US New Graduate Pay and Student Hiring Rates Survey

Data to attract your workforce of the future

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Whether it’s hiring new graduates or bringing on undergraduate students for internships and co-ops, recruitment and retention can be challenging in today’s tight labor market. To gain the upper-hand, you need in-depth insights on how to competitively compensate the next wave of talent entering the workforce.

Make strategic HR decisions, with regards to young talent, using the US New Graduate Pay and Student Hiring Rates Survey. Get your starting pay right, with compensation data across nine degree types and 15 discipline types. Gain valuable insights into the top recruitment and compensation trends with data from 136 organizations from across the country. Evaluate your talent strategy by comparing:

  • Annual starting salaries for new graduates
  • Hourly rates for co-op students
  • Hourly rates for summer interns
  • Tuition reimbursement or assistance for co-op students and summer interns
Do you have the data necessary to better position your workforce for the future?
  • Overview
  • Product Details
  • Pricing / Buy Now
  • Survey Schedule
  • Participating Companies
  • 2019 Participation


The average college graduate salary and internship pay rates collected in this survey are applicable to new graduate and student hires over the last 12 months. Survey results are delivered in a published PDF format to your account under “My Downloads.”

Salary Survey Methodology

Mercer’s salary surveys are designed using the most accurate and up-to-date HR metrics and market data practices. Data is collected from HR professionals at participating organizations. It is then analyzed for validity, thoroughness, and market representation based on the organization´s size, structure, geographic region, or any combination of these factors. A minimum number of incumbents, organizations, and distinct organizations are required in order to report each Mercer data element. If minimums are not met, the market data is suppressed, ensuring that you always receive the highest level of data confidentiality.

Product Details

Survey Statistics

  • # Organizations: 136

Based on data from the 2019 US New Graduate Pay and Student Hiring Rates Survey

Data Collected

  • Annual starting salaries for new graduates
  • Hourly rates for co-op students
  • Hourly rates for summer interns
  • Tuition reimbursement or assistance for co-op students and summer interns

Data Analyzed

Types of Degrees

  • Bachelor of Arts (BA)
  • Bachelor of Business Administration (BBA)/Bachelor in Commerce (BCom)
  • Bachelor of Engineering (BEng/BSc Eng)
  • Bachelor of Science (BS/BSc)
  • Community College Diploma/Associates Degree
  • Doctor of Philosophy (PhD)
  • Master of Arts (MA)
  • Master of Business Administration (MBA)
  • Master of Science (MSc)


  • North Central
  • Northeast
  • South Central
  • Southeast
  • West Coast


  • Accounting
  • Agriculture
  • Biology
  • Business/Finance
  • Computer Science
  • Engineering
  • Human Resources
  • Humanities and Social Sciences
  • Information Technology
  • Law
  • Life Sciences
  • Marketing
  • Mathematics/Statistics
  • Pharmacy
  • Physics

Position Families Analyzed

  • Co-op students
  • New graduates
  • Summer interns


Product Participant Non-Participant
2019 US New Graduate Pay and Student Hiring Rates Survey USD 595 USD 1,785

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US New Graduate Pay and Student Hiring Rates Survey

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Please note:

  • Additional users may be added during checkout for USD 200 each per module/survey.
  • Individuals or companies using Mercer data for consulting services or commercial purposes are subject to different rates. Please call for more information.
  • 2019 results now available.

Survey Schedule

  • Participation Opens: April 30
  • Participation Deadline: June 14
  • Report Available: August

