The graduates making the (pay) grade

As the class of 2018 edge closer to G-day, and to taking their first shy steps into the British job market, one question remains on their minds: where are all the best jobs, and is there one out there with my name on it?

Recent research by the data science team at Adzuna has revealed the jobs for university leavers looking for big bucks, and those jobs that may come with less pay potential.

Top line

Graduates lucky enough to bag a career in project management could lay claim to the best financial rewards in the early stages of their career, with average advertised salaries of £34,031 up for grabs.

Graduate roles in electrical engineering or as quantitative analysts are next in line. Rounding out the top five roles for savvy grads are graduate software engineer roles and graduate actuaries, earning on average £29,648 a year.

Not so fruity

Not all roles pay new entrants so handsomely, though.

The worst paid graduate-specific jobs are graduate teaching assistants, who stand to earn just £17,577 on average, according to advertised pay packets on Adzuna.

Trainee estate agents and trainee accountants took second and third place on the table of worst paid career starters. Those looking to forge careers in the noble fields of psychology and marketing rounded out the five worst paid careers for new entrants to the workforce.

Heres to the future

For those who are a few years away from the graduate job search dilemma, theres a lot more to consider, as our star employees of tomorrow seek to build the skills that will serve them well in the future.

The rise of artificial intelligence and the insatiable demand for technology talents is likely to create many more jobs in the years to come.

We are currently seeing more than 200 jobs for newbies with cyber security skills, paying on average £28,443.

But this is set to grow fast as concerns about online security continue to make headlines.

The B word

The ongoing Brexit debate might have a long-term impact on the shape of the British job market.

Some experts are already predicting a rapid rise in the number of HR and legal specialists needed to guide British businesses through the adjustment phase. HR grads could command average wages of £25,747, while those embarking on a legal career can expect some of the highest training salaries.

The other B word

Blockchain fever is also taking the working world by storm, and there is every possibility it will grow significantly by the time todays undergraduates join the British workforce.

Right now, companies across the UK are hiring graduate engineers and developers to work on the blockchain phenomenon, with an impressive average advertised salary of £34,093.

Who knows how many more roles the future may hold as demand grows?

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CityAM

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