I was interested in reading the results of this week’s undergraduate survey by totaljobs.com about their expectations on graduating. The survey highlights the unrealistic expectations that they will earn over £35,000 in their first year.
The survey shows the contrast that one in ten undergraduates believe they will earn over £35,000 in the first year of graduating. Whilst six in ten graduates believe their salaries will be below £20,000.
It is good to point out that Pareto graduate jobs roles on average earn £27,521 OTE in their first year which is above the national average of £25,000. However undergraduates need to be more realistic and be prepared to understand the expectations of the graduate market to earn above £20,000.
Mike Fetters, Graduate Sales Director at totaljobs.com believes that graduate flexibility is the key: “Having invested heavily in securing a decent degree, it is not unreasonable for graduates to feel they deserve a job that matches their career expectations. Unfortunately competition for professional roles has never been fiercer, and students that have failed to prepare carefully through extra-curricular activities and early engagement with employers are simply not making the grade.”
However, what is good is that it seems that graduate job seekers now more willing to be flexible than ever in both the sector. Nearly 50% would work in either the private or public sector and 79% would relocate for work, and this figure rose to 86% for undergraduates. Then 44% said they would move abroad and a 33% would move anywhere in the UK.
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