Graduates confident about staying in SA

By Staff Writer

According to a survey released last week Thursday, the majority of graduate professionals are upbeat about staying in South Africa.

"Graduate professionals occupy key occupations such as accountancy, engineering, medicine and law, many of which have a skills shortage, so it is very significant to see these people are confident of remaining in South Africa," said Gerhard Joubert, head of group marketing at financial services provider PPS.

The survey assessed the confidence levers of more than 4000 South African graduate professionals.  Graduates were quizzed on things like emigration, crime, healthcare, investment markets and opportunities available to them in their chosen professions.

According to the 2011 first-quarter results, a confidence level of 84% was recorded for remaining in South Africa.

Joubert said this could be attributed to various factors including South Africa's economy weathering the global financial crisis, its inclusion in the Bric - Brazil, Russia, India, China - economic group of nations, the relatively stable political climate, opportunities available to graduate professionals due to skills shortages and the successful hosting of the World Cup.

"The current turmoil that is also taking place in a number of European countries in light of the sovereign debt crises may also have shown some South Africans that were considering a move that the grass is not always greener," he said.

Respondents, who had an average age of 43, showed an overall confidence level of 77% when asked about the opportunities available to practitioners working in their profession over the next 12 months.

However, they were concerned about crime - with a 45% confidence level that the situation would improve over the next five years.

Unemployment was also a concern, with confidence levels at 46%.

The future of the healthcare system and the standard of education over the next five years each scored a confidence level of 50%.

Recent Articles

Featured Tax free savings accounts – Which offer you the best value?

This week Justmoney compares TFSA’s across the five banks mentioned to see which bank allows for the most savings potential and which is cheaper to utilise.

Read more

Are you liable for your spouse’s debt?

Marriage may signal taking on someone’s last name, family, and even traditions. But are you signing up to be liable for your spouse’s debt too? And if your life partner is made redundant or fired, will you be responsible for your spouse’s debt?

Read more

What happens to your medical aid when you move overseas?

While exploring a different country, you may rely on the built-in travel insurance that forms part of your medical aid. However, what happens when you stay for longer than a typical vacation? This week Justmoney has a look at what you should do with your medical aid if you decide to move overseas for a period of time.

Read more

How to apply for government funding for your start-up business

Starting your own business can be challenging, especially if you don’t have the capital to get it off the ground. Fortunately, there are many ways to fund a new business in South Africa. This week Justmoney found out more about these grants, how to apply for them, and what you can do to make your business stand out from the rest.

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

Free MBA Course

Price: Free
When: Applications close on 31 May
Where: Online

The 41 Winter Special

Price: From R170
When: Weekdays
Where: Cape Town

KFC Burger Day Special

Price: R97
When: Until 28 May
Where: Online