• Best of luck to the class of 2024 for their HSC exams. You got this!
    Let us know your thoughts on the HSC exams here
  • YOU can help the next generation of students in the community!
    Share your trial papers and notes on our Notes & Resources page
MedVision ad

Graduate Salaries (1 Viewer)

lil_star

Longing for IT!
Joined
Dec 8, 2003
Messages
671
Gender
Female
HSC
2003
Hi...

I dont know if this is the best place to ask...but would like to still ask that what affects graduate salaries? Is it experience? Do you get offered more/less depending on experience.

I have met graduates getting 45k as well as 55k (thats in IT)...but still unable understand why is there so much difference within the same company?

Thanks :).

Cheers.
 

bscienceboi

Active Member
Joined
Feb 12, 2004
Messages
1,582
Gender
Undisclosed
HSC
N/A
What they do in the company, their roles.

Their experience.

Their working hours.

Bonuses for performance?
 

lil_star

Longing for IT!
Joined
Dec 8, 2003
Messages
671
Gender
Female
HSC
2003
45 K - Network Engineer

55 K - Onsite Support

I want to go to IBM BCS...I am not sure about Bonuses tho.
 

MoNNiE

Active Member
Joined
Sep 21, 2003
Messages
1,157
Location
The Hills
Gender
Undisclosed
HSC
2003
Some info on Graduate Salaries for engineering sectors
http://apesma.asn.au/surveys/engineers/summary/dec05_summary_report.pdf

Graduate Salaries for Scientists
http://apesma.asn.au/surveys/scientists/sci05_report_for_non-members.pdf

Chemical
http://apesma.asn.au/surveys/raci/summary/raci_summary_2005.pdf

ICT
http://www.apesma.asn.au/surveys/acs/summary/acs_summary_2005.pdf

please note these are free summary reports...! Basically its just showing the lower, median and higher ductile ranges of salaries...
 

So-net

Member
Joined
Apr 17, 2006
Messages
45
Location
Gordon, Sydney
Gender
Male
HSC
2003
回覆: Graduate Salaries

I heard a student from Accounting major hired by DTT, fresh grad. 45k per year :) :)
 

Beaky

You can read minds?
Joined
Apr 5, 2003
Messages
1,407
Location
Northen Beaches Pos
Gender
Male
HSC
2003
It's all how your present your services if your a contractor.... if you charge an hourly rate for getting a job done people ummm and err (it took 6 hours is this guy/chick wasting time??)... However if you say your getting x, y and z for a fixed price of xxx then people go... yeah i can justify paying this guy.

Should make sense :p
 

copious

Linbo rox my sox
Joined
Jul 8, 2002
Messages
2,506
Location
sydney
Gender
Male
HSC
2001
grad salaries differ very little, cept the invest banks like Macquarie pay a bit more. What effects the salaries? basically what everyone else is offering! you'll get anywhere between 40k and 60k depending on industry and role.
 

fillstar

Member
Joined
Aug 10, 2002
Messages
97
Gender
Male
HSC
2002
Differences depend somewhat on the organisation especially if they are large and highly profitable. Mac Bank for eg. value exceptional IT framework in their company as it is required for their operations. They pay very well but the gruelling hours you work for them means that on a hourly basis you are no better off. It's good if you don't mind a hard slog.
 

turtleface

Member
Joined
Apr 12, 2006
Messages
932
Gender
Undisclosed
HSC
2004
Macquarie Bank has very low salaries compared to other investment banks, a lot of the execs are paid in share options, not cash.

A grad in Ibanking at Macquarie gets maybe 80-85K base. (+bonus)

Some U.S. Banks here offer about 120K base. (+bonus)

dont worry too much about grad salaries, its what u get in 5, 10 years that counts.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top