SALARY expectations among Singaporean students have been rising steadily year on year, with IT graduates expecting about S$4,500 per month, an annual survey by employer branding firm Universum shows.
On average, IT graduates expected an annual salary of S$53,721. This works out to about S$4,500 per month, which is about 20 per cent higher than the expected salary among business and engineering students. "It is interesting to see over 50 per cent of students want to start their professional career at an international company, something that's clearly reflected in the Top 100 business rankings: seven out of the top 10 companies are international companies," Universum said.
Mike Parsons, managing director for Asia-Pacific at Universum, said:"The demand for digital and IT talent in Singapore continues to increase. Not only does the survey highlight the pressure this is putting on salaries, this trend is pushing employers, especially non-traditional employers of digital talent, to be more strategic and segmented with what they offer and communicate.