As a 40+ PMET, landing a job with a competitive salary could take longer than expected. Here’s how WSG’s Career Support Programme (CSP) can help.
If you are a senior job hunter who is struggling to find employment, you are not alone. There are many mature jobseekers in the market today who desire a fresh new start in a foreign industry or need a better-paying occupation.
Many mature jobseekers find themselves applying for jobs in sunrise industries or lowering their salary demands to boost their chances of finding work even though the job scopes or salaries may not appeal to them. Some senior jobseekers choose to settle for a pay cut or an unfulfilling job scope. However, this can put a strain on finances, especially if you have heavy financial obligations such as mortgages, car loans, elderly parents to support and children’s school fees to pay. Furthermore, the process of job hunting can be tiring and time-consuming as well. Regardless of age, looking for a suitable job can be backbreakingly tough. It is difficult to find a job which pays your bills, is located near your home, and offers work-life balance.
This is where Workforce Singapore’s (WSG) Career Support Programme (CSP) can help. The team at the CSP believes that it is never too late to make a career change or seek employment. This programme encourages employers to hire Singapore citizen PMETs (professionals, managers, executives and technicians), including those 40 years and older, who have been actively searching for jobs but have been unemployed for six months or more. The team is passionate about helping senior job hunters regain their confidence. They seek to help mature job hunters discover smarter and easier ways to nail their job applications. In addition, they subscribe to the notion that age is just a number. Every jobseeker is capable of greatness.
The programme helps assure these jobseekers of a gross monthly salary ranging from S$4,000 to S$7,000 a month, meaning that you get to take home a salary within your expectations. Employers, in turn, are more likely to hire you because of the subsidies that they receive.
This helps to relieve job applicants of the financial burden that accompanies a job hunt. It gives them a greater sense of financial security. The program encourages job applicants to aim for a position which best suits their skills and demands.
How Does the CSP Work?
The CSP is a simple and straightforward means of helping senior job applicants. It goes beyond just subsidies. It gives senior PMETs a sense of financial assurance as they find their own paths and careers.
Under the CSP, PMETs aged 40 and above will be supported with salary funding in varying amounts across the first 18 months of employment and depending on the number of months they have been unemployed. This will give them a greater sense of financial affirmation and encourage them to pursue positions and careers that they are qualified for. Moreover, the CSP system will help senior job hunters cope with the absence of an iron rice bowl by ensuring that they have enough capital to cover their basic expenses.
If you have been unemployed for at least six months but less than a year, the CSP pays 40 percent of your salary in the first six months and 20 percent in the next six months of employment.
If you have been unemployed for at least 12 months, the CSP pays 50 percent of your salary in the first six months, 30 percent in the next six months and 20 percent in the following six months.
Let’s say you earn S$4,000 a month — this is how much salary support you will receive:
|Salary Support for Singapore Citizen PMETs||Unemployed and actively looking for jobs for six months to <12 months||Unemployed and actively looking for jobs for >12 months|
|First six months of employment||S$1,600/month||S$2,000/month|
|Second six months of employment||S$800/month||S$1,200/month|
|Third six months of employment||N/A||S$800/month|
|Total amount of salary support over 18 months||S$19,200||S$24,000|
Hear From Someone who Benefitted From the CSP
While the CSP initiative is relatively new, it has helped some lucky senior jobseekers.
For instance, the CSP has helped sixty-year-old Norman Tiah. Like many other veterans in the corporate world, Norman lost his business in the stock market crash of 2013. With a wife and three children to support, he had to adjust his lifestyle drastically, forcing him to find work in a new industry. Norman was nervous about the financial vacuum. He felt apologetic towards his wife and kids. At times, he even felt overwhelmed by the fear that he would be implicating his family. “We had to cut our spending, reserve our savings for the children’s education [and downgrade] to a smaller apartment,” he said.
That was when the CSP team stepped up to help.
The CSP helped Norman to secure a job matching his salary expectations at a security agency while his employer was able to benefit from his vast work experience. The team also ensured Norman received a decent salary for his qualifications in spite of the 2013 market crash. He now manages a team of 40 security officers as a Security Manager at IGC Security Services Pte Ltd. Norman has never been happier at his new company. Also, he is grateful for how the programme helped him regain his confidence even at a mature age. While he did take time to adapt to the new system, he eventually found his footing as a Security Manager and has come to enjoy his role.
“The programme helped me a lot. Prior to this, I was unemployed for three to four months but with the Career Support Programme (CSP), I was able to learn new skills that I would not have been able to gain otherwise, securing me a job,” said Norman.
This successful mid-career switch has inspired many of Norman’s friends too. Many of Norman’s associates followed in his footsteps and made bold decisions to recalibrate their job seeking strategies under advice and supervision from the helpful CSP team. Norman is a living testimony of CSP. He is proof that there is hope in the job market for even the most senior and mature jobseekers.
Norman is extremely satisfied at his new workplace.
“After I got a job, I encouraged my friends to learn new skills through Workforce Singapore’s Career Support Programme. Many of them have since landed a job! I would definitely encourage others to sign up for this programme because it helps you gain relevant knowledge and capabilities,” he added.
Winston Churchill stated that “Success is stumbling from failure to failure with no loss of enthusiasm.” You are never too old to learn, and it is through struggles and hardship that you discover your true calling. Whether you are a seasoned professional with years of experience in the industry or a greenhorn, it’s never too late to make a change to your life and your career – and that starts with CSP.
Take a bold step with the CSP today.
- The Straits Times, 2 April 2017 — https://www.straitstimes.com/business/economy/mature-pmets-and-the-value-they-bring
- Career Support Programme Fact Sheet, 31 August 2017 — http://www.wsg.gov.sg/content/dam/ssg-wsg/wsg/programmes/career-support-emp/WSG%20Enhanced_CSP_PUBLIC_Factsheet_20170905_V1.6(Final)_Public(001).pdf
- Workforce Singapore Tumblr, 2017 — http://workforcesingapore.tumblr.com/post/162030767968/3-failed-businesses-but-he-never-gave-up
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