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 155 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?
Survey Details at a Glance
  • 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: 155

Based on data from the 2018 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
2018 US New Graduate Pay and Student Hiring Rates Survey USD 600 USD 1,800

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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.
  • 2018 results now available for purchase.

Survey Schedule

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

Participating Companies

  • A123 Systems LLC
  • Accenture, Inc.
  • Adventist Health System
  • Allegiant Travel Company
  • Amgen, Inc.
  • Amica Mutual Insurance Company
  • AMN Healthcare
  • Anchor Glass Container Corporation
  • Armstrong World Industries, Inc.
  • Associated Wholesale Grocers
  • Atrius Health, Inc.
  • Banco Santanader International
  • Bayer Corporation
  • Belk, Inc.
  • Bessemer Trust
  • Blue Diamond Growers, Inc.
  • BMW of North America, LLC
  • BMW Manufacturing Co., LLC
  • Bobrick Washroom Equipment
  • Braskem America
  • C&J Energy Services, Inc.
  • CareFirst BlueCross BlueShield
  •, Inc
  • CATL
  • CDM Smith, Inc.
  • CenterPoint Energy, Inc.
  • CenturyLink, Inc.
  • Charleston Area Medical Center
  • Chemours Co.
  • Cheniere Energy Inc
  • Children's Hospital Los Angeles
  • Chubb Limited
  • Cincinnati Children's Hospital Medical Center
  • Cisco
  • Royal Bank of Canada - City National Bank
  • CohnReznick, LLP
  • Covestro, LLC
  • Crawford and Company
  • Crowe Horwath, LLP
  • Daimler Trucks North America, LLC
  • Digi-Key Electronics
  • Dimensional Fund Advisors, L.P.
  • Duff & Phelps Corporation
  • Elliott Davis
  • Erickson Living
  • Evonik Corporation
  • Ingevity Corporation
  • Institute for Defense Analyses
  • Isagenix International, LLC
  • ITC Holdings Corp.
  • J.B. Hunt Transport Services
  • Jet Propulsion Laboratory
  • Johnson Controls, Inc.
  • Kiewit Corporation
  • Kohl's Corporation
  • Kulicke and Soffa
  • Lennox International, Inc.
  • Leprino Foods Company
  • Lincoln Electric Holdings
  • Manhattan Associates
  • Marcum LLP
  • Mathworks, Inc.
  • Meggitt
  • Memorial Sloan Kettering Cancer Center
  • Meritage Homes Corporation
  • MidMichigan Health
  • Mindtree
  • Mylan, Inc.
  • National Futures Association
  • NCR Corporation
  • Nestle USA, Inc.
  • New Relic Inc.
  • Navy Exchange Service Command (NEXCOM)
  • Niagara Bottling, LLC
  • Nike, Inc.
  • NN, Inc.
  • Exelon Corporation
  • Exotic Metals Forming Company, LLC
  • Experian Americas
  • F5 Networks, Inc
  • Fanatics, Inc.
  • Farmers Insurance Group
  • Fidelity National Information Services Inc.
  • FMC Corporation
  • Franciscan Alliance
  • Freeport-McMoRan, Inc.
  • Fresenius Kabi USA
  • Galderma Laboratories L.P.
  • GE Appliances, a Haier Company
  • Gerdau
  • Global Atlantic Financial Group
  • Great Canadian Gaming Corporation
  • Hatch Ltd.
  • Herbalife, Ltd.
  • Hitachi Consulting Corporation
  • Honeywell International, Inc. - Federal Manufacturing & Technologies
  • Humana, Inc.
  • Husky Energy, Inc.
  • Ilitch Holdings, Inc.
  • Illinois Tool Works Inc.
  • Pella Corporation
  • Pentair, Inc.
  • Pfizer, Inc.
  • PGA TOUR, Inc.
  • Philadelphia Insurance Companies
  • ProAssurance Corporation
  • PVH Corp.
  • Rabobank, N.A.
  • Raymond James Financial, Inc.
  • Regions Financial Corporation
  • Resolute Forest Products
  • Rite Aid Corporation
  • Robert Bosch, LLC
  • Rocket Software
  • Rosemount, Inc.
  • Ross Stores, Inc.
  • Siemens USA
  • Smiths Medical, Inc.
  • Sonepar USA
  • Southwest Research Institute
  • Spectrum Brands Holdings, Inc.
  • Spire, Inc.
  • Spirit AeroSystems Holdings, Inc.
  • StandardAero
  • Stantec, Inc.
  • Starr Companies
  • Sun Life Financial U.S.
  • Surmodics, Inc.
  • Takeda Pharmaceuticals U.S.A., Inc.
  • TD Bank, N.A.
  • Tenaris, Inc. USA
  • Textron, Inc. - Textron Systems
  • The Boeing Company
  • The Estee Lauder Companies, Inc.
  • Friedkin Companies, Inc.
  • The Goodyear Tire and Rubber Company
  • Progressive Corporation
  • The Walt Disney Company
  • Tokio Marine America
  • Toyota Boshoku America, Inc.
  • Toyota Motor North America, Inc.
  • TripAdvisor, Inc.
  • United Continental Holdings, Inc.
  • United Launch Alliance, LLC
  • Valero Energy Corporation
  • Ventas. Inc.
  • Virgin Orbit
  • Visa, Inc.
  • Wawa, Inc.
  • WellStar Health System
  • WEX
  • Xerox Technology
  • Zebra Technologies

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.