16 March 2018
According to the recently released joint graduate employment survey, Singapore’s fresh university graduates earned a higher starting pay in 2017. Their median monthly salary was $3,400, an increase of $100 compared to 2016.
The survey polled graduates from the National University of Singapore, Nanyang Technological University, and Singapore Management University.
Fresh graduates with degrees in business, economics and computing had the biggest pay jumps.
However, the proportion of fresh graduates who secured full-time permanent jobs fell from 79.9 per cent in 2016 to 78.4 per cent last year. More also went into freelance work.
Overall, Ministry of Manpower statistics reveal that real median incomes for Singaporeans in full-time work rose by 5.3 per cent year-on-year as of June last year.