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Entry Level: Are You Earning What You Deserve?
I came across a Washington Post article about Entry Level salaries for college graduates and the information “raised” my interest.
According to the National Association of Colleges and Employers, the average starting salary offered to college graduates was 7.1 percent higher than what the class of 2007 received. From my last post (Proof of inflation: minimum wage increases), if you aren’t keeping up with these increases, recent college graduates may be passing you and you don’t even know it!
The association’s annual survey was based on 15,239 job offers made at 123 member schools. Here are some numbers from the article of majors that have increased since 2007:
Liberal Arts Majors: 12.6 percent
Computer Science Majors: 13.1 percent
Chemical Engineering Majors: 6.4 percent
Civil Engineering Majors: 6.4 percent
What is causing these large increases?
Maybe because of the recent fall in the economy, corporations took this as an opportunity to replace higher paid employees with lower paid college grads. The demand for smart, eager young people, at a lower cost, raised their starting salaries a bit. That’s just my thought.
How do you ask for what you deserve?
Sources:
Off to a Good Start - Washington Post
National Association of Colleges and Employers
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