Employers surveyed expected there to be an average 12.7% increase in college-grad hires this year, which would be the first hiring increase in two years, according to the National Association of Colleges and Employers’ (NACE )latest quarterly starting-salary survey.
Computer engineering and chemical engineering firns were shelling out the highest starting salaries for employees with those degrees – at $53,117 and $52,563, respectively. While the salary for computer engineers was only a slight increase, 0.7%, the chemical engineering salary shows a 2.5% rise.
The industry with the largest pay increase was computer science, for which starting salaries rose 8.9% to $48,646, with more than half the offers recorded in the survey at more than $50,000.
Other starting salaries in industries showing pay increases were:
- Mechanical engineering, $49,088, 2.0%
- Industrial/Manufacturing engineering, $48,283, 0.4%
- Information sciences, $42,108, 2.6%
- Accounting, $42,045, 0.1%
- Management info systems/Business data processing, $41,103, 1.3%
- Economics/Finance, $40,596, 0.5%
- Logistics/Materials management, $40,484, 3.5% /li>
- Business administration, $37,368, 2.0%
- Marketing, $36,071, 1.0%
- Liberal arts majors (surveyed as a group), $30,153, 3.5%
Only five groups showed smaller starting salaries this year:
- Electrical engineering, $49,926, -1.4%
- Construction science, $41,232, -3.7%
- Civil engineering, $41,046, -1.2%
- Nursing, $37,253, -4.3%
- Psychology, $25,032, -8%
The winter survey included 2,300 offers, a smaller number than those in its fall survey which covered those made through the previous August.