SINGAPORE, Dec. 15, 2016 /PRNewswire/ -- Launched by Economic Development Innovations Singapore Pte Ltd (EDIS), JobTechTM PMET, the first Artificial Intelligence and Big Data job technology platform to boost the re-employment chances of retrenched PMETs (professionals, managers, executives and technicians) is helping Mr. Kiasu find a new job.
Mr. Kiasu, himself being part of the active PMET workforce, was recently retrenched. Like many others, he had been caught up with chasing job promotions in the Singapore rat race and didn't expect retrenchment to hit him.
The retrenchment experience has opened his eyes to the unique challenges that retrenched PMETs have in seeking re-employment and new job opportunities. Mr. Kiasu found that despite the schemes and assistance provided, retrenched PMETs like him are struggling. Some of the struggles that Mr. Kiasu has personally experienced include:
1) Intense competition for his old job.
2) Employers seem to be less willing to consider older workers like him.
3) Information Overload. No aggregated view of available jobs in Singapore.
4) Difficulty identifying which jobs are genuine, and which jobs are duplicates/bogus.
5) The skills he has are no longer in demand by Employers.
Mr. Kiasu uses JobTechTM PMET, an advanced technology that reviews and analyzes online job data in Singapore, providing aggregated insights to boost the re-employment chances of jobseekers in searching and preparing for new job opportunities. Being who he is, Mr Kiasu wants to use the technology which gives him the best chance to find his next opportunity.
Some of the 'kiasu' features of JobTechTM PMET include:
1) Automated one-stop search platform: Mr. Kiasu does not like to 'spend' his mobile data by surfing to many websites to find where suitable jobs for him are. JobTechTM PMET lets Mr. Kiasu gets accurate, real-time and unified view of more than 90% of the available job vacancies in Singapore, including Jobs Bank.
2) Duplication Index: Mr. Kiasu believes in 'one-shot-one-kill' approach to job applications. JobTechTM PMET allows him to know which jobs are new and where he might have a better chance, as opposed to the jobs that have been re-posted many times in the last few months and which might be duplicates, or bogus job advertisements.
3) Targeted skills upgrading: Mr. Kiasu is anxious about his S$500 Skillsfuture Credit. He is only going to spend the money on something that increases his chances of getting a new job. JobTechTM PMET allows him to identify the skillsets required to land a job and to match the required skills to training opportunities funded through Singapore's SkillsFuture initiative.
4) Find jobs closer to home: Mr. Kiasu is almost 'broke' because he is out of work. He wants to save as much money as possible by reducing his transport cost on bus and MRT. JobTechTM PMET helps Mr. Kiasu to work closer to home by telling him the jobs near his home in Senkang so that he can apply for them.
Mr. Kiasu said, "I struggled for months to find a job and saw JobTech's advertisements to join the focus group to improve the technology. Besides 'chopeing' all the snacks and getting the NTUC voucher with serial number 888, I got a chance to meet Mr. Philip Yeo, the EDIS Chairman. When I asked Mr. Yeo to be help me find a new job, and he told me to use JobTechTM PMET. "
EDIS Chairman Mr Philip Yeo said, "I spent the better part of my career creating good jobs for all Singaporeans. I believe the issue of retrenched PMETs is an urgent problem that requires all parties to work quickly to find the solutions. We are delighted to partner with Mr. Kiasu to reach the retrenched PMET community. JobTechTM PMET will continue to be a complimentary service for Singapore PMETs as long as it is needed."
About JobTech
Economic Development Innovations Singapore (EDIS) Pte Ltd is a privately-owned international economic development company that is headquartered in Singapore, with overseas offices in the US and Germany. EDIS provides strategic advice and undertakes the development and management of integrated industrial parks. The EDIS management team comprises veterans who led more than 15 successful township and industrial park developments in Asia -- cumulatively creating 1 million high value jobs outside Singapore, and attracting more than US$20 billion of dollars of foreign direct investment to the selected locations. EDIS works with governments and global investors to leverage Singapore's development experience for the benefit of other countries. JobTech is a 2-month-old's Artificial Intelligence and Big Data startup technology company incubated by EDIS to help "Power the Jobs Economy". For more information on EDIS, please visit www.edis.sg.
About Mr. Kiasu
Mr Kiasu is an iconic Singaporean comic character. The character originates in the eponymous Singaporean concept of "kiasu", which literally means "scared to lose out' in Hokkien. Mr. Kiasu is effectively bi-lingual, university educated, and urgently looking for a job. He has been out of the public eye for the last decade as he had been busy in the rat race in Singapore. Mr. Kiasu is making a comeback because he was recently retrenched from his job. His CV can be found at: www.linkedin.com/in/kiasu
Contact:
Samantha Lim,
Samantha.Lim@edis.sg,
+65-9459-5321
