13 Companies Hiring During COVID-19 That Will Look Good On Your Resume

October 19, 2020

by Chengkok with 4 Comments General Economy Money Management Money Mindset

We Singaporeans worry very much for our wealth. With property prices so high and also the age of your parents catching up on them, you worry that money is not enough. When COVID-19 slammed the brakes on our economy, some of you might have been left stranded. I have friends who are in their early 30s being retrenched and others on the chopping board.

As we look for another job, we get judged that those jobs are “not good enough for us”, “we are unwilling to suffer” or “we are unwilling to be humble”. It feels like we are being spat at by potential employers and older generation that we are unwilling to work hard as compared to the previous generation. According to Today, there are 33,000 vacancies across 10 industries. Why are there still so many vacancies in this pandemic? It is not that you don’t want the job. You know that you are willing to work hard. You know that you need to earn money. Unfortunately, you worry because you wonder where this job can take you in the future. You fear that if you accept this current vacancy, you might be “stuck” in this role forever. This is because your future employer will question on the relevant of your “recent” job experience when they read your resume.

You fear that this will affect your resume and future prospects. You want your role to be of value.

That’s right. You can’t be flipping burgers because there is a vacancy. You need a job that can be of value to your resume. That’s why you are here today. I have short-listed 13 companies that are still hiring during COVID-19. I believe these 13 companies will look good on your resume and be an accelerator in your future job prospects. Some of these companies are well known in the industry and have great growth potential in the future. I have ranked them from the most job vacancies to the least.

Enjoy and good luck! (Job numbers updated: 10-Oct-2020)

OCBC (301 Jobs)

OCBC has committed to hiring more than 3000 to support jobs creation drive in Singapore. The full-time roles ranges from OCBC Bank ,Bank of Singapore, OCBC Securities Pte Ltd, as well as Great Eastern Holdings. They might be hiring in batches as there are 301 jobs listings on their website now.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume OCBC

OCBC Hiring: Click Here

DBS (252 Jobs)

DBS has committed to hire more than 2000. DBS’s article was publish in May while OCBC’s article was posted in June. It seems like a cute competition that they are doing now with OCBC.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume DBS

DBS Hiring: Click Here

Amazon (187 Jobs)

The beast of online shopping, cloud computing, digital streaming and artificial intelligence needs people to fuel its’ engine. While shoppe is more common in south-east Asia, amazon is taking the world by storm with it’s cloud computing technology.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Amazon

Amazon Hiring: Click Here

Fairprice (125 Jobs)

Our very own local brand. Fairprice is the largest supermarket chain in Singapore. They have 100 supermarkets across the island and over 160 outlets of Cheers convenience stores island-wide. They are hiring a wide variety of talents. Do check them out.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Fairprice

Fairprice Hiring: Click Here

GovTech (103 Jobs)

As we move towards a smart nation, the government will be needing talents to spearhead technology in Singapore. TraceTogether is one example. Personally, GovTech is the “iron rice bowl for the future. We also have the cyberspace masterplan that has been announced by DPM Heng.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume GovTech

GovTech Hiring: Click Here

Tiktok (97 Jobs)

Tiktok just came to our shores. The US-China tension has created some opportunities for Singapore. Bytedance (the parent company of tiktok) has decided to make Singapore the benchhead for Asia. I forsee that they will be hiring loads more people in the years ahead.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Tiktok

Tiktok Hiring: Click Here

Lazada (88 Jobs)

If you are like most Singaporeans, you probably have ordered something from Lazada during the circuit breaker period. Alibaba (the parent company of Lazada) is trying to get market share for ecommerce in South-East Area. I forsee Lazada hiring more and more because we are still scratching the surface of the e-commerce treand.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Lazada

Lazada Hiring: Click Here

Tencent (84 Jobs)

This company owns Wechat which is the largest text messaging platform in China. Wechat is not only about text messaging, it is like grab, yelp, paypal, maps, airbnb, facebook, linkedin, twitter, line, messenger, skype, etsy etc combined. Let’s not even begin with how powerful this app can be. With so much going on, I can’t imagine how many manpower they will need.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Tencent

Tencent Hiring: Click Here

SEA (80 Jobs)

This company that is Singapore based is the darling stock for 2020. They are the parent company for shopee and have been taking the stock market by storm due to their growth potential in the real market. They have committed 500 Jobs For Singaporeans.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume SEA

SEA Hiring: Click Here

AIA (65 + 500 Jobs)

AIA has been in around for a century and still going strong. They have committed 500 jobs for Singaporeans as reported by CNA. This insurance company needs no introduction as they have been protecting the lives of Singaporeans for more than 100 years. Not one to be borne by legacies, AIA has strived from strength to strength by adopting many digital solutions to prepare them for the next era.

Current 65 jobs are for corporate positions. 500 are for the financial services.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume AIA

AIA Corporate: Click Here

If you wish to consider being in financial services, click here.

