Zarah ChoudharyFinance and insurance has been named the highest-paid industry to enter after leaving university, with average weekly earnings of £1,361.
Teachers To Your Home analysed July 2024 data from the Office for National Statistics (ONS) relating to average weekly earnings for various industries.
The second highest paid industry was mining and quarrying, with average weekly earnings of £1,288.
The third highest paid industry was information and communication, earning a weekly average of £1,161.
Professional, scientific and technical activities was the fourth highest-paid industry, with average weekly earnings of £1,017.
Taking the fifth place was manufacturing – chemicals and man-made fibres, which reports average weekly earnings of £989.
Electricity, gas and water supply roles earned an average of £888 a week, ranking this as the sixth highest-paid industry to enter after leaving university.
In seventh place was manufacturing – engineering and allied industries, with average weekly earnings of £841.
Construction was eighth, with average weekly earnings of £777, which ninth was wholesale trade, with reported average weekly earnings of £759.
Manufacturing – basic metals and metal products was tenth, with average weekly earnings of £748.
On the other end of the scale, accommodation and food service activities was the lowest-paid industry in the UK, with average weekly earnings of only £329.
Gillian Dixon, CEO of Teachers To Your Home, said: “Choosing an industry to work in after leaving university can be a daunting task, and many do not know where to start when comparing different sectors.
“One factor that remains at the front of our minds is pay, especially with the rising costs of living in the UK, so it is an important consideration.
“We are fortunate in the UK to have such a wide range of career paths and industries available for our university graduates that have a high average weekly pay to combat the financial worries that our younger generations are developing.”
