According to the latest May 2016 report by staffing firm Kelly Services, the highest-paying jobs in Singapore come from these five sectors: information technology (IT); accounting, sales and marketing; banking and finance; and the healthcare and life sciences.
Leading the list, IT technology heads are estimated to command between S$13,000 and S$24,000 a month, according to the Kelly Singapore 2016 Salary Guide. The emergence of IT as on the highest paying industries can be attributed to the Government’s aggressive development in the infocomm sector. Some of the most sought-after job roles are: compliance manager, financial technology developer, big data developer, digital marketing manager and scientific and regulatory affairs specialist.
Though sluggish growth in the banking and finance industry is expected, Singapore’s economy continues to be well-regarded as a triple-A rated economy with strong growth potential, a sound and stable location for business expansion as well as for investments. In turn, this bodes well for career opportunities in this sector.
For those of you who are thinking of forging a new career path, discover what it is that you do best and begin to develop your strengths to put yourself in good stead. If you are thinking of becoming a financial planner, then you should ask yourself this question first and foremost: do you love helping people? Will you derive a sense of satisfaction when you see your clients reach their financial goals and realise their dreams? If you have answered a resounding “yes”, then it is high time to consider that career switch!
Nowadays, financial planning is not just about selling insurance policies or cold calling random prospects. The new breed of financial planners are committed to helping our clients map out their ultimate goals, and advising them on how they can use their resources to turn their dreams into reality.
What it takes to be a financial planner
It is more than just numbers and cents – being a good financial planner requires heart and communication. The better a communicator you are, the more likely your clients are inspired to trust you and will be more motivated to implement the plans you recommend.
You need tenacity and thick skin – you will probably face a lot of rejection in this business. To make it past “No” time and time again requires optimism and a resilient spirit. Experienced planners say it can take a half dozen or more contacts to turn a prospect into a client.
It can be extremely rewarding, and not just financially – this is not like any other financial career where you help rich people get richer. The best part of this job is that you get the opportunity to help everyday people achieve their financial goals and attain their dream retirement lifestyle.
Conclusion:
Before you get your head start, it is important to truly understand being a financial planner is like running a marathon; it is better to go slow and steady. Financial planning is ever-evolving, and you will have to invest your time and efforts to turn your client’s success into yours.
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