Despite current economic uncertainties and a weaker demand from some end-markets such as consumer electronics, there are still bright spots within the electronics industry driven by the Internet of Things,
Artificial Intelligence and the rise of electric and autonomous vehicles. These changes, coupled with industry transformation, will not only generate new jobs, but also enhance and transform existing roles for both PMET and Rank-and-File (RnF) workers in various disciplines such as engineering, support technology, finance, human resources and business analytics.
Reskilling (For New Hires)
The adoption of Industry 4.0 solutions has increased the demand for workers with the necessary skills to manage and handle these new processes and technologies. To help companies in the semiconductor industry cope better with changes in this transformation,
SSIA has been working with the Workforce Singapore (WSG) to ramp
up reskilling efforts through the Electronics Professional Conversion
Programme (PCP) for operators and PMETs. Under this program, companies can consider hiring new roles from the large pool of mid-careerists who bring with them a wealth of working experience and simply need a quick period of retraining to bridge the skills gap. Moreover, each participating company can receive funding up to 90% of 6 months’ salary.
Redeployment (For Existing Employees)
Helping enterprises retain their workers during this challenging period is one of the initiatives highlighted in the Budget 2020. For the semiconductor industry, the PCP Programme can also help to
equip employees with the necessary skills to take on new job roles within
the companies. Participating employers will also receive funding up to 90% of 6 months’ salary. Companies who are interested in joining
the program can email firstname.lastname@example.org for details.