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Salaries Climb for Class of 2012 Graduates

Spotlight for Career Services Professionals
Spotlight for Recruiting Professionals
September 12, 2012
 

Class of 2012 bachelor’s degree graduates are better paid than their Class of 2011 counterparts, according to NACE’s September 2012 Salary Survey

NACE reports that the overall average salary for Class of 2012 bachelor’s degree graduates inched upward 1.7 percent to $44,259 from the overall average of $43,521 posted by the Class of 2011. 

It’s important to note that, while the overall increase is small, all broad categories of majors have seen an increase. 

Among the broad categories, business and communications majors have the highest overall salary increase—2.2 percent. (See Figure 1.) Business majors from the Class of 2012 currently earn an average of $51,541, while their counterparts in communications earn $42,286. 

Overall, engineering majors posted a 1.9 percent increase to their average starting salary (now $60,639), followed by education majors, whose 1.6 percent jump brings their average starting salary to $39,080. 

The average starting salaries for computer sciences ($60,038), health sciences ($46,567), and humanities and social sciences ($36,824) majors all have increased by 1.4 percent. Meanwhile, math and sciences majors’ average starting salary has nudged up 0.8 percent to $42,355. 

An executive summary of the April 2012 Salary Survey report is available at www.naceweb.org/salary-survey-data/

Figure 1: Average Salaries by Discipline 

Broad Category 

2012 Average Salary 

2011 Average Salary 

Percent Change 

Business

$51,541

$50,446

2.2%

Communications

$42,286

$41,367

2.2%

Computer Sciences

$60,038

$59,234

1.4%

Education

$39,080

$38,461

1.6%

Engineering

$60,639

$59,496

1.9%

Health Sciences

$46,567

$45,903

1.4%

Humanities & Social Sciences

$36,824

$36,319

1.4%

Math & Sciences

$42,355

$42,002

0.8%

Overall 

 $44,259 

 $43,521 

 1.7% 

*Source: September 2012 Salary Survey, National Association of Colleges and Employers. All data are for bachelor’s degree graduates. 


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