Published on Jan 9, 2012
Fresh polytechnic graduates continued to enjoy good employment prospects last year, with the average salary for those in full-time positions almost hitting the $2,000 mark for the first time.
The employment rate of these graduates climbed to 92.1 per cent, from 91.5 per cent in 2010, according to the newly released annual poly graduate employment survey.
On average, they earn a gross monthly salary of $1,930, compared with $1,871 in 2010. Some 67 per cent landed full-time jobs, compared with 68.5 per cent in 2010. Among this group, more than 80 per cent were in the private sector.
Conducted between October and November last year, the survey drew responses from almost 14,000 graduates from the five polytechnics here. The respondents included both fresh graduates from last year who were not required to serve national service after graduation, and those who graduated in 2008 but entered the job market after completing national service.
ms fireice
what about staff nurse salary
thanks
u may use this site
(as a GUIDE only)
around my 1st job pay leh.
Poly grads so lucky nowadays
How come I poly grad but don't have 2k starting salary?
wat industry, wat co, wat position?
I think I should find jobs in big mnc than I can get 2k salary
depends on your position also.
Dont think the kopi boy got so much.
Engineering 2k shd be easy. Others shd be $1.5k to $1.7.
bio science or pharm studies 2k is possible...
engineering confirm 2k is possible...
IT and accounting startup pay getting lower and lower coz too much trained ppl...
business admin or office studies = 1.4k to 1.7k
wan work mnc also must depend position... If u go in do clerical work (aka filing, data entry etc) also sure less then 2k... UNLESS u somehow manage to join as project manager...
which is why I always advise ppl to go get a skill and not courses like BA etc... BA is too board, no specialise field...
low supply, high demand = high pay
I refer to the article “Higher pay but fewer full-time jobs for polytechnic graduates: Survey” (Today, Jan 9).
It states that “The median gross monthly salary of fresh poly graduates in full-time permanent employment went up by S$50 to S$1,850. For post-NS graduates, their salaries rose by S$100 to S$2,100”.
According to the same survey for 2007 (see HERE), the average gross monthly salary of fresh poly graduates was $1,805, and $2,171 for post-NS poly graduates.
This means that salaries grew by 2.5 per cent for fresh graduates, and decreased by 3.3 per cent for post-national service graduates, over the last five years.
On an annualised basis, this works out to 0.5 per cent and minus 0.7 per cent per annum, for fresh and post-national service graduates.
Since inflation was 2.1, 6.6, 0.6 and 2.8 per cent for 2007, 2008, 2009 and 2010, respectively, and current inflation is at 5.7 per cent, I estimate that the salary of fresh graduates and post-national service graduates may have declined in real terms by about 14 and 18 per cent, respectively, over the last five years or so.
I am rather puzzled by the use of the median gross monthly salary in this year’s survey, when the previous years’ were on the average gross monthly salary.
Median vs average salary?
For example, although this year’s median gross monthly salary for fresh graduates increased by 2.8 per cent, to $1,850 from last year’s $1,800, and that for post-national service graduates from $2,000 to $2,100, the average gross monthly salary in last year’s survey was higher at $1,871 and $2,183 for fresh and post-national service, respectively.
So, without the average data for this year, or the median data for the previous years, we cannot determine to what extent the median and average salary went up or down, in nominal and real terms.
Full-time jobs declining?
The percentage of poly graduates in full-time permanent employment declined from 68.5 to 67 per cent this year. Actually, the decline may be greater if we compare this year’s to the 75.3 per cent in 2007.
Foreign competition?
To what extent has the S-Pass, which used to have a minimum salary of $1,800, and the recently discontinued Employment Pass Eligibility Certificate scheme which allowed foreign graduates to stay up to a year in Singapore to look for a job, contributed to the drop in real salaries of poly graduates?
.
Leong Sze Hian
even uni grad now dunno got 2k starting or not.
some uni grad I know starting around 1.8k even.
Originally posted by Jacky Woo:even uni grad now dunno got 2k starting or not.
some uni grad I know starting around 1.8k even.
hard truths
Wah go so jialat or not..... fresh grads from the 3 local unis surely have $2500 minimum, no?
Originally posted by Rock^Star:Wah go so jialat or not..... fresh grads from the 3 local unis surely have $2500 minimum, no?
so little?
should have 3k starting
i come across alot of fairy tales 10 years ago from survey and statistics on spore side.
as usual they probably picked the survey from regular sign on soldiers or one in a million jobs and call it median and average etc....they must think folks in spore are bloody gullible fools!
i come across temp jobs pay $2k per month for poly folks ..but onky 6 mths and then back to square one