James Purser wrote:
On Sun, 2006-02-19 at 17:32 +1100, O Plameras wrote:
The point here is $25,000 for graduates as initial salary offer is low.
A year-12 high school graduate begins at that salary level.
Certainly, a Uni graduate is worth more than that.
O Plameras
Economics 101: A Graduate is only worth as much as someone is willing to
pay them.
Yes, we use economic indicators to decide on prices. We decide to buy
stocks based on
economic indicators.
Yes, we decide to employ people and how much to pay for their salary
based on some
indicators, like Age, Experience, Academic Qualifications, and others.
Between a year-12 and a Uni graduate you'd have to pay more for a Uni
graduate.
It depends on the skill set and experience they bring with them. A
graduate who is only bringing their degree with them is going to get
paid less than a graduate who can bring a couple of years worth of real
world experience.
Yes this is true.
I can quite easily see a uni grad with only a degree getting $25,000 a
year. For many it would be their first real job, and for most, they are
not going to get jobs in pure IT companies, instead they will be in
industries as varied as Television Broadcasting through to Mining.
You'd be surprise to know that large IT companies go around Universities
each year trying
to woo new graduates.
O Plameras
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