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2018 NEW GRADUATE STARTING SALARIESDIPLOMA/ ASSOCIATE'S DEGREE BACHELOR OF SCIENCE (BS/ BSC)...

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NEW GRADUATE STARTING SALARIES 2018 SAMPLE A GLOBAL SUMMARY OF NEW GRADUATE PAY SAMPLE
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Page 1: 2018 NEW GRADUATE STARTING SALARIESDIPLOMA/ ASSOCIATE'S DEGREE BACHELOR OF SCIENCE (BS/ BSC) BACHELOR OF ARTS (BA) BACHELOR OF ENGINEERING (BENG) BACHELOR OF BUSINESS …

NEW GRADUATE STARTING SALARIES

2018

SAMPLEA GLOBAL SUMMARY OF NEW GRADUATE PAY

SAMPLE

Page 2: 2018 NEW GRADUATE STARTING SALARIESDIPLOMA/ ASSOCIATE'S DEGREE BACHELOR OF SCIENCE (BS/ BSC) BACHELOR OF ARTS (BA) BACHELOR OF ENGINEERING (BENG) BACHELOR OF BUSINESS …

TABL

E O

F C

ON

TEN

TS

3 MERCER INSIGHTS' GLOBAL PUBLICATIONS

5 INTRODUCTION 5 Report Structure

6 SUMMARY OF KEY FINDINGS7 Asia Pacific

8 Europe

10 Middle East and Africa

12 North America

14 ASIA PACIFIC 15 University Graduate Starting Salaries, 2017

19 EUROPE 20 University Graduate Starting Salaries, 2017

22 MIDDLE EAST, AND AFRICA 23 University Graduate Starting Salaries, 2017

24 NORTH AMERICA

25 University Graduate Starting Salaries, 2017

26 ABOUT THIS REPORT27 Methodology

33 Glossary

36 ABOUT MERCER

SAMPLE

Page 3: 2018 NEW GRADUATE STARTING SALARIESDIPLOMA/ ASSOCIATE'S DEGREE BACHELOR OF SCIENCE (BS/ BSC) BACHELOR OF ARTS (BA) BACHELOR OF ENGINEERING (BENG) BACHELOR OF BUSINESS …

GET EVERY THING IN ONE PLACESubscribe to the Talent All Access® Portal for exclusive access to online tools and all of our publications, or schedule a demo with a Mercer representative to discuss a Mercer Select IntelligenceSM membership.

Stay ahead of today’s tight deadlines and competitive race for labor with these resources from the Mercer Insights Product Group. Covering local benefits, global compensation practices, and emerging HR policy trends, this portfolio contains all of the actionable data, insights, and guidance you need to steer your organization to success. Select a title to learn more about each of our industry-leading reports, or visit imercer.com/global for more information.

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PUBL

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SHEALTH & BENEFITS

WORKFORCE & CAREERS

HANDBOOKS & GUIDES

Car Benefit Policies Around the World

Global Parental Leave Global Parental Leave Industry Scorecard

LGBT Benefits Around The World

Global Compensation Planning Report

Global Compensation Planning Report

20 Year Look Back

Short-Term Incentives Around the World

HR Guide to Doing Business

HR Atlas Asia Pacific

HR Atlas Latin America

Worldwide Benefit & Employment Guidelines

Global Pay Summary International Geographic Salary Differentials

Workforce Turnover Around the World

Compensation Handbook

Global Mobility Handbook

HR Management Terms

Vacation and Other Leave Around the World

Vacation and Other Leave Industry Scorecard

Car Benefit Policies — Global Industry Findings

Severance Pay Policies Around the World

New Graduate Starting Salaries

SAMPLE

Page 4: 2018 NEW GRADUATE STARTING SALARIESDIPLOMA/ ASSOCIATE'S DEGREE BACHELOR OF SCIENCE (BS/ BSC) BACHELOR OF ARTS (BA) BACHELOR OF ENGINEERING (BENG) BACHELOR OF BUSINESS …

NEW GRADUATE STARTING SALARIES — SAMPLE 4© 2018 Mercer LLC.

