I gave a speech on 15th September 2015 to Graduate Recruiters Network to a group of employers on the latest global salary trends of masters graduates recruitments. They asked me to summarise key points I said at the meeting. Here it is.
I would also like to take this opportunity to thank my amazing QS colleagues especially Benjamin Clayton and Susan Gatuguta Gitau whose great support and fantastic work has enabled this major research piece possible.
After the major fall in salary levels between 2013 and 2014, 2015’s responses have shown signs of recovery. While salaries have not risen across the board – Eastern European salaries fell slightly, while Asia Pacific saw a major drop – the overall trend is one of growth, which should give students working on their postgraduate degrees a lot to be optimistic about.
Asia Pacific’s salary drop was especially dramatic considering it had been rising since 2012. It is currently at its lowest point since 2011. Eastern Europe’s salaries have declined for the second year in a row, and 2015 is its lowest salary level so far. Africa & Middle East has broken out of its own two-year decline and is growing again, while Latin America and Western Europe have recovered from their 2014 slump. Salaries in the US & Canada, on the other hand, are on a two-year streak of growth, and are at their highest point yet.