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.
Subscribe to:
Post Comments (Atom)
Featured Post
Unlock Exclusive Deals and Savings: Join Amazon Prime Today!
Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new d...
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $300...
-
Networth as of Feb 2010 is estimated around $652,000. A slight drop from Jan 2010. The decline in networth was due to a slight drop in my ...
-
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m....
-
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
As most of you know by now, I have started a POSB Kids Savings account for my child. The main purpose of this account is to save for his un...
-
I can't sleep. I am worried about my finances. So I am up now counting my money in all the places that I have. Sometimes I forget that...
Hat’s off. Well done, as we know that “hard work always pays off”, after a long struggle with sincere effort it’s done.
ReplyDelete