Participating Companies

  • Adventist Health System
  • Air Liquide
  • Alliant Energy
  • Amadeus North America
  • American Axle Manufacturing
  • American International Group
  • AmerisourceBergen
  • Amgen
  • Amica Mutual Insurance Company
  • Anchor Glass Container Corporation
  • Arizona Public Service
  • Arkema
  • Armstrong World Industries
  • Badger Meter
  • Bechtel
  • Belk
  • Blue Cross Blue Shield of North Dakota
  • Blue Diamond Growers
  • BlueCross BlueShield Association
  • BMW Manufacturing Co.
  • Brooks Automation
  • Brown and Caldwell
  • C&J Energy Services
  • CarMax
  • CenterPoint Energy
  • Central Arizona Project
  • CFA Institute
  • Charah Solutions
  • Chubb Limited
  • Church Pension Group Services
  • Cohesity
  • Covance
  • Covestro
  • Crowe
  • CSL Behring
  • CTB
  • Eagle Mine
  • Eisai
  • Elbit Systems of America
  • Elliott Company
  • ENGIE North America
  • Entegris
  • Evonik
  • Exelon
  • Experian Americas
  • Fanatics Retail Group
  • Federal Reserve Bank of St. Louis
  • Fidelity National Information Services
  • First Data
  • First United Bank and Trust
  • Flextronics
  • Forest City Trading Group
  • Franciscan Alliance
  • Fresenius Kabi USA
  • Froedtert Health
  • GE Appliances, a Haier Company
  • General Motors Company - General Motors Financial Company
  • GNY Insurance Companies
  • Greenheck Fan
  • Halliburton
  • Hamilton Beach Brands
  • Hatch
  • Hitachi Vantara
  • Husky Energy
  • Ingram Barge Company
  • Inmar
  • J.B. Hunt Transport Services
  • Johnson & Johnson
  • Kia Motors America
  • Kohl's
  • Lennox International
  • Lifetime Healthcare Companies - Excellus BlueCross BlueShield
  • Lincoln Electric Holdings
  • Logitech
  • Lube-Tech
  • Madison Square Garden Company
  • Magna International of America
  • Manulife/John Hancock
  • Marcum
  • Marriott International
  • Massachusetts Institute of Technology - MIT Lincoln Laboratory
  • Matrix Service Company
  • Meggitt Defense Systems
  • Memorial Sloan Kettering Cancer Center
  • Merck & Co.
  • Motiva Enterprises
  • NCCI Holdings
  • NCR
  • Nestle USA
  • Owens-Illinois
  • PepsiCo
  • Pernod Ricard USA
  • Philadelphia Insurance Companies
  • Podium
  • Privilege Underwriters
  • ProAssurance
  • Rackspace US
  • Reckitt Benckiser
  • Regeneron Pharmaceuticals
  • Regions Financial
  • Ridgewood Savings Bank
  • Robinhood Markets
  • Rocket Software
  • RTI International
  • Sanford Health
  • Shure
  • Siemens
  • Smiths Medical
  • Sonepar - Vallen Distribution
  • Southwest Research Institute
  • Spirax Sarco, US
  • Spire
  • Square
  • SRS Distribution
  • Stantec
  • Sun Life Financial U.S.
  • Surmodics
  • Takeda Pharmaceuticals U.S.A.
  • The Boeing Company
  • The Coca-Cola Company
  • The Doe Run Company
  • The Estee Lauder Companies
  • The Goodyear Tire and Rubber Company
  • The Greenbrier Companies
  • The MathWorks
  • The University of Chicago Medicine
  • Toyota Motors North America
  • United Continental Holdings
  • US-Tetra Pak
  • Valero Energy
  • Veolia North America
  • Verizon Communications
  • Virginia Department of Transportation
  • WellStar Health System
  • West Bend Mutual Insurance Company
  • 2019 Participation

    2019 Survey Participation is now closed. Survey participation is open to all organizations with matching jobs and is not required to purchase results. As a survey participant, you do receive key benefits:

    • A discount on survey results!
    • An exclusive invitation to survey events - attend results webcasts and meetings where Mercer consultants will review the results and identify market trends and factors. You'll also be able to ask questions directly related to your organization.
    • Ensure your data is included in the market results - easily determine your market position with customized reports that compare your company data to your peers.
    • IsOrderingSetYes
    • Ordering TypeSingleLevelMultiSelection
    • RegionUS
    • Sub TitleData to attract your workforce of the future
    • Short DescriptionStarting salaries for new graduate hires, co-op students, and interns.