A study by TARGETJobs has discovered that a typical engineering graduate working with a high profile graduate employer is £25,000!
The job searching giant suggests that salaries for such roles advertised with TARGETjobs Engineering tend to range between around £21,000 to £30,000. With oil and gas giants such as BP, Shell and ExxonMobil offering up to £32,000 for a graduate engineer.
- Mechanical engineering graduates’ salaries averaged £23,993
- Civil engineering graduates’ salaries averaged £22,891
- Electrical and electronic engineering graduates’ salaries averaged £21,852.
In the United States, similar graduate schemes were also offering high starting pay, particularly in oil, chemical and electrical engineering.
Starting salaries for leading engineering graduate schemes
The following figures relate to starting salaries for 2011 or 2012.
- AB InBev graduate salary: £24,500
- AB Agri Limited graduate salary: £21,000 (commercial, supply chain and nutrition graduate schemes); £22,000 (finance graduate scheme).
- Airbus graduate salary: £25,000
- AkzoNobel graduate salary: £25,500-£27,500
- AMEY graduate salary: £23,000–£25,000.
- ARM graduate salary: £25,000
- Astrium graduate salary: £23,750
- Atkins graduate salary: £20,000–£24,000 (undergraduate degree). £22,000–£26,000 (masters degree). £24,000–£28,000 (PhD).
- AWE graduate salary: usually at least £21,000 per year, although salaries are typically dependent on experience. Applicants with PhDs start on at least £26,000 per year.
- Babcock graduate salary: variable, but usually up to around £25,000.
- BAE Systems graduate salary: £24,000–£28,000 (graduate development framework). £28,000 (finance leader development programme). £28,000+ (sigma leadership programme).
Source: TARGETJobs, payscale.com