Employment of polytechnic graduates who entered the workforce in 2016, was at an all-time high in comparison to 2015 with 90 percent of them being employed within six months of their graduation. The graduates further commanded an overall median gross salary of S$2,200, similar to that of graduates from 2015.
This finding is according to a survey conducted by Singapore’s five polytechnics. Of the fresh graduates who responded to the survey, 90.6 percent of them found jobs within the first six months – 1.7 percentage points higher than 2015. While 55.8 percent of them secured full-time permanent employment, 34.8 per cent have temporary, part-time or freelance work.
The survey also covered poly graduates from 2013, who went on to complete their full-time National Service (NS). 95.4 percent of these NS-post graduates said they found work, which is 3.9 percentage points higher than 2015, Channel News Asia reports.
Furthermore, 70.2 per cent of the respondents secured full-time permanent employment, while 25.2 per cent are doing part-time, temporary or freelance work. In both instances, graduates were doing part-time, temporary or freelance work because they were pursuing further studies, or preparing to do so.
Fresh graduates in full-time permanent job roles drew a median gross monthly salary of S$2,180, up 3.8 percent from S$2,100 in 2015. Post-NS graduates in full-time jobs drew a median gross monthly salary of S$2,517, similar to 2015.
Graduates from courses in the health sciences earned the highest median gross monthly salary compared to their peers, according to the survey findings. This was closely followed by graduates from engineering, maritime courses and built environment.
Of the 14,004 fresh graduates of Nanyang, Ngee Ann, Republic, Singapore and Temasek polytechnics, 10,541 responded to the survey on their employment status as at Oct 1, 2016, about six months after their final examinations.
A total of 5,106 out of 9,212 graduates from 2013, who completed their full-time NS between Apr 1, 2015 and Mar 21, 2016 also took part in the survey.
Read more HR news & articles on HR in Asia