Over 56% of overall vacancies constituted PMET job vacancies. This is a 3% increase from the previous 53% in 2021.
This rise suggests that growth sectors like Information & Communications, Financial & Insurance Services, Professional Services, and Health & Social Services saw the greatest demand for skilled workers.
More specifically, the following job scopes remain in high demand:
- Technology e.g. software, web & multimedia developers and software & applications manager
- Business development and sales e.g. managers and executives
- Healthcare e.g. registered nurses
Conversely, the rise in PMET vacancies reflects a corresponding fall in non-PMET vacancies.
But what are some reasons for this rise in PMET vacancies?
We won’t list out all, but here are the top three factors:
- Unattractive pay (34.7%)
- Lack necessary specialised skills (34.1%)
- Lack necessary work experience (27.1%)
From this, it becomes evident that inadequate qualifications is no longer a strong reason behind unfulfilled positions in PMET roles. Rather, skills and attitude were identified as greater determinants of one’s work aptitude and employability, even with minimum qualifications.
Increasingly, more employees are being more self-aware and confident of their own worth. This means that the job title itself is not enough, leading to many job seekers looking for higher pay and not settling for any wage undercutting.
Fun fact: At least six in 10 PMET employees agree that their work makes a positive difference in the world, thus making their career more meaningful.
