In the wake of COVID-19, fresh university graduates have seen tremendous challenges in job search. A survey from gradsingapore showed that nearly 80 percent of respondents think it will be tough to get a good job in 2021, while the other 26 percent intend to launch a start-up after graduation instead of working for an established employer. Job-hunting competition has also become more intense, with fewer than 70 percent of university graduates getting employed full-time in 2020.
When asked what factors are the most important when choosing employers, survey respondents said that working under a good leader comes as the first important factors, followed by good career progression prospects, equal opportunities, job security, and personal development and growth. Meanwhile, the least important for graduates when choosing employers are status and prestige, attractive office location, attractive products and services, international interaction/opportunities, and driving innovation.
Among the companies mentioned, the most desirable employer for fresh university graduates mentioned is Microsoft – a consulting, IT and technology firm, followed closely by the Ministry of Education, DBS Bank, Ministry of Health, and Mastercard as the top five on the list. Shopee, Amazon, 3M, Micron Semiconductor Asia, and J.P. Morgan ranks in the top 10 desirable companies to work for in 2021.
Microsoft is a global tech company headquartered in Redmond, Washington, United States. In 2020, Microsoft Singapore is partnering with Digital Industry Singapore, Infocomm Media Development Authority, and SkillsFuture Singapore to upskill, place and fill the demand for its tech-enabled jobs.
As of today, the company employs more than 10000 employees worldwide with revenue of approximately $10+ billion USD, according to Glassdoor. Most of the positive reviews on Glassdoor said that the company offers guidance from experts and talented people. With a great benefits package for employees, 90 percent of reviewers said they would recommend Microsoft Singapore to a friend.
Ministry of Education
Glassdoor reviewers rate the job in MOE with 3.7 stars as it provided stable job, competitive pay and bonuses. MOE also provides a great work-life balance; but there is a long working hour during school time and the work-life balance is somehow challenging. Interestingly, more than 50 percent of the reviewers would recommend MOE as a great employer to work for.
DBS Bank is a leading financial services group in Asia with a presence in 18 markets, headquartered and listed in Singapore. In 2020, DBS Bank was named as the best bank in the world for financial publication Global Finance and the world’s best for its response to the global pandemic.
Although DBS Bank got a 3.8-star review on Glassdoor, 71 percent of reviewer cited they would recommend the company as a great place to work. The firm has a positive review of having great work-life balance and a good working environment.
Ministry of Health
The Ministry of Health (MOH) is an innovative and people-centred organisation, committed to medical excellence. MOH works closely with government agencies, and public and private healthcare stakeholders to manage the public healthcare system.
As of today, the company employs more than 500 to 1000 individuals and gets 3.9-star reviews, according to Glassdoor. “You can have a good work-life balance and all the colleagues are very nice,” wrote one reviewer. MOH also provides a pleasant working environment with long hours of work.
Mastercard is a tech company focusing on the global payments business. Mastercard has a mission to connect everyone to Priceless possibilities. The company has also acquired several rewards, such as Best Place to Work in 2017, DiversityInc Top 50 Companies for Diversity in 2016, Top Companies for Women in 2013 through 2016, and more.
Mastercard Singapore acquired 4.3-star reviews on Glassdoor. Nearly 90 percent of reviewers would recommend Mastercard to a friend as the firm provides a friendly work environment for personal development and great benefits package and salaries.
For a full list of Singapore’s 100 Leading Graduate Employers 2021, please click here.
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