But median gross monthly payments see increase
The percentage of polytechnic graduates in employment declined, while their median gross monthly salary saw a slight increase in 2024, according to new data.
The 2024 Polytechnic Graduate Employment Survey (GES) revealed that 87.5% of polytechnic graduates got employed within six months of graduation (85.6%) or after completing full-time National Service (91.4%).
This is a slight drop from the 92.7% recorded in 2023, according to the GES.
The percentage of polytechnic graduates in full-time employment also declined to 54.6%, down from the 59.8% in 2023.
For fresh graduates, 49.2% of them were in full-time permanent employment, 31.6% were in part-time, while 14.4% were unemployed in 2024.
For post-National Service (NS) graduates, 65.2% were in full-time roles, 17.8% were in part-time jobs, while 8.6% were unemployed in the same period, according to the report.
Despite the drop in employed polytechnic graduates, the GES found that their median gross monthly salary reached $2,900 in 2024. This is slightly higher than the $2,800 in 2023 and $2,600 in 2022.
Fresh graduates saw their median gross salary go up to $2,800, while post-NS graduates also reported an increase to $3,000.
The highest-paying course cluster is in Humanities and Social Sciences, which saw a $3,038 median gross monthly salary.
The 2024 GES reports the employment data from five polytechnics, including the Singapore Polytechnic, Nanyang Polytechnic, Republic Polytechnic, Ngee Ann Polytechnic, and Temasek Polytechnic.
