HR & Management
UK ranks sixth when it comes to graduate employment
1 min read
24 November 2014
A 'Graduate Employment Around the World' study revealed that the UK fell short of the top five countries for graduate employment.
Australia came out top of the list, five places ahead of the UK.
The study, from Marbella International University Centre (MIUC), saw countries ranked on eight criteria relating to employment and quality of life, including factors such as minimum wage, working hours and annual salary.
In total, 17 countries were chosen based on their appeal to workers and availability of data. An average score was then determined to establish the best countries in the world for graduates seeking work.
A high hourly minimum wage and employment rate were responsible for Australia’s strong score in the overall rankings. The country’s minimum wage is $15.87 per hour, compared to the UK’s £6.50.
Spain enjoyed the highest wages for business in Europe with an average of $81,196 annual salary. Globally, Spain came third below the United States and Japan.
MIUC have compiled the research into an interactive tool, which can be used to explore the data more easily.
Mónica Moso, PhD, sustainability science professor at MIUC, said: “There are a lot of other factors to take into consideration when choosing where to work – including visa requirements and cost of living – but we hope this acts as a starting point for planning future careers.”
The top ten countries for graduate employment
- United States
- United Kingdom