Research shows increase in salaries for graduate jobs

Research from jobsite Adzuna has shown an increase in salaries for graduate jobs, with a rise of 2 per cent over the past year.

The research showed that the typical salary for graduates is now just under £24,500, whilst UK salaries have also started to rise again.

Increase

The research showed that despite average pay dropping from £33,815 in March 2016 to £32,525 in March 2017, advertised salaries have started to increase after declining over the past year.

There has also been a boost in the number of jobs advertised on Adzuna, with vacancies hitting a four-month high of over 1.1 million.

The research comes after a study found that finance and tech companies are the highest-paying in the UK, with median salaries of between £80,000 and £110,000 being offered.

The highest-paying companies were revealed by job search engine and review website Glassdoor, with US cloud computing firm Salesforce being found to offer the highest salary at £110,000. This was followed by Facebook at £95,600, management consultant firm McKinsey at £92,800, Deutsche Bank at £90,000 and software solutions company SAP at £90,000.

Optimistic

Commenting on Adzuna’s research, Co-Founder Doug Monro stated that the minor monthly rise in salary and vacancies are not a great deal to shout about, but they might now be reliable and consistent enough to bring some confidence back to the labour market.

“There is no harm in remaining optimistic, as recent reports have already shown that employers are beginning to up pay promises to tempt in top talent, which is good news for job-hunters,” he said.