Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

What Has STEM Ever Done For Me?
What Has STEM Ever Done For Me?

Published : , on

STEM, four little letters that stand for big subjects: science, technology, engineering, and mathematics. Careers within STEM account for 20% of the UK’s total workforce, employing close to 5.8 million people. Clearly – STEM matters.

Nevertheless, many wonder ‘What has STEM ever done for me?’ Besides the huge economic contribution that STEM makes annually, it also affects lives on a daily basis by improving health care, infrastructure, and so much more.

Without STEM-based discoveries, the world as we know it today would be a very different place.

Results from a poll conducted by Randstad show that not many people know what STEM stands for (1109 votes in total):

  • No (688 votes, 62%)
  • Yes (421 votes, 38%)

Whilst it may be easy to picture a life without phones or cars, it’s much more difficult to think of it without core discoveries that changed the course of so much: vaccines, internet, concrete, mass production, even the humble number zero. In 2016, the largest known prime number was discovered with a whopping 22,338,618 digits thanks to specialist computer software (CPUs, central processing units) running across a global network of processors, reaching 450 million calculations per second.

None of this would be possible without dedicated individuals working in STEM fields – researching and pushing the boundaries of human innovation.

If you’re interested in the countless and diverse discoveries of STEM and the influence it has on today’s world and your career, then be sure to explore Randstad’s STEMisphere. Created with the assistance of machine learning and artificial intelligence, after combing through 94,440 pages of content, the STEMisphere selected a range of weird and wonderful STEM connections. It’s a fascinating collection of information, bringing together past and present discoveries to highlight how sometimes an unlikely connection is the key to a breakthrough.

Experts now acknowledge that the UK is facing a skills shortage and the same goes for STEM. The UK Commission for Employment & Skills has found that up to 43% of STEM vacancies are hard to fill due to the scarcity of applicants with the relevant skills and experience and this isn’t likely to resolve itself in the near future.

Addressing this issue before it’s too late is at the forefront for many. Owen Goodhead, Randstad’s MD of Construction says: “We’re already experiencing a skills chasm, with employers increasingly leaning on the expertise of recruiters to secure scarce and highly-skilled talent. It’s crucial that we further raise the profile of STEM at a grassroots level as we need our future generations to bridge the skills gap. As part of this, we must inspire fresh ways of looking at how STEM impacts our working world and how previous STEM discoveries have influenced our lives and careers in order to promote future findings and nurture diversity.”

But something positive can come of this too; students can be encouraged to pursue STEM-based fields of study with the promise of employment at the end, something that not many other paths can guarantee in an unstable economy. For Ruth Jacobs, MD of Randstad’s Business Solutions, this rings particularly true. She says: “A savvy STEM student has a bright future ahead of them as the skills shortage show no signs of ending anytime soon. GDPR had a significant impact on the demand for cybersecurity experts, data protection officers and data analysts in 2018, who as a result are now able to demand a higher salary due to many organisations fearing to be non-compliant.”

According to Victoria Short, MD of Randstad Public Services, we could all do with a refresher on why STEM matters and how it helped to shape our world. She believes that “as adults, it’s important to revisit some of the discoveries and role models that shaped today’s world of work to help inspire the next generation of much needed nurses, care workers and teachers, who have the potential to make a real change to the way we live and work while helping to fight the battle against the UK skills shortage in these areas.”

To learn and be inspired by STEM today be sure to explore the STEMisphere and its rich world of discoveries.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post