Tuesday 25 October 2016

Job capital? Graduates 'earn less in Dublin than the rest of Ireland'

Catherine Devine

Published 05/07/2016 | 23:17

Stock photo: PA
Stock photo: PA

Graduates in Dublin have the lowest starting wage in the country at €24,000 on average.

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This figure is more than €4,000 below the average starting wage nationally at €28,461.

The new figures were revealed in the “Graduate Salary & Graduate Recruitment Trends Survey 2016” which looks at graduate recruitment annually.

Despite Dublin creating half of the jobs for graduates, it ranks the lowest for starting pay while the “Rest of Leinster” had average salaries of €29,000.

Surprisingly, computer science and IT weren’t the top earning jobs down from almost four percentage points to 10.8pc, but the salary remains steady at €30,000.

The best paid jobs in are in law, legal services and patents, starting at €38,500. However, they account for just 1.5pc of the graduate jobs available within the survey.

Management consulting is the second highest at €31,000, but also represents a very small proportion of the jobs available.

The construction industry, which was hit very hard in the recession, recorded one of the most significant increases in salary from last year up 20pc at €27,500.

The report showed that there were more graduates recruited this year than last due to business growth and employers having a strategic focus on graduate recruitment.

Internships remain overwhelmingly popular with 80pc of employers now offering such programmes. It's also good news for graduates as 92pc of these are now paid, with pay rising to between €1,600 and €1,799 per month.

However, employers highlighted that there are some common shortfalls for graduates in the market at the moment, including a lack of communication skills and problem-solving abilities.

They also noted a lack of leadership and poor writing skills while many graduates didn't possess the requisite IT skills.

The research looked at more than 100 graduate employers between December 2015 and March 2016.

Get in contact if you've a story to tell: cdevine@independent.ie

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