Spotlight for Career Services Professionals, January 19, 2011
Spotlight Online for Employment and Recruiting Professionals January 19, 2011
Over the past year, college graduates in the United States saw their base annual salary remain steady while their peers in other countries saw different results, according to new survey results reported by the International Network of Graduate Recruitment and Development Associations (INGRADA).
INGRADA links major college and university recruitment associations in the United States, Australia, Canada, Hong Kong, South Africa, and the United Kingdom. NACE is a founding member of the group.
INGRADA’s Global Graduate Recruitment Survey report contains results from six countries and covers new undergraduate starting salaries, offer-acceptance rates, vacancy figures, retention rates, and the costs associated with hiring new college graduates.
U.S. college graduates from the Class of 2010 saw base annual pay fall less than 1 percent (0.70 percent) from the previous class. Base pay for students in the United Kingdom held steady (no change). Australian grads saw an increase of 5.20 percent, while their counterparts in Canada experienced a decrease of 3.6 percent.
By far, the average vacancies per employer were higher in the United States (121) than among any of the other participating countries. Next on the list is the United Kingdom (38), followed by South Africa (28), Canada (19), and Australia (18). Hong Kong’s average per employer is between 10 and 20, depending on the region.
Meanwhile, acceptance rates are highest among employers in Hong Kong and South Africa (both 90 percent). Australia (86 percent) is next, followed by the United States (73.2 percent) and Canada (73 percent).
Access INGRADA’s Global Graduate Recruitment Survey report or learn more about INGRADA and its member associations at www.ingrada.org.