Tax year 2022-23

LEO Graduate and Postgraduate Outcomes

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Introduction

Graduate and postgraduate employment and earnings outcomes for those who graduated with a first degree (Bachelors), level 7 (Masters) or level 8  (PhD) qualification.

This release updates previously published figures with the latest available data (2022-23 tax year).

Coverage is of all graduates and postgraduates, including those who graduated with either a Masters or PhD, from all Higher Education Providers in England.

The text, charts and tables below mainly refer to those who graduated from first degrees during academic year 2016-17 and present their employment and earnings outcomes during the 2022-23 tax year, five years after graduation. This publication provides breakdowns by subject area studied in higher education, graduate characteristics, and the region in which graduates lived during the relevant tax year. The final section provides a breakdown of EU and non-EU domiciled graduates working in the UK during the relevant tax year.

We have reduced the amount of content presented in this release this year in order to make it easier for people to navigate and interpret. However all previously included data is still available in the ‘Data catalogue’, where you can download the complete underlying datasets or use the table tool to create your own tables. 

Information on which industries graduates work in is available in the LEO graduate industry dashboard (opens in a new tab).

Employment and earnings outcomes at individual higher education provider level is available in the LEO graduate outcomes provider level release.

Changes to these statistics

  1. The Department for Education regularly reviews its statistical publications for quality and relevance of content and to ensure the statistics meet user needs. The Department is proposing to cease publication of the Graduate labour market statistics release and to instead, in future, develop this LEO publication to include comparative statistics for non-graduates with breakdowns by prior academic attainment and other student characteristics. To reflect this, next year the name of this release will change to Graduate and Postgraduate Labour Market Outcomes.
  2. From next year we will cease production of the LEO Graduate outcomes provider level data statistical release and instead simply make the provider level data available, in the form of a dashboard, within this main release.
  3. The downloadable Excel files that were included as ‘Additional supporting files’ in the previous releases of this series have not been included in this release, but all data is available in the ‘Data catalogue’, where you can download complete datasets or use the table tool to query the data to create your own downloadable tables.

Headline facts and figures - 2022-23

Explore data and files used in this release

  • View or create your own tables

    View tables that we have built for you, or create your own tables from open data using our table tool

  • Data catalogue

    Browse and download open data files from this release in our data catalogue

  • Data guidance

    Learn more about the data files used in this release using our online guidance

  • Download all data available in this release as a compressed ZIP file

About this release

Data used to track graduates

This publication uses data from the Longitudinal Education Outcomes (LEO) dataset, which links information about students, including:

  • Personal characteristics such as sex, ethnic group and age
  • Education, including which schools, colleges and higher education providers graduates attended, the subjects they studied, and qualifications achieved
  • Employment and earnings
  • Benefits claimed

By combining this information, we can track the progress of graduates as they enter the labour market. Additional information about the LEO dataset is provided in the accompanying methodology note, including explanations about the quality of the data and match rates. 

The LEO dataset is generated each year using the latest available data. This means that each annual LEO dataset includes not only an additional year of data, but also some revisions to previous years as a result of changes in the latest available data. When comparisons are made in this publication between earnings and employment outcomes in 2022-23 and previous years, we compare the most recently revised figures that are in this latest release, rather than previously published figures.

Coverage

Coverage is first degree graduates and postgraduates from all Higher Education Providers in England. These include Higher Education Institutions (HEIs) and Further Education Colleges (FECs) for all time periods, and Alternative Providers (APs) for the time periods for which data are available; designated APs were not required to return student level data to HESA prior to the 2014-15 academic year.

Graduates and postgraduates

We include information about those who graduated with a first degree qualification (bachelor’s or integrated masters degree), a level 7 (masters), or a level 8 (doctoral) postgraduate degree.  Study at level 7 is split into level 7 (taught) and level 7 (research).

Whilst we include comparisons between first degree graduates and postgraduates, please note that differences in outcomes between first degree graduates and postgraduates cannot be attributed solely to the impact of having a postgraduate or first degree. This IFS report published in September 2020 (opens in a new tab) finds that first degree graduates who progress to study at postgraduate level are not a representative subgroup of first degree graduates, as, on average, they are the higher attaining graduates. 

