- Nick Elvin
Australia has topped a list of countries for graduates to work in – five places ahead of the UK, a new report shows.
The Graduate Employment Around the World study, from Marbella International University Centre, saw countries ranked on eight criteria relating to employment and quality of life, including factors such as minimum wage, working hours and annual salary.
In total, 17 countries were chosen based on their appeal to workers and availability of data. An average score was then determined to establish the best countries in the world for graduates seeking work.
A high hourly minimum wage and employment rate were responsible for Australia’s strong score in the overall rankings. At the time of the study, the country’s minimum wage was US$15.87 per hour, compared to the UK’s US$10.72.
Spain enjoyed the highest wages for business in Europe from the list analysed with an average of US$81,196 average annual salary. Globally, Spain came third below the United States and Japan overall for wages.
According to the Graduate Employment Around the World study, the top ten countries for graduate employment are:
1. Australia
2. United States
3. Germany
4. Canada
5. Japan
6. United Kingdom
7. France
8. Belgium
9. Ireland
10. Korea