What Is A Good Starting Salary Uk

What Is A Good Starting Salary Uk What Is A Good Starting Salary In The UK According to HESA s Graduate Outcome s Data Report the average graduate starting salary in the UK is 24 217 However it largely varies based on the sector and industry you re working in While sectors like Investment banking and Consulting pay the highest graduate salaries in the UK Sectors

The average starting salary for a graduate in the UK for 2022 is 24 291 this is a 5 decrease from 2021 25 466 Careers in the public sector are considered to be safe and secure with many of them offering good financial rewards and job stability over the long term Money shouldn t be the only factor to consider when choosing a degree However with universities charging up to 9 250 per year it s worth thinking about potential starting salaries Use the table below to see the average starting salaries for graduates from more than 100 subject areas

What Is A Good Starting Salary Uk

What Is A Good Starting Salary Uk
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UK salary guide 2022: how much should you be earning?
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The UK Wage Chart | RS
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Candidates with higher educational qualifications can also expect to earn more in their first job In 2023 the median starting salary for UK graduates at the UK s leading graduate employers was 33 500 according to research conducted by High Fliers However the average starting salary for graduates across all employers is significantly lower A good starting salary is subjective however some industries pay new grads 35 000 50 000 which is considered a good salary in the UK Any new graduate will know the feeling You ve just left university and it s time to dive into the working world

According to the Hays UK Salary and Recruitment Trends 2024 report the typical salary for a graduate civil engineer is 27 000 to 30 000 and the typical salary for a graduate structural engineer is 28 000 to 30 000 The starting salaries here are for graduate programmes advertised in 2024 Average starting salary Economics graduates earn an average starting salary of 34 135 Job prospects Graduates can work in various roles such as economists financial analysts or consultants After ten years of employment the average salary is approximately 40 000 with 10 of graduates earning over 100 000

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Most UK creative jobs earn less than average annual salary
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Average UK Salary | 2020 & 2021
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7 highest paying jobs in the UK without a degree | Earn £100k +
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WHAT IS A GOOD STARTING SALARY UK In the dynamic landscape of the UK job market a good starting salary for large businesses often exceeds the minimum benchmarks set by the National Living Wage From 1st April 2024 and for individuals aged 21 and above a commendable starting salary would be anything above 11 44 per hour To put this into perspective a recent graduate earning an average salary in London may need to work 2 6 times as long as a graduate earning an average salary in the North East of England in order to buy a house 3 4 For more in depth analysis on the relationship between graduate salaries and the cost of living in UK cities see Charlie Ball s two part series

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UK armed forces salaries by rank 2020 | Statista
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Average UK Salary | 2021 & 2022
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