According to the latest graduate employment survey conducted by the 5 polytechnics, the median gross monthly salary of poly graduates have gone up by 2.8 per cent or $50 compared to 2010 figures. That means poly graduates who completed their studies in 2011 and not liable for National Service could command a salary of S$1,850. Those with National Service earned a median gross monthly salary of S$2,100 compared to S$2,000.
The overall employment rate was also relatively high at 94.7% though it was down from 2010 figures of 95.4%
Poly graduates who commanded the higher salaries studied Health Science and Built Environment, and Engineering & Maritime.
If you look at the starting pay for university graduates, the difference in starting pay between a university graduate and poly graduate is probably greater than $600.
This blog is about financial freedom and serves to inform, educate and entertain the public on all personal finance matters. The author of this blog has been blogging for 5 over years. He was also a guest blogger at CPF's IMSavvy site (now AreYouReady site). This blog is visited by many unique readers from various countries every month. Do bookmark this blog and leave your comments.
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