According to the National Association of Colleges and Employers, the average starting salary for college graduates in the class of 2012 was $44,829. To give you some perspective, that’s up 3.2 percent from 2011′s average of $42,921. The average starting salary varies by major. Business majors reported the highest average salary of any bachelor’s degree at approximately $52,000 reported in 2012. Visual and performing arts majors had the lowest average starting salary among all bachelor’s degrees with less than $35,000 reported in 2012.
The average starting salary for a college graduate in America today is approximately $45,000 to $46,000. However, the actual figure varies by field of study and location. If you’re looking to find out what your future classmates will be earning after they receive their diplomas, read on.
Average starting salary for college graduate
It may seem obvious, but there are many reasons to obtain a college degree before seeking your first employment position. For starters, the average starting salary for bachelor’s degree recipients immediately after graduation is more than $38,000, which is significantly higher than for new college graduates with only a high school diploma.[2] Additionally, it’s been shown that those with job-related training generally have financial advantages over those who do not.[3] So if you’re clueless about what major to choose or where to get it, the following article will help you decide.
A college degree is not a guarantee of success, as it may require seeking out internship opportunities at companies where you really want to work. Most companies have a formula for calculating starting salary, which includes the number of years of experience, education level, industry, specialty and additional compensation (stock options, bonuses and overtime).
Using this information, you should be able to determine whether or not your starting salary will be desirable as you enter the job market.
In a story from the Daily Mail, Hays executive director Nick Brooker claims that young professionals should not be concerned about the company’s report. In fact, he goes on to say that those who have “highly developed skills and abilities” can earn as much as £45,000 ($70,000) per year. It’s even possible for college graduates to begin at £20,000 ($32,500) and make their way up the ladder of success.
Let’s face it. We all want to live comfortably, and to do that, we have to earn a decent living. Thankfully, there are plenty of opportunities out there for young college grads. The key is to find the career path that offers solid pay with excellent job security and room for advancement.
GEDGraduates are going to college in record numbers these days. Many of these students have very little experience when it comes to taking tests or writing papers. For example, the average high school graduate may not have even written a five-paragraph essay before. That’s where GED.com comes in.
