What kind of contract do MSc graduates get for their first job?
In general, 54% of employed respondents received a permanent contract either when they were hired or at least within a year of being hired. Of the MSc graduates who work for Dutch companies, 53% received a permanent contract when they were hired, or within a year of being hired.
Type of contract
Sectors that are most likely to give permanent contracts are financial services and insurance (29%) and consultancy and research (26%). The results of our survey show that of the 54%permanent contracts, they are most frequently offered in information management / technology management (78%), finance (70%) and consulting (69%).
How many hours do graduates have to work for their money?
On average, contracts are for about 40 hours per week. In reality respondents say they work, on average, 49 hours per week. Women tend to slightly work fewer hours than men; 1.5 contract hours less and 6 actual hours less, which means women actually work about 43 hours per week.
According to nationality, Dutch graduates work fewer hours (48 hours) than graduates from the EEA countries (54 hours) or non EEA countries (55 hours).
Those working in policy advising work the same actual hours as are in their contract (37.3 hours). One of the biggest differences between contract hours (40 hours) and hours actually worked (52 hours) is in the financial services and insurance industry where there is a difference of 12.5 hours. Those working as general managers or in strategy, business development or corporate planning experience a 15-hour difference between contract hours and hours actually worked.