Advancements in the science industry have made a crucial impact on everyday life, from the discovery of LEDs, which brought life to mobile devices, to the development of newer, more effective medicines. This was all made possible by the tenuous efforts of researchers in the science sector.
In the same vein, the sciences have always stood out from industries for the benefits it offers, so read on to find out why!
While demand for staff in certain fields, such as tourism, investment and real estate, often see peaks and troughs depending on market performance, the science sector offers a rare oasis of stability and security.
For instance, although the effects of economic downturns and major recessions can still be felt, employment has remained steady.
Benefits for professionals in the scientific research and development (R&D) part of the industry are abundant, and one such perk is the pay, considered among the highest in the professional world. That’s not the only area where competitive salaries are also to be looked forward to; R&D in the pharmaceutical arena is another area, especially as the field expands and continues to observe a high demand for talents.
In Singapore, you could even expect to earn up to $110,000 annually as a research scientist. On top of that, researchers with knowledge of machine learning (ML) are particularly in high demand as the industry evolves and incorporates the use of Artificial Intelligence (AI) in R&D.
Making a difference
For many professionals, the ability to contribute towards research in significant areas of life gives them purpose. While the remuneration packages are attractive to some, the fulfilment gained from knowing that they’re doing important work with a real impact on people is what drives most of them.
Finding gratification in a full-time role is often an overlooked aspect of getting a good job. Although it may seem like it’s an unattainable and abstract component of a position, if your passion lies in the sciences, follow it, and you might just find the best career for you!
In the science sector, nothing is stagnant, and everything develops at a fast pace. Methodologies and common practices can advance in time periods as short as a year or two, causing snowball effects that reverberate through the whole field; innovations in machine learning frequently alter the way data is used; and new instruments routinely transform the way scientists work.
As a result, science professionals often find themselves picking up new skills and programmes regularly. Furthermore, in some arenas, it has led to a highly collaborative environment, so if you’re always keen to master something new – and learning from others is an enjoyable affair – you’ll fit into this industry well.
Career advancement opportunities
The sciences have always offered good career progression, regardless of experience. In fact, with some fields becoming more of a corporate endeavour these days, professionals may find that their experiences and areas of expertise can help them in career tracks outside of the laboratory, should they wish to expand their horizons.
In addition, with so many opportunities within the same organisation, employers often take the initiative to offer training to maintain a high staff retention rate.