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Salient. Victoria University Student Newspaper. Volume 36, Number 21. 5th September 1973

Salary

Salary.

Graduates are known to be optimistic about their salary prospects, leading some observers to comment that new degree holders expect to be hired as managing director. The average third-year student at Victoria University in 1972 expected to receive an annual $4400 salary upon receiving a B.C.A. degree. The figures (considering only full-time students and not part-time students already employed in industry) ranged from $2000 to $ 11,000. Most students do not expect to receive a high starting salary as a matter of course —they want the opportunity to prove their value to the firm and to earn their money through effort and performance. As shown in Table 1, the most sought after jobs are those which link salary to individual output. Opportunities for earning a bonus are also seen as a positive incentive.