Rakuten (50 Jobs)

Rakuten is a Japanese electronic commerce and online retailing company based in Tokyo. It is also trying to enter into the South East market. The strongest appeal for Rakuten (in my opinion) is the cashback feature. I like their mission which is to contribute to society by creating value through innovation and entrepreneurship. If that resonates with you, 50 slots left.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Rakuten

Rakuten Hiring: https://www.linkedin.com/jobs/rakuten-jobs/?originalSubdomain=sg

Razer (33 Jobs)

This company is another of Singapore’s pride. Razer Inc. is a Singaporean–American multinational technology company that designs, develops, and sells consumer electronics, financial services, and gaming hardware. They started with selling high-end computer gaming mouse.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Razer

Raser Hiring: Click Here

Tesla (10 Jobs)

As Singapore progress into a cleaner city, we might see electronic vehicles on our shores really soon. Tesla has already hinted they are coming to Singapore. As one of the most speculative companies in the world, I can imagine they will need manpower to power Elon’s dreams and mission.

13 Companies Hiring During COVID-19 That Will Look Good On Your Resume Tesla

Tesla Hiring: Click Here or Here

Final Thoughts By Wealthdojo

I hope this compilation can help you to boost your resume. Some of these companies are positioned to be the heavyweights of the next generation and be sure to position yourself with them. If you are looking for an alternative career type, please look forward to our next article.

Chengkok is a licensed Financial Services Consultant since 2012. He is an Investment and Critical Illness Specialist. Wealthdojo was created in 2019 to educate and debunk “free financial advice” that was given without context.

Feel Free To Reach Out To Share Your Thoughts.

Contact: 94316449 (Whatsapp) chengkokoh@gmail.com (Email)
Telegram: Wealthdojo [Continuous Learning Channel]
Reviews: About Me

The views and opinions expressed in this publication are those of the author and do not reflect the official policy or position of any other agency, organisation, employer or company. Assumptions made in the analysis are not reflective of the position of any entity other than the author.

How COVID19 is robbing your wealth secretly

October 12, 2020

by Chengkok with 5 Comments Guest Writer Money Management Money Mindset

COVID-19 has swept the world off its’ feet. With it still lurking around, are you aware that there are many silent robbers that are robbing you of your wealth secretly? In Wealthdojo 6 Level Wealth Karate, we talk the importance of shielding our wealth from these silent robbers.

In this article, we are also excited to partner with Jocelyn who is a self taught investor in her 40s. Do check out her website below.

Have you saved money while working from home?

How COVID19 is robbing your wealth secretly Working From Home — How COVID19 is robbing your wealth secretly: Working From Home

Since Singapore went into circuit breaker lockdown on 7 April, many Singaporeans have been forced to work from home where possible. Not all jobs are WFH-friendly but for those that are, benefits of a WFH arrangement include zero commute time, greatly reduced transportation costs and reduced weekday meal expenses (assuming you do not live in the CBD).

For the 7 or so weeks that Singapore was in circuit breaker, most establishments were forced to close and people were advised to leave the house only out of necessity, such as shopping for groceries or if working in essential services.

If you were working from home during the circuit breaker period, it makes sense to think that you should have saved quite a bit on transport and food expenses right? That may not necessarily be the case. Here are four reasons that may have prevented you from keeping within your budget:

#1: Ordering food delivery and “indulging a bit”

How COVID19 is robbing your wealth secretly Food Delivery — How COVID19 is robbing your wealth secretly: Food Delivery

Instead of getting your weekday lunches from the nearby kopitiam or cooking at home, you may find yourself going for more expensive options when ordering food delivery. This could be to feed a craving or ordering from places that you’re not able to visit in person.

It is not uncommon for F&B establishments to mark up their food prices on food delivery apps. They do this to offset the platform/commission fee that food delivery platforms charge for listing their menu on the app! This means that even when ordering from the same place, opting for food delivery may cost 5-10% more than physically going to the store to tabao your food.

What to do instead:

Have a weekly limit on the number of times you order food delivery
Cook more meals at home

#2: Spending more time (and money) shopping online

Thanks for covid-19, online shopping saw a record boom worldwide. Instead of going to a neighborhood mall or Orchard road for retail leisure, Singaporeans went online instead, clocking record increases in app traffic and transaction volumes on popular shopping apps. Shopee saw a 40% increase in screen time by app users along with increased sales during the circuit breaker period.

How COVID19 is robbing your wealth secretly Online Shopping

Online shopping is just a click or tap away, with a lot less friction to carting out a purchase. With people being cooped up at home and spending less time outside, some have also turned to online shopping as a way to pass time. This can lead to impulse buys or spending more on non-essential purchases!

