What is the average graduate salary UK 2026? This guide covers starting salaries across major industries, how much you can expect in your first job, and which sectors pay the most. Data comes from HESA, High Fliers Research, and the Department for Education.
Average Graduate Salary UK 2026
The average graduate starting salary at top UK employers is around £35,000 according to High Fliers Research. This is up 16.7% since 2021. However, the overall median graduate salary across all jobs is lower — around £28,000-£30,000 for first-time roles.
Graduate Salary by Sector
Here is how starting salaries break down by sector:
- Investment banking: £55,000-£60,000
- Law (city firms): £45,000-£50,000
- Consulting: £35,000-£45,000
- Technology: £30,000-£40,000
- Engineering: £28,000-£35,000
- Accounting: £25,000-£30,000
- Marketing: £23,000-£28,000
- Retail management: £22,000-£27,000
- Public sector: £22,000-£26,000
Postgraduate Salary Premium
If you are deciding whether to continue your studies, our master's degree or job UK 2026 guide compares the costs and benefits of postgraduate study versus starting work.
Salary Negotiation Tips
Your first salary is not fixed. Many employers expect you to negotiate. Read our graduate salary negotiation guide for email scripts and tips that work.
How Location Affects Salary
London pays 15-25% more than the rest of the UK for graduate roles. But the cost of living is much higher. A £35,000 salary in London is roughly equal to £28,000 in Manchester or Birmingham after rent and travel costs. Consider this when applying for jobs.
How Padgrad Can Help
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