SINGAPORE - The median gross salaries of polytechnic fresh graduates rose slightly by 5 per cent to $2,100 in 2015 from $2,000 in 2014, a joint survey conducted by Singapore's polytechnics has found.
The Graduate Employment Survey also found that in 2015, the overall employment rate six months after graduation was at 88.9 per cent for fresh graduates, compared to 89.2 per cent in 2014.
More than half (57.9 per cent) of the respondents in the labour force secured full-time permanent employment, compared to 59.4 per cent in 2014.
About 31 per cent were in part-time or temporary employment, compared to 29.8 per cent in 2014, with a majority doing so because they were pursuing or preparing to commence further studies.
Survey results also showed that 91.5 per cent of post-National Service (NS) graduates who were in the labour force found employment, a slight drop from 92.4 per cent in 2014.
A majority of 70.8 per cent secured full-time permanent employment, also slightly down from 73 per cent in 2014.
However, more post-NS graduates were engaged in part-time or temporary employment, at 20.7 per cent, compared to 19.3 per cent in 2014. The majority indicated that they were in part-time work as they were pursuing or preparing to commence further studies.
The median gross monthly salary of respondents who were post-NS graduates in full-time permanent employment was $2,500, up 4.2 per cent from $2,400 in 2014.
Out of the full-time permanently employed respondents, fresh graduates from the Health Sciences and Built Environment, Engineering & Maritime course categories earned higher median gross monthly salaries compared to their peers.
Post-NS graduates in full-time permanent employment from the Health Sciences course category earned the highest median monthly gross salary of $2,610.