What to do instead:

Move your online shopping apps to a folder and away from the first page of your phone, and unsubscribe from marketing emails. Out of sight, out of mind.
Start an affordable hobby to spend your time more meaningfully! Eg. Exercising outdoors, reading, cooking
Create a budget for your shopping needs and stay committed to it. Remember to prioritize needs over wants!

#3: Paying for convenience

How COVID19 is robbing your wealth secretly convenience

The rise in door-to-door delivery makes it incredibly convenient to buy groceries or choosing to dine in, with food delivery. The trade-off for this convenience is the delivery fee. An additional $2-3 to have a meal delivered to your doorstep may not seem like much but if you’re ordering meal deliveries multiple times a week/day, those delivery fees can add up very quickly.

What to do instead:

Consolidate grocery orders to capitalize on free delivery and/or save on delivery costs
Watch out for promotions and discounts so you can save on these necessary purchases
Consider walking to a nearby kopitiam to tabao your meal instead of getting it delivered.

#4: Paying for comfort

With most people forced to work from home, many have turned to buying desks and chairs for a more comfortable working experience. This makes sense if your existing tables and chairs are not suited for long hours of desk work. A quality table or chair may be a good investment in the long term, but take care not to let these “investments” become white elephants once COVID-19 is behind us and offices reopen!

What to do instead:

Get creative with your WFH setup!
- Repurpose your dining area for work during the day,
- If you have a small fridge, use it as a “standing table” when you feel like you need a stretch
- Hunt for office furniture bargains on FB or Carousell. Businesses that have to downsize or close their offices will often need to get rid of their furniture.

Stay committed to your cause

If you are already managing your expenses and/or budget tracking, you probably have a good reason for doing so. You may be saving up for a house, or a new family member or just trying to make ends meet with reduced income. Reminding yourself about this goal can help you refocus and double down on keeping to your budget.

Sometimes, having a better picture of your money flow can help you manage your expenses and budgets. Create a sankey budget diagram of your monthly cashflow (check out mine here) and use that to guide your budgeting decisions!

Guest writer: Joce
A self-taught investor working towards her goal of achieving financial freedom in her forties. Check out her blog here: Financial Freedom by 40

Final Thoughts By Wealthdojo

Congratulations for reading thus far. COVID-19 seems to be here to stay. The journey ahead seems like a scary one and I want assure you that you will definitely get through it.

Special thanks for Jocelyn. Thank you for your special appearance. I really enjoyed your article.

Feel Free To Reach Out To Share Your Thoughts.

Contact: 94316449 (Whatsapp) chengkokoh@gmail.com (Email)
Telegram: Wealthdojo [Continuous Learning Channel]
Reviews: About Me

A special message during COVID-19

April 28, 2020

by Chengkok with 3 Comments General Economy

Hey guys, hope that everyone is well during this period of time. *Watch the video if you have received something from me.

If you are wondering what I’m busy with, I’m working on the first ever webinar series to help each and everyone of you in categories that I’m not an expert in, I took me weeks to convince different experts ranging from Chiropractor, TCM practitioner and also a career coach to help with relieving pain, boosting your immunity and increase your employability.

Wealthdojo COVID19 Webinar Series

It wasn’t easy for me to invite them to share their trade secrets to all of you. After speaking to them, they have agreed that the webinar series will be made free of charge to all of you.

Undoing Common Pains During WFH: http://tiny.cc/chiropractorWD

Boost Your Immunity: http://tiny.cc/TCMxWD

Increase Your Employability: http://tiny.cc/TravenXWD

Best Saving Account in SG. 7 Guaranteed Investment in an uncertain world: http://tiny.cc/7Guaranteed

Join the #1 Wealth Management telegram channel to provide you one financial news a day for you to up your wealth management game. You can join by clicking here. https://t.me/wealthdojo or simply subscribe my blog at the right.

You can also download the WealthdojoCarePack.pdf.

To help you guys out, I have compiled a few tips for you guys. It includes how to work from home with children, grocery shopping, buka puasa, cakes (birthdays) and bubble tea (lol).

Tips on how to Work From Home with children

This is certainly not an easy task. I have compiled some suggestions which worked for my clients and they have agreed to share it with you.

Communicate a family plan. Create a daily plan for the entire family that includes work and school schedules, and make it easily visible to everyone. Agree on the daily plan that might involve having breakfast, lunch and dinner at the same time daily, exercise breaks, playing time, etc. Set the expectation of what the day will look like. Note: it is okay to re-create the daily plan as you go along.
Swap in and out with your spouse. Too much multi-tasking will reduce a person’s ability to focus. If both parents are working, divide up the day into blocks that give one parent space away from the children at a time. (Eg, husband will be tend to the child in the morning while the wife will tend to the child in the afternoon)
Be kind to yourself. Don’t measure yourself for the amount of things you can do per day with work tasks. Clearly, this has changed. Be kind to yourself.

Here are other solutions which I think is good. Check out these links.

7 practical solutions to work from home around your kids

Survival Guides to WFH with children