Monday, 15 November 2021
Increase in graduate and school-leaver salaries but ...
A survey by the Institute of Student of Employers (ISE) has found that the typical pay for graduates rose to £30,500 in 2021, up by £833; while school leavers saw a jump of £1,039. However, the number of applicants per job reached a record high of 91 per graduate vacancy, a 17% increase on last year. It also marks the highest number since the ISE started collecting data in 1999. The 2021 cohort of graduates has been competing for jobs against last year's cohort, who graduated in the year the pandemic began. The 177 respondents, each large employers of students and young people, suggested that the jobs market had still not recovered to pre-pandemic levels.
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