HRreview Header

Management consulting tops graduate earning potential

-

New research has suggested that management consultancy offers the biggest reward for graduates, it has been claimed.

The Tesco study looked at the total earning potential of the UK’s workforce by the age of 25 and revealed that management consulting proved the most lucrative, offering graduates the ability to earn £155,000 by the time they turned 25.

The figures may provide plenty of motivation for those looking for a career to head towards the management consulting arena, but the survey also found that the retail sector could also deliver plenty of earnings potential to graduates.

People heading into retail could earn a total of £140,000 by the age of 25, the study said, provided they receive the training and development required.

Tesco welcomed the findings of its survey, with the retail sector performing so favourably.

"We pride ourselves on providing competitive starting salaries and a fast-track programme that allows our graduates to move up the career ladder at a great pace," said Hayley Tatum, UK operations personnel director at Tesco.

"Our graduate schemes are renowned for providing our graduates with a high level of involvement and responsibility from day one," she added.

Meanwhile, a growing number of young people are being urged to consider moving into apprenticeships.

The government has unveiled a new bill that it hopes will encourage more young people to enter into apprenticeships if they choose not to go to university, so that they can get the training and development they need to get a job.

Latest news

James Rowell: The human side of expenses – what employee behaviour reveals about modern work

If you want to understand how your people really work, look at their expenses. Not just the total sums, but the patterns.

Skills overhaul needed as 40% of job capabilities set to change by 2030

Forecasts suggest 40 percent of workplace skills could change by 2030, prompting calls for UK employers to prioritise adaptability.

Noisy and stuffy offices linked to lost productivity and retention concerns

UK employers are losing more than 330 million working hours each year due to office noise, poor air quality and inadequate workplace conditions.

Turning Workforce Data into Real Insight: A practical session for HR leaders

HR teams are being asked to deliver greater impact with fewer resources. This practical session is designed to help you move beyond instinct and start using workforce data to make faster, smarter decisions that drive real business results.
- Advertisement -

Bethany Cann of Specsavers

A working day balancing early talent strategy, university partnerships and family life at the international opticians retailer.

Workplace silence leaving staff afraid to raise mistakes

Almost half of UK workers feel unable to raise concerns or mistakes at work, with new research warning that workplace silence is damaging productivity.

Must read

Nikolaz Foucaud: Making UK AI ambitions reality – becoming a leader in emerging technology skills

There is a huge emphasis on retraining and recalibrating business priorities around AI skills - and learners are responding accordingly.

Jonathan Amponsah: How can HR make Christmas Tax Deductible

Jonathan Amponsah, award winning tax adviser, crunches the christmas numbers for a tax-deductible Christmas.
- Advertisement -

You might also likeRELATED
Recommended to you