REPORT STRUCTURE The report includes the following sections:

SUMMARY OF KEY FINDINGSThis section provides an overview of how markets compare within each region. Offering an executive summary-type synopsis, the section is optimal for anyone looking for a high level overview of new graduate pay, and other notable takeaways from the data presented in the regional sections.

REGIONAL SECTIONSEach regional section provides median starting salaries for each market in local currency and USD. The level of detail and type of information varies slightly for each region:

► Asia Pacific: Salary data are presented for nine degrees/disciplines.

► Europe: A range of salaries are provided based on the minimum, average and maximum rates paid in each market.

► Middle East and Africa: A range of salaries are provided based on the minimum, average and maximum rates paid in each market.

► North America: Salary data are presented for five degrees/disciplines.

ABOUT THIS REPORTThis section delineates the methods of data-gathering used for the report and lists the data sources used for each market, as well as key definitions.

INTRODUCTIONMercer’s New Graduate Starting Salaries provides information on the annual starting salaries for new graduate hires around the world. This new publication allows users to quickly evaluate how new graduates in different locations, with different education backgrounds, are paid. Data are presented in local currency and USD providing readers with a clear and simple comparison guide of which qualifications are in demand in each market.

SAMPLE

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ASIA

PAC

IFIC

ASIA PACIFIC

SAMPLE

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© 2018 Mercer LLC. NEW GRADUATE STARTING SALARIES — SAMPLE 6

UNIVERSITY GRADUATE STARTING SALARIES, 2017

MARKET CURRENCYBACHELORS DEGREE

ACCOUNTANCY ARTS & SOCIAL SCIENCE

BUSINESS ADMINISTRATION

COMPUTER SCIENCE

ENGINEERING — CHEMICAL

ENGINEERING — ELECTRONICS

ENGINEERING — MECHANICAL LAW SCIENCE

AUSTRALIALocal 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

BANGLADESHLocal 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–BEIJINGLocal 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–CHANGSHA

Local 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–CHANGZHOU

Local 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–CHENGDU

Local 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–CHONGQING

Local 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–DALIANLocal 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–GUANGDONG

Local 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

CHINA–HANGZHOU–NINGBO

Local 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

USD 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000

Notes: Median statistic is reported. A dash has been indicated where there are no data available.

ASIA PACIFIC

SAMPLE

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EURO

PE

EUROPE

SAMPLE

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© 2018 Mercer LLC. NEW GRADUATE STARTING SALARIES — SAMPLE 8

