1 in 2 PEI graduates in full-time permanent employment 6 months after graduation
The Committee for Private Education has released the results of the Private Education Institution (PEI) Graduate Employment Survey (GES) 2017/18. Employment outcomes1 of the 2017/18 cohort are similar to those of the 2016/17 cohort.
Key Findings of PEI GES 2017/18
About 10,200 individuals completed full-time bachelor’s level external degree programmes (EDPs) at PEIs between May 2017 and April 2018, and 39.5% responded to the PEI GES survey. In comparison, about 10,200 individuals completed full-time bachelor’s level EDPs and 37% responded to the survey last year.
Of this group, this press release focuses on the employment outcomes of about 2,800 respondents who are economically active2 fresh graduates, and excludes working adults undergoing part time degree programmes, and fresh graduates who are not economically active. A total of 40 PEIs were surveyed, of which 27 had graduates from full-time bachelor’s level EDPs.
Similar to the Polytechnic and Joint Autonomous Universities’ Graduate Employment Surveys, the PEI GES 2017/18 now provides information on a wider range of employment indicators, including part-time/temporary employment and unemployment rates, so as to give a fuller picture of the employment status of PEI graduates.
PEI fresh graduates from the 2017/18 cohort had marginally higher employment rates and the same median gross monthly salary as compared to the 2016/2017 cohort. The overall employment rate and full-time employment rate for PEI fresh graduates were 80.7% and 48.2% respectively. In comparison, the corresponding figures for Autonomous University (AU) fresh graduates were 90.2% and 81.2%.
The proportion who were unemployed and still looking for a job, or who were in involuntary part-time/temporary employment, was 27.2% for PEI fresh graduates - higher than the 9.3% for AU fresh graduates and 8.9% for post-National Service polytechnic graduates. The survey also showed that the median gross monthly salary of PEI fresh graduates was $2,650, compared to $3,500 for AU fresh graduates and $2,501 for post-National Service polytechnic graduates.
1 Definitions of the employment indicators are in Annex A.
2 Economically active graduates are those who are working, or not working but actively looking and available for a job.