Grads’ starting pay up to 46% higher than diploma holders’

TODAY, 27 Aug 2014
A survey conducted by management consultancy Hay Group of 95 organisations here found that employers are likely to pay up to 46 per cent more in starting salaries for degree holders than for diploma holders. The respondents comprised largely multinational corporations and local companies, as well as about a dozen government organisations.

The findings of the annual survey, which were released yesterday, showed among other things that the starting pay for those who graduated with Honours (Second Lower) could be 4 per cent higher than employees who graduated without honours, while those with Honours (Second Upper) could get about 7 per cent more.

Hay Group study shows minimal pay rises in starting salaries for fresh graduates, August 26, 2014

average entry-level monthly salary

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