Advice for Employers and Recruiters
Early career starting salaries for students jump 7.4% as hires increase 31.6%
September 19, 2023
The National Association of Colleges and Employers (NACE) is reporting a massive improvement in the U.S. job market for college and university students and recent graduates.
| The overall average starting salary for Class of 2022 graduates is up 7.4 percent to $60,028 from $55,911. NACE is attributing the jump to the large increase in new college graduate hiring — and the competition for this talent — as NACE employers participating in the survey planned a robust hiring increase of 31.6 percent. |
| Average Starting Salaries for the Class of 2022 Bachelor’s Degree Graduates: $86,964 Computer & Information Sciences $76,249 Engineering $76,186 Mathematics & Statistics $61,970 Business $58,849 Health Professions & Related Programs Master’s Degree Graduates: $105,894 Computer & Information Sciences $98,036 Engineering $90,607 Engineering Technologies $87,976 Business $83,444 Mathematics & Statistics |
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