Why are the salaries of recent graduates higher now?

There are many reasons why the salaries of recent graduates are relatively high:

Inexperience: Freshmen often lack practical work exper

Why are the salaries of recent graduates higher now?

There are many reasons why the salaries of recent graduates are relatively high:

Inexperience: Freshmen often lack practical work experience, but they can learn a lot of practical knowledge and skills in class, and their salary is often lower than that of old employees. In contrast, some experienced employees may have more experience and skills, but these experiences and skills are often accumulated by years of work and are difficult to obtain through short-term training.

Market demand: With the economic development and social progress, many industries have higher and higher demand for high-skilled innovative fresh graduates. Their creativity and innovation can help the company achieve breakthrough results. In order to attract and retain these talents, some enterprises are often willing to offer higher salaries.

Fierce competition: With the popularization of university education, many enterprises are now facing fierce competition when recruiting fresh graduates. In order to attract and retain excellent fresh graduates, some enterprises have to offer higher salaries as the threshold for recruiting excellent employees.

Economic policy: In order to encourage innovation and develop emerging industries, some countries have implemented some preferential policies, such as providing venture capital and tax reduction, which can attract more talents to invest in emerging industries and provide more employment opportunities for these industries.

In short, there are many reasons for the high salary requirements of fresh graduates, including lack of experience, market demand, fierce competition and economic policies.