Bulletin Spring‧Summer 1994

Trends of Employment 1989-93 the percentages of graduates in all other occupational sectors increased: 68.4 for the commercial and industrial sector, 6.9 for the civil service sector , and 5.7 for the social and public service sector. Arts Graduates In 1993, the commercial and industrial sector replaced the education sector as the major outlet for arts graduates, absorbing 45.5 per cent of them. The percentage of arts graduates in the education sector decreased from 55.1 in 1992 to 43.6 in 1993. The number of graduates joining the civil service (6.9 per cent) and the social and public service sector (2.5 per cent) however increased. Business Admi n i s t ra t i on Graduates The employment trend for business administration graduates has been rather consistent over the last five years. Each year the commercial and industrial sector attracted over 80 per cent of the graduates. In 1993, the figure was further increased to 92.7 per cent. Engineering Graduates More engineering graduates have joined the civil service. The percentage increased significantly from 4.5 in 1992 to 12.8 in 1993. Fewer have opted for a career in education and the percentage dropped from 8.2 in 1992 to a mere 3.4 in 1993. The computer profession attracted about 90 per cent of the computer majors and 57.1 per cent of the information engineering graduates. Some 64 per cent of the electronics / electronic engineering graduates joined the engineering field. Science Graduates As compared w i th 1992, more science graduates have joined the commercial and industrial sector (63.7 per cent), and fewer have taken up employment in the education sector (32.4 per cent). Social Science Graduates Those joining the social and public service sector increased significantly from 7.9 per cent to 17.3 per cent, but the number of those joining the education, and commercial and industrial sectors has dropped. Employers About 44 per cent of the graduates working in the business sector were employed by local companies. The rest were working in companies owned by British (12.9 per cent), American (12.7 per cent), PRC (6.5 per cent), Japanese (5.2 per cent), and other (18.6 per cent) interests. Of those who became secondary school teachers, close to 90 per cent were teaching in subsidized schools, and 8.1 per cent in government schools. Terms and Conditions of Employment The average monthly salary showed an increase of 10.5 per cent over the previous year's figure. The median monthly salaries for graduates in different occupational sectors are $14,423 (government), $14,082 (education), $10,135 (commercial and industrial), and $13,115 (social and public service). About 23.1 per cent of the graduates had their remuneration packages supplemented by an annual bonus; 65.3 per cent were entitled to medical coverage; 65 per cent were entitled to pension schemes; and 2.5 per cent enjoyed housing benefits. Assignments Outside Hong Kong Among those employed, 27.4 per cent were required to perform assignments outside Hong Kong, and about 79.2 per cent of them had duties in PRC. Others required to work abroad had duties in South East Asia (11 1 per cent), Europe (6.4 per cent), the USA (4.2 per cent) and Taiwan (4.2 per cent). Job Satisfaction Over 90 per cent of the graduates were happy w i t h their current employment. Most Employment Survey of 1993 Graduates 28