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SDS: Recruitment Agency
specialising in recruitment services for japanese speaking job seekers in Singapore

Are you planning to hire NATIVE JAPAPESE or JAPANESE SPEAKING staff?
We can help you acquire the right candidate!

31 July 2013

Vol.90 (En)

Please contact us at 9672-0104 or send email to (Mr. Terunuma)

Starting salary of new grads expected to rise by 2%

There's good news for fresh graduates in Singapore in the latest survey report released by the Hay group, a global talent consulting company.

Here are highlights of the survey, which covered 130 organisations, held in May:

- The starting salary for fresh grads rose by 2% compared to last year.

- Fresh grads with Bachelor Degrees are categorised into three levels, without Honors, with Honors (Second Lower) and with Honors (Second Upper). The average starting salary is $2,714, $2,822 and $2,876 respectively.

- Last year's average starting monthly pay was $2,688 for a Bachelor's Degree holder without Honors, $2,776 for a Bachelor's Degree holder with Second Lower Honors and $2,843 for a Bachelor's Degree holder with Second Upper Honors.

- One in six employers offered an average premium of $185 per month for local university graduates compared to non-local university graduates.

- The top three positions that recorded the highest salaries this year are Project Manager ($2,906 without honors), followed by Engineering ($2,885) and Research & Development ($2,788).

- The lowest pay among respondents was $1,841, slightly higher than last year's record $1,808.

- About one third of employers provide an average premium of $189 per month to male employees who completed National Service (NS). This would help them catch up with the same-age female graduates who do not have to perform NS.

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