A robot might replace your job – but only if you let it.
Current labor market trends show that if ever there was a good time to re-skill and re-skill, it would be now.
The World Economic Forum (WEF) warns in its 2020 Future of Jobs Report that the recession and robot revolution could replace 85 million jobs by 2025. Machines are set to take over information, data processing, administrative tasks, and routine manual jobs for administrative staff and blue-collar workers.
The Covid-19 pandemic, border closures and national lockdowns have accelerated changes in an unprecedented way, with companies around the world accelerating the digitization of work processes and automation, and millions of low-skilled workers bearing the brunt of these changes.
However, the bright side is that an estimated 97 million more jobs will be created, particularly in industries that require soft skills such as critical thinking, creativity, reasoning and communication. These industries include artificial intelligence, content creation, engineering, cloud computing, and product development.
The catch is – are you the kind of worker that companies want to retain, or hire, in 2025?
The World Economic Forum says that to keep their jobs in the next five years, 50% of workers will need to reskill. In fact, by 2022, 42% of the basic skills required to perform current jobs are expected to change.
Some like Tan Soo San, who works in the travel industry, made the first move. When the pandemic hit her industry, she decided to take a short course in the micro-accreditation on risk management and network with Taylor University to “stay competitive in the market”.
“I learned how to manage risk effectively,” Tan says, adding that she plans to use her skills on her upcoming projects. “Risk management helps prepare for the unexpected while risk communication theories can improve message discrimination.”
With this realization, workers have to pivot in their career path and align with the needs of the industry, now that the Malaysian government has allocated RM1 billion under the 2022 budget for upskilling and reskilling programmes.
This also accommodates the tax credit for those looking to upgrade their skills, with exemptions ranging from RM1,000 to RM2,000 for expenses incurred when attending skills rehabilitation courses, which can be claimed until 2023. Those looking to attend special skill development courses They will get tax exemption of RM7000 for the course fee, as long as they are registered with an accredited institution or body.
Upgrade to fit in the future
Reskilling and reskilling can take many forms such as additional responsibilities in the current job role, job rotation, training by peers or through a company’s own learning and development program.
However, one can agree that there are obstacles—whether it be company policies, a lack of opportunity, or the way job roles are structured—when employees want to “try” other job roles in which they are not skilled or enroll in a company-funded program on a skill that is not at all related to their job. .
However, if you are looking for flexible short courses that will help you gain the required skills you want without hurting your pocketbook, and even get a certificate for that, there are small certification programs available.
What are micro certificates?
“Micro-Certificates, or MicroCreds as we call them here at Taylor’s, are an industry-recognized certification for learning a smaller set of credit-value courses. It is designed to validate, validate and demonstrate that you have knowledge, skills or competencies in a particular field,” says Prof. Dr. Pradeep Nair, Vice Chancellor and Chief Academic Officer at Taylor University.
“It is shorter and more flexible than traditional certifications and is tailored to current market trends for various industries and professions.”
Additionally, some of the university’s MicroCreds are stackable, which count toward the credits needed to earn a degree if one chooses to complete a degree program. Furthermore, these courses are taught by experienced industry experts and academics, and graduates will be awarded an e-certificate and a digital badge upon completion of the course.
Taylor’s MicroCreds program offers courses in various areas of study including strategic leadership and management, entrepreneurship, artificial intelligence, data science, cyber security, digital design, communication management, education technology, and hospitality data analytics, among others.
Pradeep believes that micro-accreditation is the way of the future, hence Taylor set out to provide these options for her students, graduates as well as working adults, with the goal of providing something for everyone.
Do you need specific software proficiency in Oracle Java, Microsoft Azure, CDPOS, or Salesforce? Earn MicroCreds at Taylor’s College School of Professional Studies. Want to start a pastry or catering business? Taylor offers MicroCreds in Food Cost Management. Worried about not getting a job because you’re “just a business or design graduate”? There are modules on data analysis and data science, or even digital marketing, to consider.
Stay ahead of the game
Such options for upskilling and reskilling are critical to Malaysians at this point, says Pradeep, whose McKinsey & Company report, Automation and Resilience: How Malaysia Can Navigate the Future of Work, confirms the findings of the World Economic Forum.
By 2030, we will see 4.5 million people lose their jobs in Malaysia. He notes that this represents about 25% of the country’s workforce.
“Fortunately, the new jobs emerging are those that can coexist with technology, hence the need to upskill or reskill, not just for career advancement but to retain their jobs.”
Pradeep says such choices will become increasingly prevalent as people approach education with a lifelong learning mindset, which permeates education with their working lives, as various waves of Fourth Industrial Revolution and industrial upheaval continue to emerge.
However, besides just keeping a job, many are looking for a career change because the days when people stayed in the same job most of their lives are long gone.
If the idea of changing a career or acquiring a skill has crossed your mind in the last year, you’re not alone. A 2017 McKinsey Global Institute survey estimated that as many as 375 million workers, or 14% of the global workforce, would change jobs or acquire new skills by 2030. But that was a precursor to the pandemic. Now, the World Economic Forum puts the figure at one billion.
Wan Putri Sakinah is a skilled person with a possible change of mind. “I’m a graphic designer, but I’ve been looking for a short user experience course for some time before discovering Taylor’s MicroCreds,” she says, adding that she found the course brief, informative, and engaging in related tasks. “I want to upgrade my design skills and explore the possibility of getting a job in UX, as well as keeping up with industry demand.”
For Wong Weng Khye, getting Taylor’s MicroCreds in professional acting helped him gain useful skills he could draw on when hosting events or client presentations, as well as fueling his desire to explore acting one day.
“I wanted to learn how actors and actresses honestly live in a fantasy world. After that, I would like to experience the performing arts industry one day. I am very happy that I was taught by an experienced teacher,” he says, adding that the course improved his self-expression and self-esteem. .
“Acoustic projection, rhythm, and nonverbal communication were some of the most important things I learned.”
For more information on Taylor’s MicroCreds, visit https://bit.ly/Taylors-MicroCreds