Higher starting salaries for graduates in 2015

The UK’s leading employers expect to recruit significantly more graduates in 2015, and are offering 9% more entry-level vacancies than last year – the biggest annual rise in graduate recruitment for four years.

According to AGR Graduate recruitment  research out , at Unilever, their future leaders programmes which includes  Research and development – a graduate could start with an average salary of £30,000. You could start in Rolls Royce or Jaguar Land Rover as a graduate for £29, 000, or  with Exxon Mobil and Aldi for £42,000, as City bank offer £50,000 for graduates.Graduate vacancies at organisations featured in The Times Top 100 Graduate Employers increased by 2.5% in 2013, compared with recruitment in 2012. Graduate recruitment at the leading employers dipped in 2012 by 0.8%, having risen by 2.8% in 2011 and 12.6% in 2010, after sharp falls of 17.8% in 2009 and 6.7% in 2008. •  This substantial increase in graduate vacancies for 2014 takes graduate recruitment to its highest level since 2007 and means that there will be more opportunities for this summer’s university-leavers than at any time since the start of the recession according to high fliers survey.

A typical salary for a graduate engineering job with a high profile graduate employer is £25,000. However, most graduate jobs at  these multinational firms pay a  salary of £35,000, with investment banks offering considerably more  about £50,000. A graduate engineer could earn £18,000 with a modest regional employer or £33,000 working for a global oil company.  A Mechanical engineering graduates’ salaries averaged £26,471, while Civil Engineering averaged £24, 901 and Electrical and Electronic engineering graduates’ salary averaged £25,165.

Employers more often are looking for college graduates to fill job openings that once required a lower level of education, and that’s both good and bad in the debate over the value of a college degree. At the end knowledge is power and wealth can be generated. However, employers are also looking for a range of different skills in addition to the qualification presented by student when it comes to filling vacancies. Therefore, if you are a student who failed to participate in any form of work experience whilst at university you employment prospects will be thwarted.

The much discussed cost of college graduation doesn’t change the  fact about the limitations of education, they almost certainly are discouraging some teenagers from going to college and some adults from going back to earn degrees. The decision not to attend college for fear that it’s a bad deal is economically irrational one.

The survey also found that the median basic income for engineers educated to graduate level was £56,000; for those educated to postgraduate level the figure was £62,000. Engineers who entered the industry without higher education qualifications earned a median basic income of £42,745.