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Former manager Lau Disan was doing well before the pandemic hit, but she has had to take a 50 per cent pay cut after switching from the ravaged retail industry to early childhood education.
Her experience is far from rare: Many job seekers are now willing to accept lower salaries because of the tight employment market and difficult economic conditions brought on by the coronavirus, experts said.
Ms Lau, 46, was a retail manager for 15 years in the jewellery trade and earned over $4,000 a month. Now, she is a trainee childcare educator at Kinderland earning half that.
But she said the pay cut was acceptable because she is still undergoing training under a Professional Conversion Programme for pre-school teachers.
“I have zero prior experience in early childhood education,” she noted. “In order to get into the industry, I have to lower my expectations, accept that I am learning from scratch and start afresh.
“I benefit from working half a day, and training to gain a professional diploma at the same time. It is a win-win for employees and employers.”
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