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Gen Z college grads expect to earn more than $100,000 at their first job. Their actual paycheck is a rude awakening

Gen Z college graduates are entering the workforce with high salary expectations, often aiming for six-figure starting salaries, but are frequently met with the reality of lower initial pay, according to a survey by Real Estate Witch. The survey found that while 54% of recent graduates expected to earn at least $50,000 annually, the actual average starting salary for new graduates is around $55,260, with many starting at lower figures. This discrepancy has led to dissatisfaction among young workers, with many feeling underpaid and struggling with financial burdens such as student loan debt. The article highlights the challenges Gen Z faces in aligning their salary expectations with the current job market realities, and suggests that factors like location, industry, and negotiation skills play significant roles in determining starting salaries.

Read the Full Fortune Article at:
[ https://fortune.com/article/gen-z-college-grads-paycheck-expectations-vs-reality/ ]