Graduate pay will go up by 4%, recruiters say

Graduates Many students have graduated at a time of economic troubles and rising unemployment

Related Stories

Graduate pay will rise by 4% this year - the first increase since 2009, the Association of Graduate Recruiters (AGR) has estimated.

The predicted rise will come after an "unprecedented period of stagnation" in pay, the AGR said.

However, the group also suggested that the number of graduate vacancies would drop by 1.2% in 2012, following a rise last year.

The AGR surveyed 214 recruiters who took on 21,325 graduates in 2011.


The results of the twice-yearly survey suggested that the average annual starting wage for a graduate would be £26,000 in 2012, after standing at £25,000 for two years.

This 4% rise would be higher than the 2% a year increases seen between 2006 and 2008, the AGR said, and the biggest rise since a 7% increase in 2005.

"The predicted increase to graduate salaries is significant and sizeable," said Carl Gilleard, chief executive of the AGR.

"The findings show that the market is predicted to remain relatively stable, which is a relief and should be seen as good news against an uncertain national, European and global economy."

The government announced in 2010 that public sector pay for those earning more than £21,000 would be frozen for two years. Chancellor George Osborne later said that pay would rise by only 1% in the two years to 2015.

Labour leader Ed Miliband is supporting the pay freeze for public sector workers.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Business stories



  • RihannaCloud caution

    After celebrity leaks, what can you do to safeguard your photos?

  • Cesc FabregasFair price?

    Have some football clubs overpaid for their new players?

  • Woman and hairdryerBlow back

    Would banning high-power appliances actually save energy?

  • Rack of lambFavourite feast

    Is the UK unusually fond of lamb and potatoes?

  • Members of staff at James Stevenson Flags hold a Union Jack and Saltire flag UK minus Scotland

    Does the rest of the UK care if the Scots become independent?

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.