Finally I get to be sharing some good news to our recent graduates as well as any job hunter who is looking for the first “real” job. (The lemonade stand in the 3rd grade just doesn’t count guys.) Earlier this week, the National Association of Colleges and Employers (NACE) released a press statement that highlighted that overall starting salary offer has stayed fairly on par despite the tough economy.
NACE’s Summer 2009 Salary Survey report shows that the average starting salary offer for new college graduates now stands at $49,307. That’s off less than 1 percent from the average $49,693 that 2008 graduates posted last year at this time.
The statement goes to even break down data by school and major:
- Engineering graduates enjoyed the highest salary increase with an average offer to engineering graduates rose 3.7 percent to $59,254.
- Accounting majors also did better than the average, and posted a 1.9 percent increase for an average offer of $48,993.
- The average offer to finance graduates rose 2.9 percent to $49,940, while marketing graduates posted a 3 percent increase for an average of $43,325.
- For all those liberal arts grads, starting offers barely changed. Their overall average offer fell less than 1 percent from $36,419 last year to $36,175.
- Economics graduates also saw a decrease to their average salary offer, which fell by 1.3 percent to $49,829.
Although we all know the old saying, “Money doesn’t grow on trees.” But is nice to know that the branches are not being pruned back to heavily for all those job seekers out there.