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These are the UK’s highest paying companies for entry-level jobs — and the salaries are all £50,000 and above

By | Vicky McKeever |

Economic uncertainty over the past couple of years has been hugely detrimental to young people at the start of their careers, which has made securing a well-paid first job an even bigger priority.

Global jobs website Glassdoor found that financial transaction processing company Thought Machine offered the highest pay for an entry-level job, with an average base salary of £60,000 ($76,409). The average U.K. total pay in January 2022 was £596 a week, or £30,992 a year, according to the Office for National Statistics.

In its rankings, released Wednesday, Glassdoor identified the companies offering the highest-paying entry-level roles by looking at more than 100,000 salary reports on its website over the year to the end of March, posted by both former and current employees. It classed entry-level jobs as roles that required less than 2 years of relevant experience and are non-senior positions.

These findings come as the U.K. grapples with a cost of living crisis, with inflation hitting a 30-year high of 7% in March, as Russia’s invasion of Ukraine has helped drive a surge in food and energy prices. This latest shock to consumer finances has come on the back of two years of economic uncertainty due to the Covid-19 pandemic, with young people among the hardest hit.

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