Fall in graduate earnings premium

The graduate earnings premium has fallen over the past nine years, new data suggest

June 18, 2015
People standing on piles of coins
Source: iStock

The latest Graduate Labour Market Statistics found that the gap in salary between graduates and non-graduates has fallen by 10 percentage points since 2006. Graduate pay in the first quarter of 2015 was 45 per cent higher than that of non-graduates, down from a 55 per cent premium in the first quarter of 2006.

The pay boost that postgraduates receive above graduates, meanwhile, has remained largely stable over the same period, according to the data released by the Department for Business, Innovation and Skills on 9 June. On average postgraduates earn about 20 per cent more than graduates.

holly.else@tesglobal.com

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POSTSCRIPT:

Article originally published as: Narrower gap: fall in graduate earnings premium (18 June 2015)

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