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Monday, September 03, 2018

IT and engineering industries invest the most in graduate talent | BCW

Study reveals IT has topped the list of industries with the highest graduate salaries, and engineering offers the best work perks.  

Pareto Law

IT tops the tables for graduate salaries, with recruits being paid an average of £28,765 in their first role, while students who study architecture, building and planning can expect the best work perks...

The study, by training specialists Pareto Law, analyses the top 10 industries for graduate employment, and 300 jobs listed on Indeed.co.uk within those areas, to determine which degrees offer the best packages for new graduates hoping to kick start their careers.

According to the study, graduates heading into creative fields such as design and marketing can expect to be paid less than any of the other industries included in the research, starting on an average of £19,525 per annum.

Top five industries based on salary:

1)    IT – £28,765
2)    Education – £27,741
3)    Engineering & technology – £26,861
4)    Healthcare – £25,602
5)    Manufacturing – £25,313
Top five industries based on work perks:
1)    Engineering & technology – Bonus scheme, travel opportunities, fast career progression, training & mentoring, social events, share scheme
2)    Business – Company car, fast career progression, training & mentoring, social events, mobile phone
3)    Science – fast career progression, flexible working, bonus scheme, medical insurance, training & development opportunities
4)    Manufacturing – Relocation bonus, travel opportunities, training & development opportunities, medical cover, pension
5)    Banking & finance – Bonus scheme, childcare vouchers, discounts, medical cover, qualification opportunities, pension

Jonathan Fitchew, CEO and Founder of Pareto Law commented on the study: “We wanted to discover which industries are investing most in graduate talent based on salaries, benefits packages and development opportunities.

Source: BCW