The Straits Times
Published on Aug 06, 2012

Starting pay for fresh grads in Singapore up: Survey


Fresh graduates this year are getting a higher base salary than those last year despite the global slowdown, said global management consulting firm Hay Group last week.

According to its fresh graduate pay survey conducted in June, the average starting monthly pay for degree holders was up by between 1 per cent and 3 per cent this year.

Degree holders without honours are earning an average of $2,678 this year - 2.3 per cent higher than the $2,617 last year.

Those with honours in the second lower category or below are earning an average of $2,766 - up 2.1 per cent from $2,710 last year.