If you’ve just finished university and are contemplating entering a competitive job market, it’s not all doom and gloom from now on. Salaries for graduates are actually on the rise, according to a new survey.
Figures released by the Association of Graduate Recruiters (AGR) reveal that the average starting salary for a graduate job has risen in the last year from £27,000 to £28,000. Those working in law, banking or the financial services all topped the starting salary table.
The good news doesn’t end there. The same survey also found that graduate vacancies on offer from recruiters have soared by 13.2 per cent. Those seeking jobs in accountancy or the professional services should be pleased to hear that these industries make up a quarter of all vacancies, with the public sector, engineering and industrial companies next in line.
Yet it’s not all good news, we’re afraid, with the glass ceiling is still (in 2015!) very much in effect in many industries. Women being recruited averaged at 42 per cent for each employer, despite them making up 59 per cent of all university graduates. Engineering and industrial companies are the worst offenders, with female recruits making up only 24 per cent of the total.
Despite this, progress is apparent – as well as an extra £1,000. So once you’ve landed that dream job, expect to feel a little bit more comfortable. Just don’t go spending it all on Zara’s new sale.