Career and pay gap between private and state-school educated graduates 'is growing', says new report

It is 'vital' that firms do more to improve social mobility through their recruitment practices, says chairman

Aftab Ali
Thursday 06 August 2015 15:58
Comments

The career and pay gap between private and state-school educated graduates is growing and employers need to do more to tackle this when recruiting, says a new report.

New research published by the Sutton Trust and upReach shows how graduates from private-schools in top jobs receive an average of £4,450 more than their state school counterparts after three years – and their salaries are rising more quickly.

The findings outline how six months after graduation, the average annual salary difference between a state-educated and a privately-educated employee in a high-status job is £1,300.

Private grads take home £24,066 while state grads leave with £22,735-per-year.

By the time they’ve been working for three years, this financial gap has grown to £4,450, with private-school alumni earning 14 per cent more than their less privileged peers – £36,036, compared with £31,586.

Both organisations have acknowledged the inequality in graduate pay between private and state-school alumni needs to be addressed if employers want to hire the best talent, regardless of social background.

The Sutton Trust and upReach say graduates from less privileged backgrounds who apply for high-status jobs should be identified early on in the application process and during employment.

This should allow graduate employers to support the best talent and further support should include mentoring opportunities, career coaching, and application guidance.

Chairman of the Sutton Trust, Sir Peter Lampl, described how it is “vital” for firms to do more to improve social mobility through their recruitment practices and said: “Enabling greater access to a wider pool of diverse talent will deliver real benefits for employers and employees alike.”

The founder of upReach, Henry Morris, highlighted how Britain’s social mobility challenge does not end on a graduate’s first day of work.

He added: “By working in partnership with organisations like upReach, employers can seize the social mobility opportunity for their own and society’s benefit.”

The findings have come shortly after global accountancy firm and one of Britain’s biggest graduate recruiters, Ernst and Young, announced it will no longer consider academic and education details from applicants in order to improve workplace diversity.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in