Sun, Jun 08, 2014 - Page 3 News List

Young people seek jobs over more degrees: poll

TIDE TURNING?More than 90 percent of fresh graduates or young people who have completed military training have employment on their minds, a yes123 survey found

By Huang Pang-ping  /  Staff reporter

Students at National Taiwan University in Taipei throw their mortarboards up in the air at the end of their graduation ceremony yesterday.

Photo: Liao Chen-huei, Taipei Times

A majority of fresh graduates and young people discharged from military service prefer to “find a job first,” over obtaining more degrees, an online job bank yes123 survey has found.

The percentage of new graduates and young people wanting to find employment rose to 93.8 percent, compared with 83.9 percent last year and 71.4 percent in 2012, yes123 said.

The survey found that the top bosses young people wanted to work for were Taiwan Semiconductor Manufacturing Co chairman Morris Chang (張忠謀), Wowprime Corp chairman Steve Day (戴勝益) and Evergreen Group founder Chang Yung-fa (張榮發), who received votes of 39.1 percent, 37.1 percent and 30.6 percent respectively.

In the survey questions, graduates were permitted to check more than one answer in their responses.

Job bank deputy director Yang Tsung-pin (楊宗斌) said that the survey found that 69.7 percent of fresh graduates selected that they wanted to work for a local company, 50.7 percent selected an international company and 23.1 percent said they wanted to start their own business.

He said the top trades are information technology at 34.4 percent; travel, leisure or sports at 29.4 percent; mass communication at 18.2 percent, the service industry at 16.4 percent and education at 15.9 percent.

Important factors in taking a first job are salary at 66.2 percent; development potential at 65.7 percent; a job that is interesting at 56.6 percent, welfare benefits at 43.3 percent and the company’s future at 39.1 percent, Yang said.

Whether to leave their hometown is also a big concern. The survey found that 60.7 percent of fresh graduates said they planned to return home, but further analysis found that of those living in the six special municipalities, 71.3 percent preferred staying in those cities, showing that most young people prefer working in big cities, despite their higher costs of living.

According to the survey, 93.1 percent of fresh graduates considered working abroad, with the most preferred countries being Japan at 46.8 percent; the US at 35.1 percent; New Zealand or Australia at 24.9 percent; China at 23.6 percent; and Macau or Hong Kong at 22.1 percent.

The survey also showed that the average first-job salary is NT$30,547, an increase of NT$611 or 2 percent on last year, and that graduates expected that working abroad would increase their salaries by about 64.7 percent compared with working in Taiwan.

On average, a fresh graduate obtains a job interview opportunity for every 23.4 submitted resumes and lands a job after 7.1 interviews. This means they apply an average of 166 times before getting a job.

The online questionnaire survey was conducted on random fresh graduates or those completing military service who opened an account in the job bank between May 28 and Thursday. A total of 1,206 valid questionnaires were collected, which had a margin of error of plus or minus-2.82 percentage points.

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