Employers

Salary Trends by Industry: Who’s Ahead in 2025?

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2025 JOBS REPORT INSIGHTS

Salary Trends by Industry: Who’s Ahead in 2025?

Employer competition is driving new pay highs in some industries. See where salaries lead and how to stay ahead in a shifting market.

$125K
median consulting and finance salary in 2025
45%
higher than the overall early-career median

Early 2025 data shows consulting, finance, and tech continue to drive the highest starting salaries, often paying $25K–$40K above the overall median. Meanwhile, sectors like government, education, and nonprofits stay steady, relying on mission and stability rather than pay alone.

For employers, this means a strong salary number is not enough by itself. Candidates compare industry benchmarks side by side. A slow offer, unclear pay range, or lack of negotiation flexibility can send your top pick elsewhere.

The Expanding Pay Gap

The difference between top-paying and lower-paying sectors is wider than ever. Early-career hires in consulting and finance now expect a base that feels competitive with what peers are getting. Employers that lag on clear compensation signals risk losing candidates late in the process.

The lesson? You do not have to match the highest salaries to compete — but you do need to know how your offers stack up and where you can add value with total rewards and culture.

Early Offers Make the Difference

Top-paying industries are securing top talent sooner by compressing timelines. Many extend offers well before graduation. For sectors where salaries are not the highest, speed and transparency can keep you in the game.

Strong early offers:

  • Lock in top candidates before competitors reach them
  • Build trust and reduce reneges
  • Give more room for meaningful negotiation

Three Ways to Compete

  1. 1. Use Salary Benchmarks Actively: Tie your offer ranges to fresh data. Show candidates how your pay stands in the market. If your base is lower, spotlight your other differentiators.
  2. 2. Move Faster: Watch when your top competitors are extending offers. Tightening your timeline can help you secure a great candidate before they get multiple competing bids.
  3. 3. Prep Hiring Managers: Equip your hiring managers to handle negotiation with confidence. Training them to talk about total rewards, career growth, and flexibility can win the deal when money alone will not.

Salary trends show who is winning the race for early-career talent and who risks losing out. Employers who track benchmarks closely, extend clear offers early, and prepare for confident negotiation are more likely to close the deal and keep their strongest hires on board.

ready to dig deeper?

Download the 2025 Jobs Report: Mid-Year Update

 See salary trends, pay ranges, and hiring timelines across industries. Based on early outcomes data from the 12twenty network.

Note: These insights reflect early reporting as of May 1, 2025. Actual final outcomes may shift as additional data is collected and verified throughout the year.

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