MARKETLOCAL CURRENCY USD

MINIMUM AVERAGE MAXIMUM MINIMUM AVERAGE MAXIMUM

ARMENIA 50,000 60,000 50,000 60,000 50,000 60,000

AUSTRIA 50,000 60,000 50,000 60,000 50,000 60,000

AZERBAIJAN 50,000 60,000 50,000 60,000 50,000 60,000

BELARUS 50,000 60,000 50,000 60,000 50,000 60,000

BELGIUM 50,000 60,000 50,000 60,000 50,000 60,000

BOSNIA AND HERZEGOVINA 50,000 60,000 50,000 60,000 50,000 60,000

BULGARIA 50,000 60,000 50,000 60,000 50,000 60,000

CROATIA 50,000 60,000 50,000 60,000 50,000 60,000

CZECH REPUBLIC 50,000 60,000 50,000 60,000 50,000 60,000

DENMARK 50,000 60,000 50,000 60,000 50,000 60,000

ESTONIA 50,000 60,000 50,000 60,000 50,000 60,000

FINLAND 50,000 60,000 50,000 60,000 50,000 60,000

FRANCE 50,000 60,000 50,000 60,000 50,000 60,000

GEORGIA 50,000 60,000 50,000 60,000 50,000 60,000

GERMANY 50,000 60,000 50,000 60,000 50,000 60,000

GREECE 50,000 60,000 50,000 60,000 50,000 60,000

HUNGARY 50,000 60,000 50,000 60,000 50,000 60,000

IRELAND 50,000 60,000 50,000 60,000 50,000 60,000

ITALY 50,000 60,000 50,000 60,000 50,000 60,000

KAZAKHSTAN 50,000 60,000 50,000 60,000 50,000 60,000

LATVIA 50,000 60,000 50,000 60,000 50,000 60,000

EUROPE

UNIVERSITY GRADUATE STARTING SALARIES, 2017

Note: The median statistic is reported for minimum, average, and maximum.SAMPLE

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NO

RTH

AM

ERIC

A

NORTH AMERICA

SAMPLE

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© 2018 Mercer LLC. NEW GRADUATE STARTING SALARIES — SAMPLE 10

MARKET

LOCAL CURRENCY USD

COMMUNITY COLLEGE DIPLOMA/

ASSOCIATE'S DEGREE

BACHELOR OF

SCIENCE (BS/ BSC)

BACHELOR OF

ARTS (BA)

BACHELOR OF

ENGINEERING (BENG)

BACHELOR OF BUSINESS

ADMINISTRATION (BBA)/BACHELOR

OF COMMERCE (BCOM)

COMMUNITY COLLEGE DIPLOMA/

ASSOCIATE'S DEGREE

BACHELOR OF

SCIENCE (BS/ BSC)

BACHELOR OF

ARTS (BA)

BACHELOR OF ENGINEERING

(BENG)

BACHELOR OF BUSINESS

ADMINISTRATION (BBA)/BACHELOR

OF COMMERCE (BCOM)

CANADA 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000

UNITED STATES 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000 50,000 60,000

NORTH AMERICA

UNIVERSITY GRADUATE STARTING SALARIES, 2017

Note: Median statistic is reported and refer to typical annual base salary.

SAMPLE

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ABO

UT T

HIS

REPO

RT

ABOUT THIS REPORT

SAMPLE

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© 2018 Mercer LLC. 1212NEW GRADUATE STARTING SALARIES — SAMPLE

MARKET DATA SOURCE CURRENCY CONVERSION

ASIA PACIFIC SOURCE N= CODE USD1= EUR1=

AUSTRALIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 53 AUD 1.28 1.51

BANGLADESH MERCER'S TOTAL REMUNERATION SURVEY, 2017 37 BDT 82.23 96.65

CHINA–BEIJING MERCER'S TOTAL REMUNERATION SURVEY, 2017 381 CNY 6.63 7.79

CHINA–CHANGSHA MERCER'S TOTAL REMUNERATION SURVEY, 2017 90 CNY 6.63 7.79

CHINA–CHANGZHOU MERCER'S TOTAL REMUNERATION SURVEY, 2017 47 CNY 6.63 7.79

CHINA–CHENGDU MERCER'S TOTAL REMUNERATION SURVEY, 2017 93 CNY 6.63 7.79

CHINA–CHONGQING MERCER'S TOTAL REMUNERATION SURVEY, 2017 72 CNY 6.63 7.79

CHINA–DALIAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 111 CNY 6.63 7.79

CHINA–GUANGDONG MERCER'S TOTAL REMUNERATION SURVEY, 2017 304 CNY 6.63 7.79

CHINA–HANGZHOU–NINGBO MERCER'S TOTAL REMUNERATION SURVEY, 2017 98 CNY 6.63 7.79

CHINA–HEFEI–WUHU MERCER'S TOTAL REMUNERATION SURVEY, 2017 71 CNY 6.63 7.79

CHINA–JINGJINJI MERCER'S TOTAL REMUNERATION SURVEY, 2017 94 CNY 6.63 7.79

CHINA–NANJING MERCER'S TOTAL REMUNERATION SURVEY, 2017 109 CNY 6.63 7.79

CHINA–QINGDAO MERCER'S TOTAL REMUNERATION SURVEY, 2017 74 CNY 6.63 7.79

CHINA–SHANGHAI MERCER'S TOTAL REMUNERATION SURVEY, 2017 494 CNY 6.63 7.79

CHINA–SHENYANG–CHANGCHUN MERCER'S TOTAL REMUNERATION SURVEY, 2017 96 CNY 6.63 7.79

CHINA–SUZHOU MERCER'S TOTAL REMUNERATION SURVEY, 2017 144 CNY 6.63 7.79

Notes: Currency conversion rates as of November 6, 2017.

