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Graduation Cap Recruiters estimate entry-level employees will be offered an average of $56,532 this year, up more than $10,000 since last year’s estimate of an average of $45,361. (Photo: Shutterstock)

Things are looking up for the latest crop of grads: they’re expecting good starting salaries and planning on a more-defined career path, which may mean they won’t be job-hopping the way their elder colleagues have been doing.

According to the Society for Human Resource Management, reporting on data from talent acquisition software company iCIMS, the 2018 grads, composed of a blend of millennials and GenZ, are expecting an average starting salary of $54,010 in their first job. That represents a nearly $8,000 increase over what the class of 2016 expected.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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