Graduates from polytechnics and the Institute of Technical Education (ITE) who attended SkillsFuture work-study programmes (WSPs) enjoyed higher wages than their peers who went straight to work, according to a study released on Nov 22.
The study by economists Audrey Ling and Damian Tan found that polytechnic graduates armed with the Work-Study Post-Diploma (WSPostDip) enjoyed a wage premium of around 9 per cent one to two years after completing the programme, and continued to command a premium of around 6 per cent in the subsequent two years.
ITE graduates with the Work-Study Certificate (WSCert) enjoyed a wage premium of around 11 per cent one to two years after completing the programme, with the premium sustained over the next two years.
Although poly graduates are eligible for the WSCert programme, the study was not able to examine the wage outcomes of those who completed the programme due to the small sample size.
This story is from the November 23, 2024 edition of The Straits Times.
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This story is from the November 23, 2024 edition of The Straits Times.
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