• Starting Salaries Up 1.2 Percent for Class of 2014 Grads


    CONTACT:Kevin Gray, ext. 139, Andrea Koncz, ext. 121, 610.868.1421
    E-MAIL:kgray@naceweb.org
    akoncz@naceweb.org
    DATE:April 3, 2014
    SUBJECT:Starting Salaries Up 1.2 Percent for Class of 2014 Grads

    BETHLEHEM, PA—The average starting salary for new college graduates earning bachelor’s degrees has increased 1.2 percent over last year, according to a new report by the National Association of Colleges and Employers (NACE).

    NACE’s April 2014 Salary Survey—the first look at starting salaries for the Class of 2014—found that the average starting salary for these college graduates stands at $45,473, up from the 2013 average salary of $44,928.

    With a jump of 3.7 percent, health sciences garnered the highest average starting salary increase among the disciplines for the Class of 2014, while humanities and social sciences and computer science trailed closely with gains of 3.5 percent and 2.9 percent, respectively. (See Figure 1.)

    An executive summary of the April 2014 Salary Survey report is available at www.naceweb.org/salary-resources/salary-survey.aspx.

    Figure 1: Average Salaries by Discipline

    Discipline 2014 Average Salary 2013 Average Salary Percent Change
    Business $53,901 $54,234 -0.6%
    Communications $43,924 $43,145 1.8%
    Computer Science $61,741 $59,977 2.9%
    Education $40,863 $40,480 0.9%
    Engineering $62,719 $62,535 0.3%
    Health Sciences $51,541 $49,713 3.7%
    Humanities & Social Sciences $38,365 $37,058 3.5%
    Math & Sciences $43,414 $42,724 1.6%
    Overall $45,473 $44,928 1.2%

    Source: April 2014 Salary Survey, National Association of Colleges and Employers

    About Salary Survey: Salary Survey reports starting salaries for new college graduates in more than 90 disciplines at the bachelor’s-degree level. Data contained in the report are reported by employers, represent accepted starting salaries (not salary offers), and are produced through a compilation of data derived from the U.S. Bureau of Labor Statistics, the U.S. Census Bureau, and a master set of data developed by Job Search Intelligence. Data for the April 2014 Salary Survey report were retrieved in February 2014. Salary Survey is published in January, April, and September.

    About NACE: Since 1956, the National Association of Colleges and Employers (NACE) has been the leading source of information about the employment of college graduates. For more information, visit www.naceweb.org. NACE maintains a virtual press room for the media at http://www.naceweb.org/press-releases.aspx.


Starting Salaries Up 1.2 Percent for Class of 2014 Grads