Starting salaries for poly graduates on the rise: survey


SINGAPORE: Polytechnic graduates are starting out in the job market with higher salaries, according to a joint survey conducted by the five polytechnics in 2012.

Fresh graduates in full-time permanent employment earn S$1,950 in median gross monthly salary, compared with S$1,850 in 2011.

Those who joined the workforce after they had completed National Service draw a median gross monthly salary of S$2,253, compared with S$2,100 in 2011.

The Graduate Employment Survey, which polled about 10,000 fresh graduates, attributes the higher starting salaries to the strong value of a polytechnic education.

It also said this shows that employers continue to appreciate skilled polytechnic graduates.

The survey also found that the employment rate for fresh polytechnic graduates remains high — at 91 per cent for fresh graduates, and 93.1 per cent for post-NS graduates as of October 2012.

Source: ChannelNewsAsia