LSH givres the lowdown on the "increase" in Poly graduates' salaries

[Confuseous]

Real increase for all graduates minus 12%?

As to the “Median gross monthly salary among fresh graduates in full-time permanent employment was $1,950, compared to $1,850 in 2011″, their salary in 2007 was $1,805.

So, similarly, after adjusting for inflation, I estimate their nominal and real increase over the last five years to be about eight (1.6 % per annum) and minus 12 per cent (minus 2 % per annum), respectively.

Full-time employment dropped from 75.3 to 65.4%?

With regard to “The percentage engaged in full-time permanent employment rate was 65.4% for fresh graduates”, it is a decline from 2007 and 2011′s 75.3 and 67.0 per cent, respectively.

Employed vs full-time permanent employed?

Since “the (graduates) overall employment rate was 91.0%, compared to 92.1% in 2011, it may be interesting to have the statistics as to what is the median salary of the 91.0% who are employed, instead of just the 65.4% in full-time permanent employment.

Foreign competition?

To what extent has the S-Pass, which has a minimum salary of $2,000 (previously $1,800), contributed to the drop in real salaries of poly graduates?

- http://leongszehian.com/?p=2535

 

[Scrooball (clone)]

I am surprised that employment rate is not lower. Do they count distributing flyers at MRT stations as being employed?

 

[Fishypie]

Wonder when & whom did this 'PoLy grads' saLary compiLation & concensus' ?..
Never heard from my friends' PoLy kids earning that cLose to $2k insofar..
Wu nia bo ?..:*: