Latest news with #PrivateEducationInstitutionGraduateEmploymentSurvey
AsiaOne
3 days ago
- Automotive
- AsiaOne
Daily roundup: Fewer private university grads find full-time jobs in 2024, compared to 2023 — and other top stories today, Singapore News
Stay in the know with a recap of our top stories today. 1. Fewer private university grads find full-time jobs in 2024, compared to 2023 Fewer private university graduates found full-time jobs within six months of graduating in 2024 than in the previous year. According to the 2024 Private Education Institution Graduate Employment Survey... » READ MORE 2. Made in Singapore: First locally-made Kia, the EV5, officially launched Kia has launched its first locally-made model, the EV5 electric SUV, which will be assembled at the Hyundai Motor Group Innovation Centre Singapore (HMGICS) in Jurong... » READ MORE 3. 'A project out of love': Dad-daughter duo sets up assisted living community to honour late grandma When the Covid-19 pandemic reached Singapore five years ago and triggered a lockdown here, the Kok family had no choice but to halt the frequent social activities their dementia-stricken grandmother enjoyed... » READ MORE 4. Zheng Geping gets surprise birthday celebration on drama set He thought it was time to film, only to be surprised with a chorus. Local actor Zheng Geping turned 61 on May 27, and his family as well as the crew and cast members on the set of their drama The Cellphone Swap threw him a surprise celebration... » READ MORE editor@
AsiaOne
5 days ago
- Business
- AsiaOne
Fewer private university grads find full-time jobs in 2024, compared to 2023, Singapore News
Fewer private university graduates found full-time jobs within six months of graduating in 2024 than in the previous year. According to the 2024 Private Education Institution Graduate Employment Survey, 74.8 per cent of 2,300 fresh graduates from private education institutions (PEIs) in the labour force found permanent, freelance or part-time jobs within six months of graduating, a decrease from 83.2 per cent in 2023. Less than half or 46.4 per cent of them found full-time work within six months in 2024 as compared to 58.7 per cent in 2023. The survey results, which were released by SkillsFuture Singapore on Tuesday (May 26), also showed that more PEI graduates were in part-time or temporary jobs (24.2 per cent, up from 18.9 per cent in 2023), while fewer took on freelance work (4.2 per cent, down from 5.7 per cent in 2023) within the same period. A total of 3,500 graduates across 27 PEIs took part in the survey. The statistics appear to signal a weaker overall hiring demand than previous years amid slowing economic growth. However, the median gross monthly salaries of those in full-time work were found to have risen to $3,500 in 2024, from $3,400 in 2023. Graduates from the Parkway College of Nursing and Allied Health as well as ERC Institute, which offers degree courses in business and technology among others, took home the highest pay with a median gross monthly salary of $4,000, followed by graduates from the Singapore Institute of Management who earned a median salary of $3,600. A graduating student from Curtin University, who wished to be known as Heng, told AsiaOne that she was able to secure a job in February, within a month of finishing her classes. "I do feel glad I managed to secure my job that soon, but I realise it is more important to source for jobs which are aligned with my goals and needs as well," she said. Heng stated that her starting pay was around the median salary of $3,281 for graduates from her university, but declined to reveal the exact number. The 23-year-old, who studied Accounting and Finance, eventually left her first full-time job as an accountant at a local firm after two months, as she felt it was not aligned with her learning and development goals. She then pivoted to working as a financial advisor at the insurance arm of a bank. The private education survey, conducted between November 2024 and March 2025, recorded responses from about 3,500 fresh graduates of full-time bachelor's degree programmes across 27 private institutions, including James Cook University, PSB Academy and Management Development Institute of Singapore. The poll findings focused on employment outcomes of those who graduated between May 2023 and April 2024 from full-time bachelor's-level external degree programmes. The survey also found that those from information and digital technologies commanded the highest median gross monthly salary at $4,080, followed by humanities and social sciences at $3,500. Graduates from engineering courses in private institutions had the highest proportion in full-time permanent jobs at 55.3 per cent, followed closely by those in the sciences, at 51.8 per cent. Out of the survey respondents, 28.3 per cent were either unemployed and looking for jobs, or in involuntary part-time or temporary employment. [[nid:714878]]
Business Times
7 days ago
- Business
- Business Times
Daily Debrief: What Happened Today (May 26)
Stories you might have missed Asean must strengthen external ties in new growth areas, even as integration continues: PM Wong [KUALA LUMPUR] Asean must deepen and expand its external partnerships, especially in new growth areas, even as it steps up its own internal integration, said Prime Minister Lawrence Wong on Monday (May 26). Asia's rich trim US exposure, head to Europe amid tariff turmoil [SINGAPORE] Asian private banking clients sprang into action over the past month, refusing to sit idle when faced with the whiplash in global financial markets caused by the tariff turmoil. Individuals have been rebalancing their portfolios, according to some senior private bankers, whose clients each have at least S$2 million in investible assets. Front-loading drives Singapore's factory output growth, which slows to 5.9% in April but far exceeds estimates BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up [SINGAPORE] Front-loading activity amid uncertainty over US President Donald Trump's tariffs supported Singapore's industrial production growth in April, economists said after the latest prints were released on Monday (May 26). Malaysia's Anwar writes Trump seeking summit with South-east Asia [KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said he has written a letter to United States President Donald Trump to request a meeting between the US and the Association of South-east Asian Nations over Washington's trade policies. Less than 75% of fresh graduates from private institutions secure jobs within 6 months [SINGAPORE] Fewer than three in four fresh graduates from private education institutions found employment within six months of graduation, based on the Private Education Institution Graduate Employment Survey 2023/2024 released by SkillsFuture Singapore on Monday. Park Hotel Management and Allen Law's legal battle results in landmark High Court judgment for insolvency law [SINGAPORE] Former Park Hotel Management director Allen Law, who is being sued by liquidators of the company, has failed to reduce his potential liabilities by S$6.8 million after the High Court rejected his application to amend his defence and introduce a counterclaim. Hillcrest Arcadia's S$920 million en bloc tender closes with no bids [SINGAPORE] The collective sale of Bukit Timah condominium Hillcrest Arcadia has moved into private treaty talks, after a tender closed on Thursday with no bids.
Straits Times
7 days ago
- Business
- Straits Times
Less than half of private uni grads find full-time jobs, despite slight increase in salaries
The median gross monthly salaries of those in full-time work in 2024 crept up to $3,500, compared with $3,400 in 2023. PHOTO: ST FILE Less than half of private uni grads find full-time jobs, despite slight increase in salaries SINGAPORE - Less than half of fresh graduates from private education institutions found full-time jobs in 2024, amid slowing economic growth and lower hiring demand. The latest Private Education Institution Graduate Employment Survey, released by SkillsFuture Singapore on April 26, showed that 46.4 per cent of fresh graduates found full-time work, compared with 58.7 per cent in 2023. More of these graduates found part-time or temporary work ( 24.2 per cent, up from 18.9 per cent in 2023), while fewer were doing freelance work ( 4.2 per cent, down from 5.7 per cent in 2023). Overall, of the 2,300 fresh graduates in the labour force – those who are working, or not working but actively looking and available for jobs – surveyed, 74.8 per cent found permanent, freelance or part-time jobs within six months of graduating, a drop from the 83.2 per cent in 2023. The median gross monthly salaries of those in full-time work in 2024 crept up to $3,500 , compared with $3,400 in 2023. Those from Parkway College of Nursing and Allied Health and ERC Institute, which offers degree courses in business and technology among others, took home the most pay at $4,000 , followed by graduates from the Singapore Institute of Management earned $3,600 . Fresh graduates from autonomous universities, such as Nanyang Technological University and the National University of Singapore, started with a median monthly salary of $4,500 , according to the joint employment survey for the 2024 cohort of these graduates. Results of the survey were released on Feb 24. About 79.5 per cent of graduates from autonomous universities secured full-time permanent roles within six months of graduation , with 6 per cen t doing part-time or temporary work, an d 1.6 per cent working freelance. Post-national service (post-NS) polytechnic graduates, meanwhile, started with a median monthly salary of $3,000 , up from $2,963 in 2023. The latest survey, conducted between November 2024 and March 2025, took responses from about 3,500 fresh graduates of full-time bachelor's degree-level graduates across 27 private institutions , including James Cook University, PSB Academy and Management Development Institute of Singapore. Out of this figure, about 2,300 graduates were in the labour force. The poll findings f ocused on employment outcomes of those who graduated between May 2023 and April 2024 from full-time bachelor's-level external degree programmes. Among 2024's graduates from private institutions, 28.3 per cent were either unemployed and looking for jobs, or in involuntary part-time or temporary employment. The figure was 10.7 per cent for graduates of autonomous universities, and 7.2 per cent for post-NS polytechnic graduates. Graduates from engineering courses in private institutions had the highest proportion in full-time permanent jobs at 55.3 per cent, followed closely by those in the sciences, at 51.8 per cent. Those from information and digital technologies commanded the highest median gross monthly salary at $4,080, followed by humanities and social sciences at $3,500. Salaries for engineering and arts-related graduates were not published due to small sample sizes. Gabrielle Chan is a journalist at The Straits Times, and covers everything related to education in Singapore. Join ST's WhatsApp Channel and get the latest news and must-reads.
