Rising inflation means UK graduates have taken a real-terms pay cut this year, a new survey has found.
The Institute of Student Employers (ISE) said it was “concerned” by the findings and warned students that the economic situation might worsen further.
The ISE’s annual Student Recruitment Survey of 170 large UK student employers in August and September found that the median graduate salary rose to £30,921 this year, up slightly – by 1.4 per cent – from £30,500 last year.