Friday 9 December 2016

Computing and technology graduates enjoying higher starting salaries

Published 03/05/2016 | 02:30

Computing graduates are more likely to walk into much higher paid jobs straight from their studies. Getty Images
Computing graduates are more likely to walk into much higher paid jobs straight from their studies. Getty Images

Studying Computer Science or Information Technology appears to be the key to a higher starting salary for the current generation of graduates.

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A quarter of young people who left college with these qualifications commanded salaries of between €29,000 and €33,000 nine months later.

Engineering graduates were also relatively well paid, the HEA report shows.

There were 23pc in the €29,000-€33,000 pay salary bracket within less than a year of leaving college.

But computing graduates were also most likely to walk into much higher paid jobs straight from their studies.

There were 8pc on €45,000 or more in the spring following their graduation.

That compares with 3pc of engineers, just 2pc of business and law graduates, and no teachers.

Meanwhile, arts and humanities qualifications attracted the lowest salaries with 25pc earning below €13,000.

These trends may be partly attributed to high levels of casualisation.

The highest proportion of these on €37,000 or more are in the Dublin (8pc) and mid east (7pc) regions.

Overall, the report confirms that graduate salaries in Ireland are slowly rising, although almost half of those who left college with an honours bachelor degree in 2014 were on salaries of less than €25,000 nine month later.

According to the report, 51pc of these graduates earned more than €25,000, compared with 48pc the previous year.

The report also confirms the link between higher levels of education and salaries. It shows 31pc of doctorate graduates earning over €45,000, compared with 2pc of honours bachelor degree graduates.

Higher levels of people with masters degrees or postgraduate diplomas were also on this salary band, compared to those with honours bachelor degrees only.

There is also a slight gender split in graduate salaries, with a greater percentage of men falling into the wage brackets below €29,000.

The trend is reversed with salaries above this point, with more women earning €29,000 and above.

However, the difference is confined to just a couple of percentage points at all levels on the salary scale.

Irish Independent

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