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Average salary of a new graduate in the year 2012
Posted on 24.12.2011 16:04
Average salary of a new graduate in the year 2012
Hi All,
I have completed Masters in Analog IC design and seeking opportunities in this field.
1. Could someone please let me know the average starting salry for new graduate in Germany who does Analog IC design?
Regards
Ra
20tech12
Member since 24.12.2011
Posted on 24.12.2011 18:04
Re: Average salary of a new graduate in the year 2012
Joining companies like Siemens, Infineon, etc you could get 55K
supersid
Member since 26.07.2010
Posted on 24.12.2011 21:17
Re: Average salary of a new graduate in the year 2012
Hi,
Thanks for the info..But on comparison with UK it seems the salary is on the upperside..In UK the salary comes around 25-32K for graduates. Could you let me know what could be the reason behind this difference?
Regards,
Ra
20tech12
Member since 24.12.2011
Posted on 25.12.2011 11:44
Re: Average salary of a new graduate in the year 2012
I have also experienced similar difference. I am working in IT and not I get 60K. Similar roles from UK comes to me by headhunters which are 40-45K.
Hence I decline those UK offers all the time. It could be that the UK people are still living in the planet where they assume that pound is 2 times of euro
Frankly - UK is on the down side and that could be one reason.
lrosy10
Member since 31.08.2008
Posted on 25.12.2011 20:03
Re: Average salary of a new graduate in the year 2012
Hi,
It's so interesting..What I had in mind that UK companies offer more than anywhere else in EU. But it seems that German companies are much more generous in giving good offers. If you don't mind may I know the average graduate salary of one in IT industry in Germany?
Thanks,
Ra
20tech12
Member since 24.12.2011
Posted on 26.12.2011 04:06
Re: Average salary of a new graduate in the year 2012
Some input about salaries including IT industry:
http://www.trust7....rmit_and_salary_scale
If someone offers you 50K Pounds in UK, it is about 57K Euros. Additionally, UK has less taxes than Germany. If you dont live in London or Manchesters where rents are high, you already have atleast the same amount like your Germany peers.
Also remember, Germany has traditionally been an engineer/engineering driven economy.
supersid
Member since 26.07.2010
Posted on 26.12.2011 18:18
Re: Average salary of a new graduate in the year 2012
Hi,
Thank for the input...It was really informative..
May I get some specific links where each industry salary rate is compared for rxperienced as well as non-experienced?
Regards,
Ra
20tech12
Member since 24.12.2011
Posted on 27.12.2011 05:38
Re: Average salary of a new graduate in the year 2012
I dont think it is a good idea just to 'feed' on other peoples input without moving a finger 20tech12.
I recommend you to do some googling yourself....
supersid
Member since 26.07.2010
Posted on 27.12.2011 09:24
Re: Average salary of a new graduate in the year 2012
55K for a new graduate is impossible. It is more reasonable to say about 40-45K even for company like Infineon/siemens.
Unless you work in Muenich but I doubt that as well.
Don't dream man!
VP_2004
Member since 15.11.2004
Posted on 27.12.2011 15:43
Re: Average salary of a new graduate in the year 2012
yeah, done googling stuffs, and getting different info from different people, won't believe em blindly. Still can't figure it out and can't conclude properly.
In some posts it can be seen that in the year 2008-09 itself there was monthly salary around 3500-3700!! so after 3-4 years does that remain same?
20tech12
Member since 24.12.2011
Posted on 28.12.2011 07:34
Re: Average salary of a new graduate in the year 2012
VP_2004
Its not a dream but a reality. I am in the consulting industry and I started my career in one of these 'big' non-consulting companies like Infineon, Siemens in Munich. And therefore I know what I earned and what I earn now And I also know for sure that I didnt get any extraordinarily high salaries.
Read this thread where I wrote in detail:
http://www.trust7....rmit_and_salary_scale
Believe me, these salaries are very much normal especially at Infineon, Siemens which follow an IG Metall (a German labour union) tarif system which is relatively transparent.
20tech12
Let me give you an advice. Try for companies like Siemens, Infineon, Lantiq, Freescale, LSI. These dont usually underpay. 55K+ is realistic in Munich area. In other regions outside Bavaria, 50K is realistic (I know from what my colleagues in other regions earned)
Let me also add something, you have a UK degree and these are valued quite well in Germany, atleast equal to the German degrees with the semicon companies. I did come across many with comparable degrees. Additionally, you should ask for some 10K more than what you really aim to get so as to allow for room for negotiation. So in Munich you could ask 65-67K and you would end up between 55-60 +- 2-3K.
supersid
Member since 26.07.2010