DATA SOURCE AND CURRENCY CONVERSION RATES

ABOUT THIS REPORTThis section provides information on the methods of collecting, collating, and analysing data for this publication. Readers will also find a glossary of key terms. Below is a list of data sources and currency conversions rates.

METHODOLOGY

SAMPLE

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© 2018 Mercer LLC. 1313NEW GRADUATE STARTING SALARIES — SAMPLE

DATA SOURCE AND CURRENCY CONVERSION RATES

ABOUT THIS REPORT

MARKET DATA SOURCE CURRENCY CONVERSION

ASIA PACIFIC SOURCE N= CODE USD1= EUR1=

CHINA–TIANJIN MERCER'S TOTAL REMUNERATION SURVEY, 2017 93 CNY 6.63 7.79

CHINA–WUHAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 135 CNY 6.63 7.79

CHINA–WUXI MERCER'S TOTAL REMUNERATION SURVEY, 2017 85 CNY 6.63 7.79

CHINA–XIAMEN–FUZHOU MERCER'S TOTAL REMUNERATION SURVEY, 2017 82 CNY 6.63 7.79

CHINA–XI'AN MERCER'S TOTAL REMUNERATION SURVEY, 2017 174 CNY 6.63 7.79

HONG KONG MERCER'S TOTAL REMUNERATION SURVEY, 2017 52 HKD 7.81 9.17

INDIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 241 INR 65.15 76.57

INDONESIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 164 IDR 13,530.41 15,902.06

JAPAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 187 JPY 112.92 132.72

MALAYSIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 195 MYR 4.23 4.98

MYANMAR MERCER'S TOTAL REMUNERATION SURVEY, 2017 12 MMK 1,361.49 1,600.14

NEW ZEALAND MERCER'S TOTAL REMUNERATION SURVEY, 2017 18 NZD 1.42 1.67

PAKISTAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 77 PKR 105.36 123.83

PHILIPPINES MERCER'S TOTAL REMUNERATION SURVEY, 2017 100 PHP 51.39 60.40

SINGAPORE MERCER'S TOTAL REMUNERATION SURVEY, 2017 202 SGD 1.36 1.60

SOUTH KOREA MERCER'S TOTAL REMUNERATION SURVEY, 2017 167 KRW 1,133.55 1,332.25

SRI LANKA MERCER'S TOTAL REMUNERATION SURVEY, 2017 10 LKR 153.60 180.52

TAIWAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 53 TWD 30.26 35.57

THAILAND MERCER'S TOTAL REMUNERATION SURVEY, 2017 148 THB 33.24 39.07

VIETNAM MERCER'S TOTAL REMUNERATION SURVEY, 2017 173 VND 22,733.16 26,717.89

Notes: Currency conversion rates as of November 6, 2017.SAMPLE

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© 2018 Mercer LLC. 1414NEW GRADUATE STARTING SALARIES — SAMPLE

