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Last Updated: Tuesday, 12 July, 2005, 08:09 GMT 09:09 UK
Graduates break 20,000 barrier
Student celebrates
Competition from elsewhere has driven up salaries
Average starting salaries for graduates have hit 20,000 for the first time in Scotland, according to a study.

Research from the Association of Graduate Recruiters suggests that the bigger firms are having to pay more in order to fill increasing vacancies.

The biggest shortages are in professions including law, banking, IT and engineering.

Most vacancies were in accountancy. Firms are also having to compete with salaries in England.

More than half of all graduate vacancies are in London and the south east of England.

This has tempted graduates south along with the higher salaries on offer.

Graduates in London top the pay scales, earning an average of 26,500 a year.

The lowest rates were in Scotland and Wales. Welsh recruits start on about 18,000 per annum.

Research for the survey took place during June 2005 using an online questionnaire.


SEE ALSO:
Graduates 'earn 22,000 a year'
11 Jul 05 |  Education
Young Ones or rich kids?
01 Oct 04 |  Magazine
Student costs 'delay retirement'
13 Sep 04 |  Business


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