Graduate starting salaries frozen
Nine out of 10 will not increase starting pay rates this year, a survey of more than 100 employers with graduate entry training programmes revealed.
Nasreen Rahman of IDS said this year would be a "buyer's market" for graduate recruiters, with starting salaries stagnating, adding: "High rates of price inflation over the last few years have been eating away at the purchasing power of starting salaries for new graduates.
"Even though the demand for graduate recruits is showing signs of revival, the competition for places means that employers are under little pressure to increase current rates, despite high inflation."
IDS said the number of applicants for every graduate vacancy increased from 41 to 46 in the past year.