Research Firms Highlight Unfair Disparity in Pay Checks of State Graduates and Private School Graduates
Published By : 06 Aug 2015 | Published By : QYRESEARCH
A new research published by Sutton Trust and upReach, analysts have determined that graduates from private schools earn an average of £4,500 more than their state-educated counterparts. Sutton Trust is a charity focused at improving the social mobility via education and upReach helps graduates from normal backgrounds to get top jobs. This disparity in earnings is seen in just about three years after graduates start working, giving the privately tutored professional an edge over the others while climbing the career ladder.
The report further claims that in a span of six months the high-status job of a privately educated individual will get him £1,300 more than state-educated professional. The annual salary comparison also shows that a privately-educated professional earns £24,066 as compared with their less privileged counterparts who earn £22,735.
The report added that in a duration of three and a half year the gap in earnings widened to £4,450, as the average salary of privately educated professional reached £36,036, which is nearly 14% more than the state-educated counterpart, who earned £31,586.
The jobs where this disparity can be observed are those of solicitors, accountants, economists, psychologists, higher education teachers, pharmacists, scientists, and engineers. The research also shows that despite good performance graduates from state schools are less likely to be a part of elite jobs such as top-notch financial services and law firms. If by the slightest chance of luck they are to be a part of this club, the difference in earnings continues.
According to Sir Peter Lampl, the chairman of Sutton Trust and of the Education Endowment Foundation the research is aimed at changing the attitude of the firms towards state-graduates by improving their social mobility recruitment practices. He emphasized that a diverse pool of talent will benefit both, employees and employers in the coming future.