Compensation

  1. Someone analyzes research data from NACE's Winter Salary Survey.
    Projections Point to Salary Increases for Class of 2024 Bachelor’s Grads

    There is good news for the Class of 2024: Salary projections for all reported groups of majors are higher than the projections reported for the Class of 2023

  2. A group of young professionals.
    Salaries Expected to Be Stable for Class of 2024 Bachelor’s, Master’s Graduates

    Slightly more than 43% of employers plan to increase starting salaries to Class of 2024 bachelor’s degree graduates, and nearly all remaining employers anticipate keeping salaries at last year’s levels.

  3. A stack of coins with a graduation cap sitting atop a coin-filled jar at the end.
    Salary Differentials Show Value of Earning a Master’s Degree for Class of 2022 Graduates

    What is the value of earning an advanced degree? In terms of salary, some Class of 2022 majors benefited significantly by earning a master’s degree.

  4. A line graph superimposed upon a growing stack of coins.
    Final Salaries Jumped for Class of 2022 Bachelor’s, Master’s Graduates

    The overall average starting salary for Class of 2022 graduates who earned bachelor’s degree is up 7.4%, climbing to $60,028 from $55,911 for the Class of 2021.

  5. A bar chart superimposed on a photo of a stack of coins.
    Differential in Starting Salaries Between Bachelor’s and Master’s Grads Is Diminishing

    What is the advantage of obtaining a master’s degree? In terms of average starting salary, that advantage has been declining in recent years.

  6. An image of a line chart moving upwards.
    SALARIES EXPECTED TO CLIMB FOR CLASS OF 2023 MASTER’S GRADS

    All reported categories of majors at the master’s degree level show projected increases for the Class of 2023.

  7. A computer engineer at work.
    Salary for Class of 2023 Computer Sciences Grads Expected to Fall, but Demand Remains Strong

    The average salary projection for computer sciences graduates at the bachelor’s degree level is expected to be lower than last year, but these grads remain in high demand.

  8. A stack of people figurines standing on piles of coins.
    Hampered by the Pandemic, Salaries Up Only Slightly for Class of 2021

    The overall average salary for Class of 2021 graduates is $55,911, which is only 1.2% higher than that for the Class of 2020 ($55,260). The fact that the increase in starting salary is small may simply be a case of timing as the Class of 2021 was still experiencing the effects of the COVID-19 pandemic on the job market.

  9. silhouette of chess piece being placed on chess board
    Is Salary Negotiation Inherently Inequitable?

    When a candidate is put in a situation to name a salary or negotiate a salary provided by the employer, the candidate is not being paid based on their merit and skills but rather on how well they handle a negotiation discussion.

  10. A computer science grad at work.
    Computer Sciences, Engineering Top-Paid Categories for Class of 2021 Master’s Grads

    The top-paid categories for Class of 2021 master’s degree graduates were computer sciences and engineering, according to results of NACE’s Summer 2022 Salary Survey, which is the final salary report for the Class of 2021. (See Figure 1.)

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    The Difference a Master’s Degree Can Have on Starting Salary

    In terms of a college graduate’s starting salary, earning a master’s degree can make a substantial difference.

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    Exploring Gender Bias in Starting Salary Offers Among STEM Majors

    Applying valuative bias theory, NACE research examines the gender pay gap in three STEM majors.

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    Equal Opportunity, Unequal Outcomes: Exploring Gender Inequality in Post-College Career Outcomes

    In comparing both the first destinations and the lifelong professional outcomes for women and men, there are some notable disparities, including in pay. What part can higher ed play in eliminating the gender pay gap?

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    Top-Paid Class of 2017 Engineering Bachelor’s, Master’s Grads

    What are the projected top-paid Class of 2017 engineering majors? Chemical engineers at the bachelor’s level and software engineers among master’s graduates.

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    Gender Representation and Salary Offers by Major

    A study of the average starting salary offers illustrates the imbalance in earning potential between men and women on the basis of academic major.

  16. An MIS student smiles.
    MIS Projected To Be Top-Paid Business Major

    Management information systems majors are projected to have the highest starting salary among Class of 2020 business graduates earning bachelor’s degrees.

  17. A group of STEM students work together on a project.
    Starting Salary Projections for Top-Earning Degrees Level

    While engineering, computer science, and math and sciences degrees continue to be the highest earning bachelor’s degrees, the individual average projections for these degrees appear to have leveled.