Years after graduation

We report the employment and earnings outcomes of graduates specific numbers of years after graduation (YAG). We define one year after graduation as the tax year that follows on after the previous academic year ended, as graduates are unlikely to have been engaged in economic activity for the whole tax year that overlaps with their graduation. For example, for those who graduated in the 2020-21 academic year, we report outcomes during the 2022-23 tax year as one year after graduation.

Most of the text, charts and tables below report outcomes during the 2022-23 tax year for the cohort that graduated during the 2016-17 academic year, five years after graduation. The EES table builder and underlying data include outcomes for multiple cohorts of graduates after one, three, five and ten years after graduation.

Country of domicile and international graduates

We refer to graduates who paid home student fees as UK domiciled. We refer to graduates who paid international student fees as EU or non-EU domiciled, and as international graduates.

Employment outcomes for UK domiciled graduates

Employment and/or further study outcomes for UK domiciled graduates are calculated as a percentage of matched graduates who were not living overseas for the majority of the particular tax year. Matched graduates are those whose Higher Education Statistics Authority (HESA) student records have been successfully matched to the Department of Work and Pensions' (DWP's) Customer Information System (CIS) or a HESA further study record. A small proportion of graduates cannot be successfully matched, and these graduates are excluded from the calculations, as are graduates living overseas during the particular tax year, even if they are matched. Further explanation is provided in the accompanying methodology document.

Graduates are grouped by their employment outcomes into the following categories: 

  • Sustained employment, further study or both - this category is broken down into three smaller categories:
    • Sustained employment only - graduates who have a record of sustained employment but no record of further study.
    • Sustained employment with or without further study - graduates with a record of sustained employment, regardless of whether they also have a record of further study or not.
    • Further study with or without sustained employment - graduates with a further study record regardless of whether they have a record of sustained employment or not. This category is equivalent to the difference between the ‘sustained employment, further study or both’ and ‘sustained employment only’ categories.
  • No sustained destination - graduates who have an employment or out-of-work benefits record in the tax year of interest but were not classified as being in ‘sustained employment’ and do not have a further study record. 
  • Activity not captured - graduates who have been successfully matched to DWP’s CIS but for whom there are no records of employment, out-of-work benefits or further study during the tax year of interest. It's likely that a high proportion of graduates whose activity is not captured were living abroad during this tax year.

Further information about how we categorise employment outcomes is provided in the ‘Employment Outcomes’ section of the methodology.

Note that the outcomes presented in this release are ‘raw’ outcomes. There are numerous factors that can influence employment and earnings outcomes of graduates apart from getting a degree. The raw outcomes presented in this release do not control for differences in the characteristics or experiences of students that might influence outcomes, and this should be borne in mind when drawing any conclusions. For example, some subjects may tend to have students with higher prior academic attainment, which in itself can influence employment and earnings outcomes, but the raw outcomes by subject presented in this release do not account for this.

Employment outcomes for international graduates

International graduates are graduates whose fees are paid from a country other than the UK. 

We calculate employment and further study outcomes for international graduates as a proportion of all international graduates living in the UK during the relevant tax year, regardless of whether their HESA records are successfully matched to DWP, HMRC and SLC data. This approach differs from that used to calculate employment outcomes for UK domiciled graduates because match rates between HESA records and DWP/HMRC and SLC data are much lower for international than they are for UK graduates. This is because the LEO dataset uses National Insurance numbers to match records, and international students who have no intention of working or claiming benefits in the UK are less likely to apply for a National Insurance number. Please see the methodology ‘Data and coverage' section  for further details.

In line with how we calculate employment outcomes for UK domiciled graduates, we exclude from these calculations international graduates whom we believe were living overseas during the majority of the particular tax year. Employment outcomes for international graduates therefore do not reflect the likelihood of an international graduate being in employment or achieving a certain level of earnings, but rather, the average outcome when an international graduate has remained in the UK. Further explanation is provided in the accompanying methodology document.

Median earnings

Earnings are reported only for graduates who have been in ‘sustained employment only’ during the particular tax year. They do not include the earnings of graduates who are earning and also in further study or whose employment has not been sustained. 

For both UK domiciled and international graduates, earnings are reported for those who were in ‘sustained employment only ’ in the UK. Therefore, among international graduates, the results only cover those who have stayed on and worked in the UK.

