Job prospects and salaries remained good for poly grads last year

SINGAPORE - Job prospects and salaries for fresh polytechnic graduates remained the same last year, according to the Graduate Employment Survey conducted by the five local polytechnics.

The results released on Wednesday showed that the employment rate of fresh polytechnic graduates was 89.2 per cent compared to 89.8 per cent in 2013. The median monthly salary was $2,000, similar to the year before.

The percentage of those with full-time permanent jobs, though, fell from 62.7 per cent in 2013 to 59.4 per cent last year.

The employment rate for post-National Service (NS) graduates fell slightly from 92.8 per cent in 2013 to 92.4 per cent last year, but the median monthly salary went up from $2,250 in 2013 to $2,400, an increase of 6.7 per cent.

But similar to the fresh graduates, the percentage of post-NS graduates with full-time permanent jobs fell from 74.2 per cent to 73 per cent.

On the other hand, the percentage of graduates who take up part-time or temporary employment increased. For fresh graduates, the figure went up from 27.1 per cent in 2013 to 29.8 per cent last year, while the figure for post-NS graduates went up from 18.7 per cent to 19.3 per cent over the same period.

In a statement released on Wednesday, the polytechnics said those in part-time or temporary jobs, when queried further, said they were pursuing or preparing to commence further studies.