GRADUATE PAY
First shoots of recovery for graduate recruitment, says XpertHR
New research by XpertHR has uncovered tentative signs that the graduate recruitment market is finally stabilising following a drop in employer demand prompted by the recession. XpertHR’s annual survey, now in its 23rd year, shows that seven employers in ten are currently trying to recruit graduates and more than eight in ten predict they will do so in the future.
An increased level of optimism in employers’ recruitment intentions is also evident in the number of graduates that employers are looking to take on.
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Graduate salaries
But the emerging confidence in graduate recruiters’ hiring intentions is not yet matched by a rise in graduate starting salaries. Starting salaries for graduates have been frozen for the fourth consecutive year - the typical median (or mid-point) increase between 2011/12 and 2012/13 was nil.
According to the survey, median graduate starting salaries are as follows:
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Title: “Graduate starting salaries remain frozen”, XpertHR upfront, 17 December 2012.
Survey details: The 2012 survey is based on data from 132 employers about their experience of graduate recruitment and starting salaries.
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