The average starting salary for Communications Degree grads from the Class of 2014 has increased to $48,253, states the National Association of Colleges and Employers (NACE) September 2014 Salary Survey. Compared to salary data from the previous year, this is an increase of 10.1%.
Class of 2014 Starting Salaries
Some of the key points from the September 2014 NACE Salary Survey include:
- The average starting salary for all 2014 College graduates is $48,707. This is a 7.5% increase from the Class of 2013 average starting salary, which was $45,327.
- Among the statistics and information the NACE report provides is “average salaries by discipline” which consists of seven broad categories of degrees: communications, business, computer science, education, engineering, humanities & social sciences, and math & sciences.
- Engineering 2014 college graduates have the highest average starting salary with $62,891. They are followed closely behind by computer science grads ($62,103). The remaining salaries, from highest to lowest, are business ($57,229), communications ($48,253), math & sciences ($44,299), education ($40,267) and humanities & social sciences ($38,049).
- The 7.5% salary increase from last year for all 2014 college graduates is driven largely by the salary increases of communications and computer science graduates, states the NACE.
- Communications graduates experienced the largest increase in salary from 2013 to 2014 with a 10.1% boost.
- According to the September 2014 NACE Salary Report those college graduates who specifically majored in communications (as opposed to another major that falls under the communications broad category) have an average starting salary of $52,300 this year (which represents a 17.5% jump). (Note: Previous NACE reports have characterized the Communications broad category as including such majors/degrees as advertising, journalism, public relations, communications…)
- Among the top-paying industries for “2014 bachelor’s degree graduates, regardless of major” were the natural resource extraction (i.e. mining and oil & gas), establishments that manage or hold securities of companies/enterprises, the construction, the manufacturing, and the finance & insurance sectors.
- The top-hiring industries included educational services, professional/scientific/technical services, healthcare/social assistance, government (federal, state and local, OES designation) and finance & insurance.
What’s exciting is that practically every sector or industry has a demand for communications professionals, from media or public relations and brand messaging to fundraising and training personnel in communications.
To learn more about the range of intriguing career options for communications majors visit: http://www.journalismdegree.com/communications-careers/