Tag Archives: Graduates

SALARY FOR ITE GRADUATES FELL FOR 6 CONSECUTIVE YEARS?

The median gross monthly starting salary of ITE graduates in full-time permanent employment increased from $1,217 in 2007 to $1,410 in 2013. This is an increase of 15.9%. Real pay down last 6 years? Since inflation was about 24.2% from 2007 (CPI 93.2) to 2013 (CPI 115.8) – does it mean that the real increase was about minus 8.3% or about minus 1.3% per annum?

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WHAT MAKES NON-GRADUATES VALUABLE?

This nonsense has to stop, and the public service is clearly a large part of the problem. Promises are easy to make, but if the public service hasn’t already solved this travesty by now, I don’t fancy their odds in the next couple of years.

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38% grads can’t find job within 1 year of layoff

According to MOM statistics released last month, only 62% of degree holders are able to find a new job within 12 months of losing their job last year. That means, 38% of them can’t find a job within 1 year after they are laid off. This is compared to the next lowest rate of 65% for workers with polytechnic diplomas and professional qualifications, and the highest of 71% for those with secondary qualifications.

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Loosen curbs on foreign labour and give foreign grads on govt bonds chance to fulfil obligations?

FOREIGN graduates on Singapore government grants and scholarships are required to work here upon graduation for up to six years ("Foreign graduates on S'pore govt bonds finding job hunt tough"; April 29). However, in recent years, the Government has imposed curbs on foreign labour, with the aim of encouraging companies to consider hiring Singaporeans before turning to foreigners. Some measures include increasing the minimum salary requirements for foreign labour, making it even harder for these graduates to get jobs here.

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