A new report
indicates that starting graduate salaries have increased for the
first time since 2008
New figures from the Association of Graduate
Recruiters (AGR) have shown an increase in graduate starting
salaries for the first time since 2008, with a 2% rise up to
£25,000. New vacancies are also estimated to increase by a further
2.6%, with them already up by 8.9% this shows real signs of a
recovery in the graduate recruitment market.
Carl Gilleard, Chief Executive of AGR,
commented “There are some very encouraging signs for graduates. Not
only have starting salaries increased, albeit slightly, the number
of vacancies continues to increase which can only be seen as a good
sign. I am cautiously optimistic about today’s findings, which
provides a welcome indication that the graduate recruitment market
is beginning to overcome the impact of the recession.
He also went on to give graduates some advice
on applying for graduate positions; “My advice for graduates is
to make sure you reflect on what you have learnt — both at
university and in an extra-curricular capacity — and be able to
articulate it in your applications and at interviews; think about
what transferrable skills you might’ve gained and how you’d apply
your knowledge and experience to different situations. If you are
able to get into that mode of thinking, you will be immediately
more attractive to employers.”
The increase in graduate salaries and
vacancies is a welcome boost to the graduate recruitment market
place; however with the large influx in graduates soon to enter the
market over the next few years, the vacancies will need to continue
to increase along line with those going to university so to avoid
another high in graduate unemployment.
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