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Friday, 6 July 2012

Graduate starting salaries begin to rise


A new survey shows that graduates can look forward to higher starting salaries this year, contradicting previous expectations of salary rises.

Employers surveyed in the Association of Graduate Recruiters’ (AGR) bi-annual report earlier this year said they expected a four percent increase in average starting salaries, taking them up to £26,000 per annum. However, the report released today shows that the average starting salary has actually gone up further than anticipated, to £26,500 a year.

Graduate starting salaries had been a source of concern as they have been fairly stagnant in recent years, remaining at around the same level since 2009.
The statistics in the report are encouraging, and suggest that the graduate jobs market is recovering and improving. Prospective students will be particularly pleased, as they will now be looking at taking on higher levels of debt - up to £9,000 per year - in order to go to university.

Article source - http://www.independent.co.uk/student/graduate-starting-salaries-begin-to-rise-7912438.html