Personal and Organizational Development

Question: Discuss the current marketplace for graduate employment opportunities (including graduate training programmes). In this section you can provide a general overview or focus on a particular industry or even your particular discipline, for example, finance. Answer: Introduction Singapore has a successful open market economy and regularly scores well on lists of the least corrupt nation all over the world. Since 2009, the country has been ensuring booming work opportunities and has achieved a strong growth economically. These all the reason the percentage of nations unemployment has been reduced by 2 percent in 2014 (Islam and Kirkpatrick 2016). For healthy job market in Singapore, the nation is now in the third position relating to the per capital income. In this context, Singapores graduate medical field is going to be discussed in this assignment. Discussion Singapore has established a strong healthcare excellence. Currently the nation is holding the worlds forth best position in healthcare. The best part is that the nation is currently spending less than 4 percent of GDP on this industry and still providing a universal coverage for Singaporeans with several layers of care (Brown, Lauder and Sung 2015). Singapore is among the best in the world for practicing high standard medical science. There are a lot of craze among Singaporean youth to join in the healthcare business. In the year of 2011, the graduate medical education of Singapore has been modeled after the UK system. This new system was based on cumulative assessments and apprenticeship (Docquier, Ozden and Peri 2014). After graduate, the doctor generally spent their first year as an intern and after that they could select the course of graduate medical science. In graduate medical studies, the students are gone through a lot of basic specialty training for the period of three year s. Furthermore, the system accommodates another 3 years specialty training for advanced studies. In the previous graduate medical education system prior to 2010, a lot of focus was given on training, structured rotational supervision system under the departments head. Eventually, the broad based surgery training was reduced. Fig 1: Graduate Medical Education System Prior to 2010 According to previous graduates, there were many concerns raised previously regarding the system of the medical practice in Singapore. The lack of training, structural deficiency, and insufficient supervision were the main defaults found in the graduate medical training process. After the recent remodeled structure, the graduate medical students are getting various opportunities to work as intern and get the exposure of real time experience under supervising patients with qualified doctors. Furthermore, newer competencies such as communication, professionalism, scholarly activities, practice based learning and system base practice all incorporated in the changed graduate medical practice curriculum. Singapores knowledge and innovation intensity economy is the reason for the remarkable growth in medical technology. All medical graduates are getting the best facilities and structural supports through their learning process. On the other side, many hospitals are developed by the ministry of health, Singapore. The government has largely contributed towards an integrated care model to provide patients holistic and integrated care. Singapore now has the First World Health care system, rated sixth in the world by the World Health organization. Fortunately, the medical graduate students have been quite efficiently handling all their responsibilities. They have successfully increased the life expectancy of Singaporean people, increased survival rates of infant, and successfully achieved one of lowest fewer than five mortality rates across the world. However, many Malaysian medical graduates find difficulties to accommodate themselves for housemanship in their hospitals, whereas Singapore graduates are not facing any difficulties because hospitals provide all such provision for their undergraduates. The best part about the current programs is that they can increase their self attentiveness, responsiveness by practicing best practice method on daily basis. Recently Hospital Tengku Ampuan Rahimahs one of the physicians said that Malaysian graduates hardly get instant opportunity for housemanship (Leggett and Cook 2014). Thus, a large section of Malaysian students has taken up offers from Singapore. Apart from the growth content, Singapore graduate medical authorities have been criticized by Malaysian Medical Council. They said that Singapore has already given conditional offers to 20 percent of Universities of Malaysia and University Kebangsaan Malaysia medical students. They further criticized that students have not even sat in their final exams but get their degree on time. However, Singapore government strongly defends all these facts. The context of the graduate labour market of Singapore has changed significantly in recent years just because of the technological and infrastructural development. It has ensured an overall growth of the economy. In case of the medical graduate training programs the DIO has a certain role under the changed healthcare system. The position demands to establish and implement policies and procedures regarding the quality of education and the work environment for the students who are the integral part of this improved training system (Blank and Cheng 2015). It means that many Singaporean are attempting to increase their participation in higher education. A large section of people are trying to engage in healthcare industry because this industry is promising for the nations growth. Ye (2014) has also shown that a more promising picture has emerged prior to 2010, with most healthcare institutions (private or public) increasing their graduate recruitment target for upcoming years. However th ere is a serious issue in the Singaporean labour market that many of the recent medical graduates face being sidelined in favor of those graduates who have gained some valuable practical medical experience as a junior or who have received deferred graduate offers from the employers (Yahya 2015). This issue has become bigger day by day because many employers give their preferences or wants to employ more experienced and potentially more skilled doctors for their health organizations. In other way, instead of recruiting raw graduates, experienced medical practitioners have reentered into the labour market as a result of redundancy. Conclusion By the above discussion, this can be said that Singapore labour market is stable and promising for fresh graduates as well. However, the identified issues must be resolved by the intervention of the Singapore government. The labour market should ensure equal job opportunities for all graduates. References: Blank, R.H. and Cheng, S.H., 2015. Mixed Governance and Healthcare Finance in East Asian Healthcare Systems. In The Palgrave International Handbook of Healthcare Policy and Governance (pp. 359-375). Palgrave Macmillan UK. Brown, P., Lauder, H. and Sung, J., 2015. Global value chains and the future of high skills: evidence from Singapore and implications for the UK. Docquier, F., Ozden, . and Peri, G., 2014. The labour market effects of immigration and emigration in OECD countries. The Economic Journal, 124(579), pp.1106-1145. Driffield, N., 2013. Global competition and the labour market. Routledge. Islam, I. and Kirkpatrick, C., 2016. Export-led development, labour-market conditions and the distribution of income: the case of Singapore. Cambridge Journal of Economics, 10(2), pp.113-127. Leggett, C. and Cook, J., 2014. Human Capital Development in Singapore. Tackling Youth Unemployment, p.301. Yahya, F.B. ed., 2015. Inequality in Singapore. World Scientific Publishing Company. Ye, J., 2014. Labour recruitment practices and its class implications: A comparative analyses of constructing Singapores segmented labour market. Geoforum, 51, pp.183-190.