It seems like the global economic uncertainty has not affected the starting salary of fresh graduates.
Fresh graduates in Singapore this year have been offered a higher starting salary compared to those who graduated in 2011, according to human resources consulting firm Hay Group in a press statement last week.
In the “Fresh Graduate Pay Survey 2012” conducted by Hay Group, it was found that the average starting monthly pay for university graduates increased by 1 per cent to 3 per cent this year and that includes degree holders without Honors and with Honors, second upper and higher.
Those without Honors drew S$2, 678 while those with second upper Honors and higher drew S$2, 766 and S$2, 882 respectively.
According to the survey, which covered 79 companies across general industries in Singapore, engineering jobs ranked the highest in terms of starting pay, providing fresh grads a monthly average starting salary of $2, 777 for those without Honors.
Jobs in research & development and merchandise operations ranked second and third, with the grads earning S$2, 764 and S$ 2, 742 a month, respectively.
The Pollutant Standards Index (PSI) hit a new record high of 371 at 1pm on Thursday, again climbing into the "hazardous" range of above 300, according to data from the National Environment Agency (NEA).