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

You've reached your article limit

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 6 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

POSTSCRIPT:

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

Have your say

Log in or register to post comments

Featured Jobs

Most Commented

United Nations peace keeper

Understanding the unwritten rules of graduate study is vital if you want to get the most from your PhD supervision, say Kevin O'Gorman and Robert MacIntosh

David Parkins Christmas illustration (22 December 2016)

A Dickensian tale, set in today’s university

Eleanor Shakespeare illustration (5 January 2017)

Fixing problems in the academic job market by reducing the number of PhDs would homogenise the sector, argues Tom Cutterham

Houses of Parliament, Westminster, government

There really is no need for the Higher Education and Research Bill, says Anne Sheppard

poi, circus

Kate Riegle van West had to battle to bring her circus life and her academic life together