We use the median rather than the mean to indicate average earnings. Unlike the mean, the median is not affected by relatively small numbers of very high earners. For this publication, it is a better indication of typical earnings than the mean. However, we do note that an average value (such as the median) tells us nothing about the variation in earnings within a particular group. We provide upper and lower quartiles for earnings as well as the median, which provides an indication of this variation. 

Job quality

For the first time, we present information about job quality as well as employment outcomes and earnings. Job quality is not measured in the LEO data, but in the Graduate Outcomes Survey (GOS), which is distributed by the Higher Education Statistics Authority (HESA) to graduates 15 months after graduation. The survey includes three questions that are designed to measure some key aspects of job quality, which graduates who have a job answer. The measure of job quality encompasses how meaningful their job feels to the graduate, whether their job fits in with their future work plans, and whether they use skills learned during their studies in the job. More information on HESA's job quality measure is available here: The value of a non-financial job quality measure in exploring graduate outcomes - Summary | HESA (opens in a new tab)

The GOS job quality data has been matched to the LEO dataset in order to provide the breakdowns of job quality by earnings and region included in this publication. More details are provided in the methodology section.

Overall graduate outcomes

Employment outcomes

Five years after graduating, the great majority of graduates were in employment and/or further study. Percentages of graduates from first degrees and from taught Masters (level 7 taught) who were in sustained employment only were almost identical, and very similar percentages were in further study with or without sustained employment. 

Among level 7 (research) graduates, a higher proportion were in further study with or without sustained employment five years after graduation and a lower proportion were in sustained employment only, indicating that many level 7 (research) graduates most likely continue on to a level 8 (PhD) qualification.

A relatively high percentage of level 8, and to a lesser extent level 7, postgraduates fell into the ‘activity not captured’ category, indicating that people having completed a higher level of study are perhaps more likely to be internationally mobile and their activity is not captured as they are living and working abroad.

The proportion of graduates who are in sustained employment and/or further study five years after graduation has remained stable over time, as shown in this featured table:

Earnings

While on average, ‘nominal’ earnings have increased between the 2016-17 and 2022-23 tax years, the value of these earnings in terms of the goods and services that they can buy ('real terms' earnings) have not increased. They rose slightly between 2016-17 and 2020-21, and have decreased since then. See the methodology for more information about how we adjust for inflation to create a measure of ‘real terms’ earnings.

After adjusting for inflation, real terms earnings five years after graduation have barely changed between 2016-17 and 2022-23. They rose slightly between 2016-17 to 2020-21, but declined in the latest two years of data.

Measure of job quality

This measure of job quality is taken at 15 months after graduation among UK domiciled first degree graduates, aged 17 to 20 at the start of their course, who were in sustained employment in England, Scotland or Wales.

The minimum value the score can take is one and the maximum is 5  (where a higher score indicates better job quality). It is reported during successive tax years, and has been very stable over the last four cohorts of graduates.

Chart 3 shows that during the 2022-23 tax year, first degree graduates who earned more on average reported higher levels of job quality. This suggests that graduate jobs with higher earnings are typically also likely to provide better non-financial outcomes to the graduate too.

Outcomes by subject studied

Graduate outcomes are presented for 35 different subject areas (CAH2 subject level).

A more granular breakdown of subject areas (at CAH3 subject level) is provided in this featured table:

Employment outcomes

Employment outcomes five years after graduating from a first degree are presented in Chart 4, below. This shows, for example, that graduates who had studied:

  • Veterinary sciences had the highest proportion of graduates in sustained employment, further study or both. Combined and general studies had the lowest proportion.
  • Pharmacology, toxicology and pharmacy had the highest proportion of graduates in further study. Computing had the lowest.

Earnings

Earnings five years after graduating from a first degree are presented below in Chart 5 and Table 5. These show that:

  • Median earnings were highest for Medicine and dentistry and lowest for Performing arts. 
  • The greatest variation in earnings, based on the interquartile range was among graduates in Economics (interquartile range is £31,400), and the smallest interquartile range for earnings was among graduates in Sport and exercise sciences (interquartile range is £11,700)
  • Male graduate earnings were higher than female earnings for many but not all subjects. 
  • Combined and general studies had the highest proportional gap between male and female earnings, with female graduates earning 29.8% less than male graduates.
  • In contrast, female graduates in Performing arts earned 4.2% more than males.