  18. A computer science student works on a project.
    Computer Science Grads Projected To Be Top-Paid Major

    Class of 2022 bachelor’s degree graduates earning degrees in the computer sciences are expected to command top dollar, according to the Winter 2022 Salary Survey, published by the National Association of Colleges and Employers.

  19. Two recent business graduates smile infront of their new place of employment.
    Projected Top-Paid Business Bachelor’s, Master’s Grads

    Management information systems majors are the projected top-paid Class of 2017 business majors at the bachelor’s level, while marketing majors are expected to be tops at the master’s level.

  20. graduation
    Average Salary for Class of 2019 Up Almost 6 Percent Over Class of 2018’s

    The final overall average starting salary for the Class of 2019 is $53,889, which is up 5.8 percent over the final average starting salary of $50,944 for the Class of 2018.

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    Computer Sciences, Business the Top-Paid Class of 2019 Majors at Advanced-Degree Levels

    Computer sciences majors have the highest starting salary at the master’s-degree level for the Class of 2019, while business grads are the top-paid at the doctoral level.

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    Transportation and Materials Moving Top-Paid Class of 2019 Associate Graduates

    Transportation and materials moving majors earned the highest average starting salary by far among Class of 2019 associate degree graduates.

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    Starting Salary Projections Positive for the Class of 2021

    The average starting salary projections for all reported categories of majors for Class of 2021 bachelor’s degree graduates show increases, albeit some of them are on the smaller side.

  24. Picture of computer code
    Demand for Computer Sciences Graduates High in the Current Job Market

    Data from NACE’s Winter 2021 Salary Survey show the value of computer sciences majors in the current job market.

  25. Students in cap and gown
    Starting Salary Projections Climb for Most Master’s Majors

    Starting salaries are expected to increase among many master’s degree majors this year.

  26. Line graph showing upward trend
    Hourly Wage Rate for Interns Continues Its Ascent

    The average hourly wage for bachelor’s-level interns has increased steadily since 2014. Despite the COVID-19 pandemic, that is the case again this year.

  27. Bar graph with word salaries
    Salaries for College Graduates Climb Despite Pandemic

    The final overall average starting salary for the college Class of 2020 landed at $55,260—2.5% above the final average starting salary for the Class of 2019.

  28. Person looking at survey results
    The Value of Earning a Master’s Degree Substantial for Several Majors

    What value can a master’s degree have over a bachelor’s degree? For certain majors, the differential in starting salaries is substantial.

  29. Two people reviewing graphs on a tablet
    Current Benchmarks

    Taken from current NACE research, this is an at-a-glance list of average starting salaries for new college graduates (bachelor’s degree level) and director-level career services and recruiting professionals, plus some benefits and expectations information.

  30. Graduates in caps and gowns
    Salary Trends Through Salary Survey: A Historical Perspective on Starting Salaries for New College Graduates

    Using NACE’s Salary Survey report, Andrea Koncz offers a historical perspective on starting salaries to new college graduates from 1960 through 2015. The overall economy, corporate scandals, new legal requirements, the dot-com bubble and burst—a variety of factors have affected the rise and fall of starting salaries for new college graduates over the past half century. Overall, in real terms, bachelor’s degree level salaries have risen 5.9 percent since 1960.

  31. Person looking at phone and laptop
    Average Salary for Master’s Level Computer Science Grads Nears $100,000

    starting salary; compensation; master’s degree; doctoral degree; advanced degree; first destination; Class of 2020; Salary Survey

  32. three people looking at a laptop screen
    Salary Is Job Offer Tie Breaker for Class of 2021

    Does salary matter to graduates from the college Class of 2021? No … and yes, according to students responding to NACE’s 2021 Student Survey.

  33. Men and women standing on bar chart
    NACE Research: Pay Inequity Based on Gender Begins at the Start of Career

    Results from NACE’s First Destinations Survey for the Class of 2020 reveal that the gap in pay between men and women begins right out of college—at the start of the career.

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    Salary Projections for Class of 2022 Bachelor’s Grads a Mixed Bag

    Average starting salary projections for the Class of 2022 range from an increase of 5.4% to a decrease of 14.8%.

  35. Two women and two men standing
    Gender Pay Gap Extends Much Farther Than Current Paycheck

    There are many factors that contribute to the gender pay gap and severe consequences of long-term inequity in pay.

  36. People standing together
    Salary Transparency Is Just the Beginning

    Increasing salary transparency in general and including information on potential payroll deductions can go a long way towards a more equitable work environment.

NACE JOBWIRE