IT graduate starting salaries have dropped by £3,000 over the past 18 months,
according to research from the Association of
Graduate Recruiters (AGR).
The AGR’s Graduate Recruitment Survey 2008 Summer Review found that the
median starting salary for IT roles is currently £25,000, placing it at fifth on
the list of graduate salaries by career area. However, this represents a
decrease of 11 percent since February 2007. According to the AGR’s 2007 Winter
Review, the median salary for IT graduate roles was £28,000 at the start of last
year.
This downward trend in pay is not reflected across other sectors. The current
median starting salary for graduates is £24,500, up from £22,953 last February.
John Gillard, graduate programme manager for
Technology Services at
Capgemini, said that one explanation for the salary reduction could be that
many traditional IT entrant roles are now being “successfully and efficiently”
delivered from offshore.
“This means that businesses can afford to hire graduates from a non-IT
background, who will also be able to carry out the consultancy-based parts of
the job," he added.
Alex Thomson, IT director at
Travelodge, said that despite the
prospect of more competition to recruit technical graduates – the AGR research
revealed that almost a quarter of firms were concerned about IT skills shortages
– he did not expect to see hefty rises in starting salaries for technology
roles, due to the tightening economic conditions.
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