate — who will be graduating this year — has yet to secure a full-time job. He enrolled in a part-time degree course offered by a private university three years ago, spending S$23,000 on fees in a bid to boost his employability. “I thought getting a degree would help me move up the career ladder, but it did not,” he said.

But he is in the minority, though there are concerns among policymakers about students spending much time and effort in getting private degrees, only to realise later that their degrees are irrelevant to the job market.

Graduate unemployment here remains low. As of June last year, the graduate unemployment rate was 3.9 per cent, marginally up from 3.6 per cent in 2013.

Human resource experts advised Singaporeans to be more selective in the type of degrees that they pursue. Increasingly, employees have to diversify their skills sets to stay relevant to the labour market, they said.

NTU’s Assistant Professor Theseira noted that while everyone might aim to attain a degree, “not all degrees are created equally”. Mr Varathan pointed to the increasing number of degree holders in regional countries who could provide stiff competition in the job market here. Having working experience alongside qualifications will also start to gain traction among employers, he said.

ManpowerGroup’s Ms Teo urged industries and universities to put in more effort to address misconceptions about unpopular jobs.

“Getting students to explore a wide spectrum of careers and piquing their interest in lesser-known but very viable career alternatives can go a long way in nipping underemployment in the bud,” she said.

Mr Adrian Tan, director of Career Ladder, a career consulting firm, recounted meeting mid-career professionals such as engineers who had to take on entry-level roles after their expertise became obsolete. He said that in the future, employees have to be skilled in multiple disciplines and should find opportunities to apply these new skills even outside of work. “The old career expectation is no longer relevant. You can’t depend on your qualifications and expect your career journey (to be) catered to until your retirement,” he added.

Paradoxically, it is partly this desire to develop himself and pick up new skills that saw Dr Yang take the leap into a second career that has little to do with his degree in biomedical sciences.

He recalled how he had taken a 50 per cent pay cut when he first became a financial adviser and had to pound the streets, approaching strangers as he looked for potential clients. He has few regrets leaving the biomedical sciences industry. Now, he is able to provide for his family and his flexible work schedule allows him to spend more time with his children.

Experts noted that, increasingly, workers — especially younger ones — may opt for jobs for which they are over-qualified, in the name of pursuing their passion, greater work-life balance or other intangibles. For instance, Gen Y employees tend to prefer to work in well-known companies and have “low reliance on monetary benefits”, observed Mr Mark Hall, vice-president of staffing agency Kelly Services.

http://www.todayonline.com/singapor...s-grow-hard-truth-not-all-degrees-are-equal-0
 

Microsoft

Alfrescian (InfP)
Generous Asset
Sinkie simply love degree...many jobs dun nid huan...berry soon...it will be necessary...degree in security, cleaning and taxi driving...:biggrin::biggrin:
 

xpo2015

Alfrescian
Loyal
Same for HDB flats lah. Oversupplies of HDB flats made their prices drop.

I wished there will be oversupply of MPs and Ministars. So taxpayers won't have to pay them so much salaries.

I think GMS will not be happy about this.
 

CoffeeAhSoh

Alfrescian
Loyal
Sinkie simply love degree...many jobs dun nid huan...berry soon...it will be necessary...degree in security, cleaning and taxi driving...:biggrin::biggrin:


"if he got only One Degree Then i worry.

Two and or Three Degrees are Much Better than One Degree.

You Try Applying Jobs with One Degree ??? :

 

tanwahtiu

Alfrescian
Loyal
with recent open source technology sharing ideas among developers it become hard to find where the jobs will be and which course to study.

Apple SWIFT is open source codes and how and where do you find the right course to begin with?

I see the future of sharing ideas among developers sooner more big companies will begin to close up.

Going to break up soon is the car industry using batteries technology TELSA. Kiss goodbye to combustion engine.
 

bigboss

Alfrescian
Loyal
because his degree is not from mumbai

Ya, la. Do it the ah neh woman way. Buy a degree, embellish your academic qualification and inflate your work experience in your resume, and voila, the blur blur employer, like IDA, will welcome you with open arms and legs.
 

bigboss

Alfrescian
Loyal
Mr tan and mr tang must count themselves lucky to have a job.
With the degree mills churning out the degrees, the PMETs age of going unemployed starts to get younger.

When foreigners with fake degrees, bogus degrees, mill degrees, and all kinds of degrees from toilet universities can find jobs in sinkie land, the sinkies graduating from NTU and all other bona fide universities in the island are fucked.
 

bigboss

Alfrescian
Loyal
Same for HDB flats lah. Oversupplies of HDB flats made their prices drop.

I wished there will be oversupply of MPs and Ministars. So taxpayers won't have to pay them so much salaries.

I think GMS will not be happy about this.

The high salaries paid to MPs and Ministers are not dictated by the oversupply, they are highly paid because of greed, not because of their desire to serve the country. One woman pappies MP is on record of having said that if her pay of MP was cut, she would consider quitting.
 

virus

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When foreigners with fake degrees, bogus degrees, mill degrees, and all kinds of degrees from toilet universities can find jobs in sinkie land, the sinkies graduating from NTU and all other bona fide universities in the island are fucked.

apparently NTU,NUS has no stake in any career development. reputable gahment, business and organisation stay away from them with 10 foot pole. otoh, top notch business development comes from famous places like south pacific uni.
 

laksaboy

Alfrescian (Inf)
Asset
The pappies and the so-called 'labour union' will insist that there are plenty of jobs, you just need to (invest time and money) to retrain yourself and upgrade your skillz. Become office boy is also a good thing, no need to be choosy, you can soak up the valuable experience which can be useful for your next dream job. :wink:

Meanwhile, inside the IDA... :wink:
 

laksaboy

Alfrescian (Inf)
Asset
apparently NTU,NUS has no stake in any career development. reputable gahment, business and organisation stay away from them with 10 foot pole. otoh, top notch business development comes from famous places like south pacific uni.

