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Salaries increase with graduate training schemes
Tuesday, 07 July 2009
Life after graduation
A new report from the Association of Graduate Recruiters (AGR) has found that those who successfully get onto a training scheme for university leavers could see a substantially greater salary.
The Real Prospectus 2009 survey collected information from 24,500 degree-holders currently in working positions and the results revealed that graduate job salaries average out at £18,114 over four years.
For those on graduate training schemes however, this figure can jump up to £7,000 more per year.
Mike Hill, chief executive of Graduate Prospects, who launched the report, said: "Investment mustn't stop after the initial recruitment process if we are to bridge the gap between expectation and reality with better communication, training and scope to innovate.
"If we want our graduates to be the successful business leaders of the future, we must take the process of their growth seriously, developing the talent pipeline and investing in our future."
The AGR recently published its bi-annual survey of the graduate jobs market, which showed that the energy and utilities sector is the only industry reporting increased employment in the last quarter.