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5 Things to Consider Before a Mid-Career Switch

Singapore has had a growing trend of mid-career switches since 2016. According to one report by Channel News Asia, a huge number of Singaporeans age 40 and above have made a career switch. Healthcare, banking and human resources are some of the most selected sectors middle-aged people choose for this important decision. If you’ve ever thought of making a similar decision, here are a few things to consider before making a mid-career switch.

1. Realize first if you are happy

Being dissatisfied is normal in the workplace. But if you have been unhappy about your job for a long time, it might be a good thing to consider finding a new one. This feeling often comes with constant frustration, complaining, jadedness and dread whenever you go to work. So if you are regularly feeling this for quite some time now, don’t be afraid to make a move.

2. Look for industries that interest you

From hybrid car rental for Grab driving to the Workforce Singapore’s (WSG) Nursing Professional Conversion Programmes, there are many opportunities for people to try other careers. Look for the sectors that interest you. It’s possible that they’re in great demand and would welcome middle-aged candidates for the position.

3. Immerse yourself in the industry

Once you’ve established the career you want, immersing yourself in that industry is the next step. Get to know people who are in that sector through networking. Reaching out to your circle of friends and family who are in this sector would be an excellent place to start. You can also do this by going to online groups or social media channels like LinkedIn. Once you’re in the industry, don’t stop making connections since this would be crucial for your immersion and success.

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4. Consider the competency for the job

Passion is an essential factor to have a successful career. But another aspect to consider is competency. It’s important to know if you have the proper skill set for a specific job. Of course, these can be learned as you perform the task or on the field. But there are certain jobs, such as those in the health and technology sectors, that require a level of competency. To find out if you have the knack for it, review your job experiences and ask trusted colleagues or family for advice. If you can, take courses (online or in school) to develop your knowledge and skills further.

5. Prepare a plan for finances

It’s important to remember that switching careers requires some sacrifice. This includes a portion of your finances. Finding a new path means you have to rely on the resources you have, such as your savings. Consider the cost of courses, training programmes and networking efforts. Before you make the leap, be sure you have sufficient budget for at least six months. Once you’ve planned that out, it would be more convenient to live off your savings for the meantime.

Switching Careers is Scary but Worth It If Done Properly

Feeling anxious about switching careers is normal. But know that there are many other opportunities out there. Along with these possibilities, you can find happiness in something you’ve always wanted to do. You can also discover the potential you never thought you had. What’s important is to plan and map out your future properly. Then, decide to do the switch because you’ll never know what’s going to happen if you don’t try.

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