MARKET DATA SOURCE CURRENCY CONVERSION

EUROPE SOURCE N= CODE USD1= EUR1=

ARMENIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 6 AMD 480.66 564.92

AUSTRIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 59 EUR 0.85 1.00

AZERBAIJAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 7 AZN 1.70 1.99

BELARUS MERCER'S TOTAL REMUNERATION SURVEY, 2017 11 BYN 1.96 2.31

BELGIUM MERCER'S TOTAL REMUNERATION SURVEY, 2017 53 EUR 0.85 1.00

BOSNIA AND HERZEGOVINA MERCER'S TOTAL REMUNERATION SURVEY, 2017 8 BAM 1.66 1.96

BULGARIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 55 BGN 1.66 1.96

CROATIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 19 HRK 6.39 7.51

CZECH REPUBLIC MERCER'S TOTAL REMUNERATION SURVEY, 2017 81 CZK 21.93 25.77

DENMARK MERCER'S TOTAL REMUNERATION SURVEY, 2017 86 DKK 6.33 7.44

ESTONIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 27 EUR 0.85 1.00

FINLAND MERCER'S TOTAL REMUNERATION SURVEY, 2017 52 EUR 0.85 1.00

FRANCE MERCER'S TOTAL REMUNERATION SURVEY, 2017 66 EUR 0.85 1.00

GEORGIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 14 GEL 2.50 2.94

GERMANY MERCER'S TOTAL REMUNERATION SURVEY, 2017 128 EUR 0.85 1.00

GREECE MERCER'S TOTAL REMUNERATION SURVEY, 2017 55 EUR 0.85 1.00

HUNGARY MERCER'S TOTAL REMUNERATION SURVEY, 2017 56 HUF 263.74 309.97

IRELAND MERCER'S TOTAL REMUNERATION SURVEY, 2017 39 EUR 0.85 1.00

ITALY MERCER'S TOTAL REMUNERATION SURVEY, 2017 40 EUR 0.85 1.00

KAZAKHSTAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 44 KZT 337.30 396.43

LATVIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 86 EUR 0.85 1.00

LITHUANIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 35 EUR 0.85 1.00

DATA SOURCE AND CURRENCY CONVERSION RATES

ABOUT THIS REPORT

Notes: Currency conversion rates as of November 6, 2017.SAMPLE

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© 2018 Mercer LLC. 1515NEW GRADUATE STARTING SALARIES — SAMPLE

DATA SOURCE AND CURRENCY CONVERSION RATES

ABOUT THIS REPORT

MARKET DATA SOURCE CURRENCY CONVERSION

EUROPE SOURCE N= CODE USD1= EUR1=

MACEDONIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 9 MKD 52.39 61.57

MOLDOVA MERCER'S TOTAL REMUNERATION SURVEY, 2017 6 MDL 17.42 20.47

NETHERLANDS MERCER'S TOTAL REMUNERATION SURVEY, 2017 37 EUR 0.85 1.00

NORWAY MERCER'S TOTAL REMUNERATION SURVEY, 2017 41 NOK 8.00 9.40

POLAND MERCER'S TOTAL REMUNERATION SURVEY, 2017 123 PLN 3.63 4.27

PORTUGAL MERCER'S TOTAL REMUNERATION SURVEY, 2017 101 EUR 0.85 1.00

ROMANIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 67 RON 3.91 4.59

RUSSIA–MOSCOW MERCER'S TOTAL REMUNERATION SURVEY, 2017 97 RUB 57.72 67.84

RUSSIA–ST. PETERSBURG MERCER'S TOTAL REMUNERATION SURVEY, 2017 60 RUB 57.72 67.84

SERBIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 46 RSD 101.45 119.24

SLOVAKIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 46 EUR 0.85 1.00

SLOVENIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 20 EUR 0.85 1.00

SPAIN MERCER'S TOTAL REMUNERATION SURVEY, 2017 127 EUR 0.85 1.00

SWEDEN MERCER'S TOTAL REMUNERATION SURVEY, 2017 87 SEK 8.18 9.61

SWITZERLAND MERCER'S TOTAL REMUNERATION SURVEY, 2017 91 CHF 0.98 1.15

TURKEY MERCER'S TOTAL REMUNERATION SURVEY, 2017 100 TRY 3.68 4.32

UKRAINE MERCER'S TOTAL REMUNERATION SURVEY, 2017 45 UAH 26.66 31.33

UNITED KINGDOM MERCER'S TOTAL REMUNERATION SURVEY, 2017 164 GBP 0.76 0.89

UZBEKISTAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 8 UZS 8,063.65 9,477.07

