Fresh grads costlier to hire in Singapore than in Hong Kong
Published on Apr 22, 2014 3:57 PM
SINGAPORE - Fresh graduates in Singapore expect higher salaries in their first jobs than their counterparts in Hong Kong, a new survey has found.
They are asking an average monthly pay of $3,308, compared with the $2,798 that fresh graduates in Hong Kong are expecting, said employer branding firm Universum on Tuesday.
Despite the difference in expectations, Universum's survey of over 13,000 university students also revealed that both groups are asking for lower salaries than before.
"As two of the most developed markets in Asia, most employers believe there should be greater similarities than differences among talent in Singapore and Hong Kong," said Mr Joakim Strom, managing director at Universum APAC.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!