London: Graduates working in the Consulting industry are the highest paid graduate employees in Britain, according to the latest annual graduate survey conducted by TheJobCrowd.
Anonymous job review site TheJobCrowd.com asked over 4,000 graduates in their first three years of employment to score their company on a range of criteria including training, career progression, responsibility levels, work-life balance and benefits.
The Consulting industry topped the list for Salary and also scored very highly for Career Progression (2nd) and Responsibility (3rd).
The average starting salary reported by graduates in the Consultancy was £35,260, which is 26% above the average reported across all graduate roles of £28,071. Law and Banking & Finance were the next best paid careers.
The results paint a very positive image of working within the Consulting industry and are likely to tempt more graduates into exploring careers in this sector in future.
Newton Europe topped the list of Top Consulting Companies and came 11th overall in the Top 100 Graduate Employers. Other companies in the Top 100 include Bain & Company, Capgemini and PA Consulting Group. In total, 7 Consulting companies made the list of Top 100 companies.
Andrew Hawes, Director and Co-founder at Newton, said, "We work exceptionally hard at recruiting the very best candidates, training them to the highest standard and making Newton a rewarding environment to work in. The key to our success has been building a team of engaged and motivated people who can deliver exceptional results for clients. To be recognised for our investment in our people is fantastic, and we are committed to raising the bar in terms of employee satisfaction so that our staff can focus on supporting the public sector and industry in meeting their efficiency challenges in a very tough financial climate."
A graduate from Newton Europe commented: "I get to work in a challenging role alongside bright and interesting colleagues. We genuinely have fun together at Newton!"
Firms from 17 different industries were featured in the list, which comprised of a mixture of established multinationals and smaller employers.
Keren Mitchell, co-founder of TheJobCrowd.com, says the results show that graduate employees in the Consulting sector are amongst the highest paid graduates in Britain.
Mitchell said, "Graduates working for Consulting companies reported earning higher starting salaries than any other industry in TheJobCrowd's survey. This of course can be a significant point of attraction for many new graduates and when you combine this with strong ratings for the sector in other fields as well, it is very compelling."
Co-founder Natasha Freeman, says she hopes the information will encourage more graduates to consider a career in Consulting.
Freeman commented, "All of this data was collected anonymously from graduate-level employees at the companies in question so respondents gave true assessments of their employer and their role. The survey showed us that graduates in Consulting are really happy, particularly with their levels of responsibility and career progression — as well as being the best paid — so I would certainly recommend to new graduates that they strongly consider a career in Consulting."
The list of the Top 10 Consulting Companies For Graduates To Work For is here.