Notes: Currency conversion rates as of November 6, 2017.SAMPLE

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© 2018 Mercer LLC. 1616NEW GRADUATE STARTING SALARIES — SAMPLE

MARKET DATA SOURCE CURRENCY CONVERSION

MIDDLE EAST AND AFRICA SOURCE N= CODE USD1= EUR1=

ALGERIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 22 DZD 114.07 134.07

BAHRAIN MERCER'S TOTAL REMUNERATION SURVEY, 2017 11 BHD 0.38 0.44

EGYPT MERCER'S TOTAL REMUNERATION SURVEY, 2017 48 EGP 17.65 20.74

IRAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 14 IRR 33,713.86 39,623.32

JORDAN MERCER'S TOTAL REMUNERATION SURVEY, 2017 13 JOD 0.71 0.83

KUWAIT MERCER'S TOTAL REMUNERATION SURVEY, 2017 12 KWD 0.30 0.36

LEBANON MERCER'S TOTAL REMUNERATION SURVEY, 2017 12 LBP 1,511.94 1,776.96

MOROCCO MERCER'S TOTAL REMUNERATION SURVEY, 2017 36 MAD 9.45 11.10

QATAR MERCER'S TOTAL REMUNERATION SURVEY, 2017 19 QAR 3.71 4.36

SAUDI ARABIA MERCER'S TOTAL REMUNERATION SURVEY, 2017 57 SAR 3.75 4.41

SOUTH AFRICA MERCER'S TOTAL REMUNERATION SURVEY, 2017 31 ZAR 13.69 16.09

UNITED ARAB EMIRATES MERCER'S TOTAL REMUNERATION SURVEY, 2017 70 AED 3.67 4.32

DATA SOURCE AND CURRENCY CONVERSION RATES

ABOUT THIS REPORT

Notes: Currency conversion rates as of November 6, 2017.

SAMPLE

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© 2018 Mercer LLC. 1717NEW GRADUATE STARTING SALARIES — SAMPLE

MARKET DATA SOURCE CURRENCY CONVERSION

NORTH AMERICA SOURCE N= CODE USD1= EUR1=

CANADA NEW GRADUATE PAY AND STUDENT HIRING RATES CANADA REPORT, 2017 81 CAD 1.26 1.48

UNITED STATES NEW GRADUATE PAY AND STUDENT HIRING RATES US REPORT, 2017 160 USD 1.00 1.18

DATA SOURCE AND CURRENCY CONVERSION RATES

Notes: Currency conversion rates as of November 6, 2017.

ABOUT THIS REPORT

SAMPLE

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ABOUT THIS REPORT

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18© 2018 Mercer LLC. 18NEW GRADUATE STARTING SALARIES — SAMPLE

MERCER’S TOTAL REMUNERATION SURVEYS (TRS) Mercer conducts TRS in more than 100 countries. Each TRS includes data for a set of core benchmark positions and, in many markets, industry-specific positions such as consumer goods, pharmaceuticals, and high-technology. Mercer’s TRS allows access to market data for pay and benefits, as well as the ability to generate statistics tailored to an organization’s needs via Mercer’s online delivery tool, Mercer WIN®.

MERCER’S INTERNATIONAL POSITION EVALUATION ( IPE) SYSTEMMercer surveys around the world are based on the International Position Evaluation (IPE) system. IPE relies on evaluating positions, not the employees holding those positions — because the qualifications and performance of incumbents can differ from what positions actually require. Position evaluation is not just a tool for salary comparisons, but is also instrumental in recruiting, career planning, designing corporate structures, and dealing with expatriate compensation and planning.

Pay data within each country matches the core benchmark position structure, using Mercer’s IPE methodology — ensuring that position levels are consistently and accurately matched, regardless of the country or industry. The IPE focuses on four dimensions:

► Impact and contribution to business unit results

► Communication

► Innovation

► Required knowledge

Risk is an optional factor that may be used in high-risk industries or professions. Each factor is divided into degrees, which have individual weightings. The system facilitates a review of positions within a company, as well as across companies and industries.

