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Recession pay and jobless claims

If before crisis the majority of students and recent graduates were migrating from one job to another for 50 euros, no company is willing to make the bids anymore. Grads will only have to agree with salaries 100-200 euros lower than a year earlier.

“Pay level fell in almost all fields and across the board. And in this case, young graduates’ inexperience often works against them in the race for a pay rise. The median earnings for a grad ranges between 300 and 400 euros”, said Corina Diaconu , managing director of ABC Human Capital.

Badescu said she expected a 20% decline in entry-level job compensation. Graduates can still find job offers in debt collection, outsourcing, tech industry, and FMCG.

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