Abstract: Recently, the coexistence of high employment rate and high turnover rate among graduates is a common phenomenon, and over-qualified might be the one of the reasons about this. The paper applies indirect self- assessment method to measure graduates’over- education separately from employees’and employers’perspective and analyzes the impacts of different measurement on graduates’wage and employment satisfaction based on graduates’employment survey data. The results show that the incidence of over-education in groups of graduates occupies about 1/3 part of the samples, and the estimates results about the excessive education incidence based on employees are higher than that based on employers. In addition, the econometric analysis results show that the remaining assessment outcomes have not significant impact on whether graduates’income or their job satisfaction except that over-education obtained from the workers’self assessment has significantly negative impact. It means that the quality of employment of graduates can’t effectively be predicted if only over-education is considered, besides, skills matching with job should be considered simultaneously.

Keywords: Over-education; Wage; Employment Satisfaction; Graduates