It has been recently revealed that HR professionals in Singapore will be getting even more support for upskilling as part of efforts to ensure that they are well equipped to reap the benefits as a result of the inevitable technology transformation. This will also ensure that these professionals possess desired skills to help with the post-pandemic recovery.
In order to facilitate this, the Institute of Human Resource Professionals (IHRP) will develop more and different learning avenues for HR professionals, with a greater focus on emerging skills, said Senior Minister of State for Manpower Zaqy Mohamad.
This was one of the recommendations by the HR Industry Transformation Advisory Panel (HRTAP) to help build a stronger HR sector in Singapore to enable business and workforce transformation.
The panel was convened last year to come up with ways for HR professionals to use more technology as they help workers and businesses transform.
The goals of the panel is to ensure more than 10,000 HR Professionals take up IHRP or equivalent certification, and confer 10,000 skills badges in emerging skills such as data-led talent acquisition by 2025.
“Through upskilling and supporting business and workforce transformation, we will continue to elevate HR professionals into strategic business partners and leaders. In turn, this also means better jobs in HR,” said Zaqy, noting that there are about 47,000 HR professionals in Singapore, of whom 90 percent are local.
It was also highlighted that the median wages for HR professionals have been steadily growing. Since 2015, said median wage has increased by 10 percent, and HRTAP aims to support these workers to take on roles with even higher value-add and wages throughout the HR transformation.
The panel has also recommended both targeted and broad-based initiatives to help companies build HR capabilities.
As part of its targeted support, the Ministry of Manpower (MOM) and IHRP are working with agencies to develop sector-specific HR playbooks, with curated tools and solutions.
Zaqy also mentioned that the Government will also integrate HR capability-building components into its enterprise support schemes, such as the Scale-Up SG programme, which helps high-growth companies.
