Grad salaries soar as employers jostle for talent – Onrec

The Class of 2022 need not fear a downturn in the jobs market. Despite the high profile layoffs and crypto crash, job opportunities for graduates have grown strongly year-on-year and pay rates on offer are rising

• 14,690 graduate job vacancies on offer across UK in May, up +59% year-on-year, as employers tap university leavers to plug staff gaps
• Advertised graduate salaries rise 7% year-on-year to hit a six year high of 26,076
• Over 36 graduates will compete for every job in the UK this summer
• Employers offering pay of up to 70,000 for grads; Top companies hiring include Big Four, retailers Aldi and Lidl, and TeachFirst
• Top 5 institutions by graduate earnings: Bayes Business School, Oxford, Imperial College, Cambridge, and UCL, all seeing grads earn 40k+ after 5 years

The Class of 2022 need not fear a downturn in the jobs market. Despite the high profile layoffs and crypto crash, job opportunities for graduates have grown strongly year-on-year and pay rates on offer are…

Read Full Story: https://www.onrec.com/news/news-archive/grad-salaries-soar-as-employers-jostle-for-talent

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