Results indicate that chemists who graduated between July 2004 and June 2005 and had full-time jobs by early October had higher salaries than did those who graduated and found employment one year earlier. In current dollars, the median salary of inexperienced bachelor's graduates increased from $32,500 for the 2004 class to $35,000 for 2005 graduates. The gain for master's graduates was from $43,600 to $45,000, and for new Ph.D.s, from $65,000 to $72,400. Inexperienced graduates are those with fewer than 12 months of technical work experience prior to graduation. When inflation is taken into account, however, the median starting salaries for 2005 graduates at all degree levels were still below what they had been for 2000 graduates.
by Michael Heylin |
August 07, 2006