Graduate Job News

As much talk currently surrounds whether it is now worth going to university as the costs involved spiral, it’s worth looking at how quickly such costs could be recouped when you find a graduate job.

The Office for National Statistics (ONS) has just released figures which show that, on average, those working in graduate jobs earned £120,000 more over the course of the last decade.

The average wage for graduates over the period was just a fraction short of £30,000. That contrasts with an average salary of less than £18,000 for anyone working in non-graduate positions.

Jamie Jenkins, a statistician for ONS, said of the graduate job salary findings: “This analysis shows there is a big difference between average earnings for graduates and non-graduates. We also see a big difference between them by age, with graduates’ earnings not peaking until they are in their early 50s. After this age, average wages decreased, as the higher earners leave the labour market earlier.”

Totalled up over the typical working life, a graduate job could bring you over half a million more pounds than a non-graduate job might.

So, although the cost of going to university is increasing, financially speaking it looks like the extra costs could easily be offset by the benefits of landing a graduate job after leaving university. See if you can find a graduate job now that could net you an extra half million pounds over your working life using our Graduate Job search page.

Graduate Job Salaries Lowest For Nearly A Decade
On 16-Apr-2012 under Graduate
A new report from Incomes Data Services (IDS) shows that starting wages for a graduate job this year could be at their lowest real term level for 9 years. According to the research, graduate startin read more...

John Lewis To Boost Ranks With 50 New IT Jobs
On 29-Mar-2012 under Graduate
John Lewis, the UK retailer of furniture, fashion, toys, homeware and electrics, has announced that it is looking to fill up to 50 new jobs in IT this year. At present, John Lewis has an IT team of read more...

Engineering Firm Assystem To Create 300 Derby Jobs By 2015
On 28-Mar-2012 under Graduate
The French-owned engineering company Assystem is expanding and will be creating up to 300 new jobs in Derby before 2015. Some of the engineering positions on offer will be graduate jobs in Derby and t read more...