State Relations

July 17, 2009

New survey finds pay holds steady for recent grads

A new study shows that 2009 college graduates are finding most employers keeping starting pay levels constant despite the recession.  According to an article in the Puget Sound Business Journal:

This year’s graduating class held its ground with average starting salary offers, demonstrating that employers are reluctant to significantly tinker with starting pay despite the recession, a report by the National Association of Colleges and Employers found.

The average starting salary offer for new college graduates is $49,307, which is less than 1 percent lower than the average of $49,693 that 2008 graduates posted last year at this time, according to a news release Wednesday.

You can find the complete article here.