1. Business Ideas
  2. Business Plans
  3. Startup Basics
  4. Startup Funding
  5. Franchising
  6. Success Stories
  7. Entrepreneurs
  1. Sales & Marketing
  2. Finances
  3. Your Team
  4. Technology
  5. Social Media
  6. Security
  1. Get the Job
  2. Get Ahead
  3. Office Life
  4. Work-Life Balance
  5. Home Office
  1. Leadership
  2. Women in Business
  3. Managing
  4. Strategy
  5. Personal Growth
  1. HR Solutions
  2. Financial Solutions
  3. Marketing Solutions
  4. Security Solutions
  5. Retail Solutions
  6. SMB Solutions
Product and service reviews are conducted independently by our editorial team, but we sometimes make money when you click on links. Learn more.
Build Your Career Get the Job

25 Starting Salaries for New Job Hunters

25 Starting Salaries for New Job Hunters
Credit: www.BillionPhotos.com / Shutterstock

Just graduated with a science or tech degree? You're in luck: New job seekers can make the most money working in entry-level engineering and software development jobs, according to a new study from the Hay Group, a division of the organizational advisory firm Korn Ferry.

Both jobs have average starting salaries of more than $62,000, and the pay could be even higher for those jobs depending on where they're located. For example, the average starting salary of an engineering job in San Francisco is $77,096 and $74,609 in New York City. Software development starting pay is also more than $74,000 in both of those cities.

For the study, researchers analyzed salaries of 145,000 entry-level positions from more than 700 organizations across the United States. Based on this data, the firm issued a sampling of 25 jobs, across various industries, as a way to provide a snapshot of what new grads can expect as they enter the workforce full time for the first time.

Overall, the average starting salary of the 25 jobs listed is $48,270, up 2 percent from a year ago. [See Related Story: Grads' First Job: 4 Questions Before You Say Yes]

"The market for hiring college grads is extremely competitive this year, so employers need real, authentic ways to differentiate themselves and stand out as an employer of choice," Vivienne Dykstra, global graduate practice leader for Korn Ferry Futurestep, said in a statement. "Strong starting salaries are a critical part of successful recruiting, along with a commitment to helping new recruits develop as their careers progress."

The average starting salaries for the 25 jobs highlighted in the study are:

  1. Engineer: $62,174
  2. Software developer: $62,093
  3. Actuary: $57,600
  4. Scientist/researcher: $56,872
  5. Environmental professional: $56,236
  6. Insurance underwriter: $55,152
  7. Registered nurse: $55,099
  8. System's administrator: $52,200
  9. Paralegal: $51,511
  10. Wireless consultant: $50,116
  11. E-commerce analyst: $50,000
  12. Human resources administrator: $48,578
  13. Merchandise planning associate: $46,873
  14. Product development specialist: $46,575
  15. Event coordinator: $46,212
  16. Public relations assistant: $45,619
  17. Pharmacy benefits program coordinator: $45,506
  18. Buyer: $44,477
  19. Graphic designer: $43,855
  20. Accountant: $43,294
  21. Health education instructor: $42,994
  22. Call center specialist: $39,998
  23. Claims examiner: $35,987
  24. Category assistant: $35,782
  25. Customer service representative: $31,958

When broken down by location, all of the average salaries were higher in San Francisco, New York City, Los Angeles and Chicago.

Visit this Business News Daily article for more advice on finding a job as a new grad.

Chad  Brooks
Chad Brooks

Chad Brooks is a Chicago-based freelance writer who has nearly 15 years experience in the media business. A graduate of Indiana University, he spent nearly a decade as a staff reporter for the Daily Herald in suburban Chicago, covering a wide array of topics including, local and state government, crime, the legal system and education. Following his years at the newspaper Chad worked in public relations, helping promote small businesses throughout the U.S. Follow him on Twitter.