Oh, but NUS keeps sending me the quarterly AlumNUS magazine... which in all honesty reads like a PAP newsletter. The most recent issue had plenty of SG50 nonsense in it. :rolleyes:
 

laksaboy

Alfrescian (Inf)
Asset
And on and on the 'a degree is not (that) important' or 'you can achieve success without a degree' propaganda continues since National Day Rally 2014. You know it's the agenda when even the Education Minister publicly mentioned this. :wink:

The pappies could have got away with this, made the situation more plausible and palatable... and then the FT degree mill scandal happened. Henceforth it's been nothing short of a full-blown damage control for them. :biggrin:
 

NanoSpeed

Alfrescian
Loyal
Oh, but NUS keeps sending me the quarterly AlumNUS magazine... which in all honesty reads like a PAP newsletter. The most recent issue had plenty of SG50 nonsense in it. :rolleyes:

You sure you have been receiving quarterly AlumNUS magazine, and not from Southern Pacific University ?
 

The_Hypocrite

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Asset
The problem with the typical Singkie is the degree to them is everything and super big deal, the be all and end all till they get the reality check sets in. For this mentality is the fault of both parents and the kids. How many times have u heard parents tell the kids,,u don't study hard etc u end up washing dishes/car mechanic (get yr hands dirty all the time)/plumber/ hawker etc etc,,,,everyone must be a doctor, lawyer, engineer, teacher, etc.

Look at the ang mor lands, people in trades are the biggest earners as their skills is very hard to outsource. Electricians, plumbers, land scapers, builders (construction workers) these skills are all needed by anyone,,,but it has been soo looked down upon that now no singkies do it, and this industry is dominated by mudlanders. Even if a local singkie want to go in,,they get kicked out. Imagine an industry dominated by m&ds,,,what happens if u shut the door on them? you house will stink,,,if the plumbing fails,,,

And I remember in the past, if one went to VITB or ITE,,,Its The End,,,,so the situation now is the fault of singkies,,,,
 

tanwahtiu

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Loyal
this is the problem created by LKY to invite Westerners companies to Singapore and told them cheap Chinese labours in Singapore.

Brainwashed the people to move up angmoh corporate where the most they can get into is Manager. LKY snubbed creativity to build local entrepreneurships for fear of uprising against his fake nation building program. Cornered 60% of industries under his PAP GLC flag. This man is evil.

How do Singaporeans get ahead? The clever ones migrate lah.

The problem with the typical Singkie is the degree to them is everything and super big deal, the be all and end all till they get the reality check sets in. For this mentality is the fault of both parents and the kids. How many times have u heard parents tell the kids,,u don't study hard etc u end up washing dishes/car mechanic (get yr hands dirty all the time)/plumber/ hawker etc etc,,,,everyone must be a doctor, lawyer, engineer, teacher, etc.

Look at the ang mor lands, people in trades are the biggest earners as their skills is very hard to outsource. Electricians, plumbers, land scapers, builders (construction workers) these skills are all needed by anyone,,,but it has been soo looked down upon that now no singkies do it, and this industry is dominated by mudlanders. Even if a local singkie want to go in,,they get kicked out. Imagine an industry dominated by m&ds,,,what happens if u shut the door on them? you house will stink,,,if the plumbing fails,,,

And I remember in the past, if one went to VITB or ITE,,,Its The End,,,,so the situation now is the fault of singkies,,,,
 

JohnTan

Alfrescian (InfP)
Generous Asset
The problem with the typical Singkie is the degree to them is everything and super big deal, the be all and end all till they get the reality check sets in. For this mentality is the fault of both parents and the kids. How many times have u heard parents tell the kids,,u don't study hard etc u end up washing dishes/car mechanic (get yr hands dirty all the time)/plumber/ hawker etc etc,,,,everyone must be a doctor, lawyer, engineer, teacher, etc.

Look at the ang mor lands, people in trades are the biggest earners as their skills is very hard to outsource. Electricians, plumbers, land scapers, builders (construction workers) these skills are all needed by anyone,,,but it has been soo looked down upon that now no singkies do it, and this industry is dominated by mudlanders. Even if a local singkie want to go in,,they get kicked out. Imagine an industry dominated by m&ds,,,what happens if u shut the door on them? you house will stink,,,if the plumbing fails,,,

And I remember in the past, if one went to VITB or ITE,,,Its The End,,,,so the situation now is the fault of singkies,,,,

This is an Asiatic society that we live in. Like nearly all Asiatic societies, there must be a huge income gap between the higher castes and the lower castes. For Singapore, we only mandated that non-degree holders get paid lower than degree holders. It's a lot better than any mudland or pinoy or Indian society, where the inequality is much worse.

Carpenters, plumbers and other blue collared workers can get a good pay in Europe or Australia or Canada because their society has evolved to be more equal and spreads out the wealth more. If you feel such a society is better for you and your family, please migrate and adopt western values. As long as you adopt Asian or Confucian values, it means you endorse the concept of huge inequality between the upper and lower class. It's a package deal. You can't have one without the other.

The Americans are now gradually adopting our Asiatic values. Their middle class is in decline and they are paying their fastfood workers and other low-skilled workers the minimum poverty wage.

That's why my kids study hard and do well in school. As a good parent, I want them to have the best headstart in life. Why can't you get your kids to spend more time reading and learning, instead of doing wasting time on tv and reading the garbage spewed out by the anti-singapore, opposition people?
 
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