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Graduate recruitment part 3: starting salaries

In the concluding part of our series examining trends in graduate recruitment we look at the changes in starting salaries over the best part of two decades. In 1992 the median starting salary was £13,000. We chart its progression since then.

IRS has been collecting data on graduate starting salaries since the inception of its annual graduate recruitment survey nineteen years ago.

The chart below shows both the upward progression of starting salaries over the period - and the greater spread of salaries now on offer.

IRS_GradSal9208.gif

What will graduate starting salaries look like for 2008/09? The trend is clearly upwards but it should be noted that the period from 1992 was one of almost continual economic growth for the UK. The prospects for 2008 and 2009 are not looking quite so rosy at the moment.

Find out more: take part in the 2008/09 IRS graduate recruitment survey to get the latest information and analysis on graduate attraction, selection and starting salaries (opens new window).

Last week: graduate attraction 1998-2008 

Last fortnight: graduate supply 1994-2007

Ed Cronin | |

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