Everybody wants to know what they can make. Here's what the graduates of 2016 should look to earn — if they're among the lucky ones...
As recent graduates begin job-hunting, what’s the best they can hope to make at the start of their budding careers? We know you’re wondering, and so was a national recruitment firm.
The average grad will make around $48,270, but for those among us that were smart enough not to major in English, the prospects are a little bit brighter. Research conducted by Korn Ferry tells us the highest starting entry-level salaries for 2016’s young professionals.
And, big surprise, none of them involve bachelor’s degrees in the arts….
A super nebulous job title, but a profitable one nonetheless. Engineers are projected to make an average of $62,174, which is 29 percent higher than the average base salary for those in the 2016 graduate class. That extra year in getting your undergrad degree was definitely worth it.
2. Software Developer
It’s no surprise that those who choose to go into software development will do well financially. While you’re not quite Bill Gates yet, you can expect to make $62,093 in the beginning of your career, 29 percent above the average.
As an actuary, you were probably wise enough to measure the benefits and risks in pursuing a career in this field. Luckily for you, you chose well. On average, you’ll make $57,600 starting out, and possibly up to $70,521 if you’re living in San Francisco. Good call.
4. Scientist / Research
Do scientists actually wear white lab coats? I guess you’ll get to find out as you kick off your career. Researchers can expect to receive $56,872 as their base salary. I’m sure you can do the math, but just in case, that’s about 18 percent above the national average.
5. Environmental Professional
Your altruistic concern for the world has definitely earned you some good karma as you make 17 percent above average at $56,872, and in certain parts of the US, you could be making anywhere between the mid to high $60,000s. Tell that to all of your broke friends who called you a hippy.
6. Insurance Underwriter
Has a job title ever sounded more boring? But who cares? You’ll be making bank. You can expect to make $55,152 on average starting off, but that number can increase by over $13,000 depending on where you are in the nation.
7. Registered Nurse
Your four years of long hours and sleepless nights as an undergrad have definitely prepared you well for your career. But it’s okay, because you’ll be making $55,099 right off the bat, 14 percent above the national average.
8. Systems Administrator
You revel in society’s growing dependence on technology because you know you’ll be employed forever. If you’re starting salary is any indication, you’re already in pretty high demand. You’ll be earning an average of $52,200, eight percent higher than your peers.
I’m sure you won’t object (haha…) to your starting salary as a paralegal. You’ll be making seven percent above the national average at $51,51, but could start off as high as $61,813 in New York.
10. Wellness Consultant
You’ll need a healthy budget in order to shop at Whole Foods, but you should be covered because you’ll be making $50,116 at the start of your career, a nice four percent bump above the national average.
Article last modified on March 9, 2017. Published by Debt.com, LLC .