graduate starting salary

donquine

dealgirl wrote: »

Thanks for all your help. Sorry, I was only referring to london, and I know the money is better there! lol

Over £25k in London? Accountancy.

Grad jobs can start as low as around £12k out of the capital and around £18k in the capital.

Procrastinator333

Investment banks skew the average a bit. Even 5 years ago they were £35k+

Then other high payers such as Law, accountancy, consultancy, some blue chip grad programmes.


Can't think of high payers beyond that. I went down the big 4 accountancy route, and while I don't regret it, I didn't appreciate what I was signing up to at the time.

You will be making sacrifices for the high salaries in any of the jobs above.

soolin

My son would love to be getting anywhere near the 'average' graduate salary.

He graduated last year and the only work he has found is far is warehouse manager at around 50p more than minimum wage. He also works in Greater London.

Good news is that a graduate intake position he applied for 2 years ago has finally reopened for new applicants and he has so far passed 3 sets of interviews for that. Starting wage for that though in Central london is £15K.

TUS

In 2006 I went into a job on £14,500 when I graduated.
I'm only on £23k now (although I accept that is a good wage in comparison to some). :-(

stuartwatford

Whilst at university I found the prospects.ac.uk site extremely useful. There's a section for Graduate jobs.

I was looking at the type of organisations wanted to apply for and some of them identify what the likely starting salaries are.

Hope it helps.

kr15snw

Im a graduate, last year I was on 12k a year and this year have found a new job with 13.5k a year which Im pleased with! Lol

bristol_pilot

kr15snw wrote: »

Im a graduate, last year I was on 12k a year and this year have found a new job with 13.5k a year which Im pleased with! Lol

Same salary as I started on as a new graduate - 25 years ago.

Catspajamas

I would personally not get your hopes up for a salary like that at the moment because there is a hell of a lot of competition! Since graduating in 2008 I know only 1 person on a grad scheme who was an Oxford grad. I temped for 6 months on min wage, got a "real" job on 14000 then a official grad job on 12750 which I eventually gave up on and so went back to my previous banking job now on 15000. In fact only 2 of my friends earn more than that and they are both doing phds!

Anyway basically what I'm trying to say is try for grad jobs but don't have high expectations on the salary front....experience is what seems to be looked for more nowadays as employers don't seem to want to take risks on unproven grads when there are people out there who have shown they can do the job.

Holly25

I think it really depends on what you are studying and what it is you want to go into.

When I graduated (just over 3 years ago)I started on a grad scheme for an environmental consultancy (outside of London) on 20k.

I get the feeling that employers arent offering graduates so much these days as there are so many graduates who are looking for work and who are willing to work for a lot less just to get a job!

Furthermore, there are a lot of highly qualified people about that have been made redundant and who are taking on graduate jobs for which they are over qualified just to get a wage. As a result employers really do have 'the pick of the bunch' and dont feel the need to offer big graduate salaries to reel people in.

I dont think that the university you go to or the grade you get makes all that much difference either, we had very clever oxford graduates working with us and they still got paid the same and were treated no different.

dealgirl

wow...thanks eveyone...this is really helpful stuff! It's good to get people's experiences, and you all seem to know a lot more than me! Just out of interest, is anyone in a job that is a perfect medium between job satisfaction and good salary? I know the two can come together, but often they don't, and I just wanted to get peoples experiences (I dont know if i should start this on a new thread)