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UK First Job · Recruiter Guide

What Salary to Expect from Your First UK Job (2026)

Alex By Alex · 12-year UK recruiter · Updated April 2026

Why this matters

UK graduate salary expectations affect both what you target and how you negotiate. Underestimating risks leaving money on the table; overestimating risks rejecting reasonable offers in panic. The candidates who succeed have realistic data for their specific sector before applying.

Step-by-step

  1. 1 Research salaries by sector: Big 4 (£30-£40k), banking (£45-£60k), tech (£35-£50k), consulting (£35-£55k), marketing (£25-£32k)
  2. 2 Use Glassdoor, LinkedIn salary insights, university careers data — triangulate three sources
  3. 3 Factor in location: London graduate roles typically pay 15-25% above regional equivalents
  4. 4 Factor in company tier: top firms in each sector pay 15-30% above mid-tier
  5. 5 Don't volunteer your salary expectation early — wait for the offer or for them to ask
  6. 6 When asked, give a range: 'Based on the market for [role/sector], I'd expect £X-£Y'
  7. 7 Don't anchor low: graduate UK pay floors have moved up in 2024-2026, especially in tech and finance

Common mistakes

  • Anchoring to part-time salary or unrelated retail work
  • Underestimating sector range (e.g., applying to investment banking at £30k expectations)
  • Single data point research (just Glassdoor) — single sources are unreliable
  • Not factoring in bonus, pension match, or benefits in total comp comparison
  • Disclosing expectation before the company has — caps the offer

Recruiter pro tip

The single most-overlooked first-job total comp lever is pension match. UK pension auto-enrolment is 5% employee + 3% employer minimum, but many UK graduate employers offer 5-10% match. The 50p-on-the-pound match (1% employer per 1% you contribute) compounds over decades — often worth more than a £2-3k base difference at offer stage.

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