POSITION CLASS TERMSPosition class (PC) is the Mercer level created using Mercer’s International Position Evaluation (IPE) system. Typical PCs for different employee levels are:

► Executive: PCs 57–62

► Management: PCs 52–57

► Professional: PCs 47–52

► Para-professional: PCs 42–47

SAMPLE JOB TITLESExecutive (PCs 57–62): Head of Organization, Head of Operations, Head of Legal, Head of Human Resources, Head of Communications, Head of Finance, Head of Information Technology, Head of Sales & Marketing, Head of Business Development, Head of Engineering, Head of Manufacturing Head of Supply Chain, Head of QualitySAMPLE

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ABOUT THIS REPORT

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19© 2018 Mercer LLC. 19NEW GRADUATE STARTING SALARIES — SAMPLE

Management (PCs 52–57): Compliance Manager, Human Resources Manager, Employee Relations Manager, Payroll Manager, Finance Manager, Credit & Collections Manager, Accounting Manager, Budget Manager, IT Manager, Information Security Manager, Business Development Manager, Marketing Manager, Customer Service Manager, Purchasing Manager

Professional (PCs 47–52): Public Relations Professional, Legal Counsel, Human Resources Generalist — Specialist, Human Resources, Compensation Analyst, Benefits Analyst, Accountant, Database Administrator, Marketing Analyst , Sales Representative, Channel Sales Representative, CAD Drafter, Environmental Engineer

Para-professional (PCs 42–47): Legal Assistant, Payroll Clerk, Cashier, Accounting Clerk, Executive Secretary, Secretary, Administrative Assistant, Security Guard, Receptionist, Personal Driver, Marketing Assistant, Customer Service Representative, Carpenter, Production Worker, Warehouse Clerk

MERCER’S UNIVERSAL POSITION CODE SYSTEM® (MUPCS)Mercer’s MUPCS framework is a sophisticated, flexible position coding system used globally in Mercer TRS. Designed to reflect accurately how a company’s structure works around job families and career levels/progressions, the MUPCS framework is a robust methodology that allows consistent benchmark coding when analyzing pay across borders. The “smart” aspect of MUPCS (for example, families, subfamilies, career streams, and levels) lets users analyze remuneration trends and relationships beyond the traditional one-dimensional perspective of “jobs.”

SAMPLE

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© 2018 Mercer LLC. 20NEW GRADUATE STARTING SALARIES — SAMPLE

Mercer Select IntelligenceSM is a global membership platform, offering HR and business professionals digital and in-person access to cutting-edge research, analysis, productivity tools, best practices, on-demand expertise, and peer networks. When it’s time to shape policy and make critical people-strategy decisions, Mercer Select Intelligence will keep you ahead of the curve with actionable insights into the latest HR news and key issues, including legislative and regulatory initiatives, local and global economic indicators, and emerging trends. As your trusted resource in a rapidly changing business environment, the Mercer Select Intelligence membership will continually evolve to deliver the human capital insights that you need to succeed. Visit select.mercer.com to learn more.

SAMPLE

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21© 2018 Mercer LLC.

ABOUT MERCER At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating more secure and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, assuring income for retirement, or aligning workers with workforce needs. Using analysis and insights as catalysts for change, we anticipate and understand the individual impact of business decisions, now and in the future. We see people’s current and future needs through a lens of innovation, and our holistic view, specialized expertise, and deep analytical rigor underpin each and every idea and solution we offer. For more than 70 years, we’ve turned our insights into actions, enabling people around the globe to live, work, and retire well. At Mercer, we say we Make Tomorrow, Today.

Mercer LLC and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC) listed on the New York, Chicago, and London stock exchanges.

NEW GRADUATE STARTING SALARIES — SAMPLESAMPLE

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Copyright 2018 Mercer LLC. All rights reserved.

For further information, please contact your local Mercer office or visit our website at www.imercer.com

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