Outcomes by graduate characteristics

Sex

Employment Outcomes 

Chart 6 shows that there was a higher proportion of female first degree graduates in sustained employment, further study or both compared to male graduates. This is driven by a female graduates being more likely to be in further study, rather than sustained employment, as there is a lower proportion of female graduates than male graduates in sustained employment only. 

Table 6 shows for level 7 and level 8 study, there continues to be a higher proportion of female postgraduates in further study compared to male postgraduates, and for level 7 (taught) and level 8 there is also a higher proportion in sustained employment only.

Earnings 

Chart 7 shows the earnings of female and male graduates five years after graduation. Male graduates from degrees at each level earned more than female graduates.

Some of these variations will be due to differences in the incidence of part-time work by sex. The LEO data is currently unable to distinguish between those who work full-time and those who work part-time and this should be borne in mind when comparing average earnings between sexes.

Free school meals

Families on a low income can claim free school meals (FSMs) for pupils up until the end of Year 11. We classify graduates into three groups, based on whether they ever received FSMs between Year 6 and Year 11. The three groups are FSM, non-FSM, and Not known. The ‘Not known’ category includes students from independent schools where data on FSM status is not collected. 

Employment outcomes

Chart 8 shows that among first degree graduates whose families had claimed FSMs, relatively low proportions were in sustained employment or further study five years after graduation, compared to graduates who families did not claim FSM. Proportions of first degree graduates with no sustained destination differ substantially between the two groups, with almost twice the proportion of graduates whose families claimed FSMs classified as having no sustained destination (9.7%) as graduates whose families did not (5.0%). The ‘Not known’ group, which mostly compromises of graduates who went to independent schools, have the highest proportion in further study and also have the highest proportion with activity not captured, indicating they are the most internationally mobile group.

Earnings

Chart 9 shows that one, three and five years after graduation, the median earnings of first-degree graduates whose families claimed FSM were lower than they were for non-FSM eligible graduates. The ‘Not known’ group had the highest earnings, likely driven by the earnings of graduates who went to independent schools.

 

Prior attainment

This section uses UCAS points achieved at A level to define prior attainment. Three A/A* grades are equivalent to 360 points, while 180 points is equivalent to three D grades. A further explanation of prior attainment breakdowns, and a table of UCAS points and grade equivalents can be found in the methodology. 

Employment outcomes

Chart 10 shows that at five years after graduation, graduates with the higher levels of prior attainment were more likely to be in sustained employment, further study or both than those with lower prior attainment. For the highest prior attainment bands this is driven by a higher proportion in further study.

Earnings

Chart 11 shows that median graduate earnings were higher for higher levels of prior attainment. Median earnings across the lower prior attainment bands (BTEC to 240-299 points) were fairly similar. Median earnings increased notably moving upwards through the top three prior attainment bands.

Additional graduate characteristics

Further breakdowns are available by ethnicity, HE participation of local area (POLAR), age at start of study and mode of study. Ethnicity and POLAR breakdowns are provided in the below tables and all other data is available in the 'Outcomes and earnings' data file found in the Data catalogue.

Outcomes by region

Employment outcomes 

Chart 12 shows that out of all the regions in England, London has the lowest proportions of first degree graduates who were in sustained employment and/or further study during the 2022-23 tax year five years after graduation. There was little difference in the proportions across the other English regions.

Earnings

Chart 13 shows that among first degree graduates who were in sustained employment five years after graduation, those living in London had highest median earnings, followed by the South East and East of England, reflecting that London and its surrounding areas do attract higher salaries, typically to offset the higher cost of living in these areas. There was little difference in graduate median earnings across the other English regions.

Graduate movement between regions

Young people sometimes move away from their home region in order to study at a HE provider. After graduation, they may move to another region. The below featured table shows for young (under 21 at the start of their course) graduates what proportions either left or stayed in their home region to study and whether after graduating they lived in their home region, study region or elsewhere.

Measure of job quality

This measure of job quality is taken at 15 months after graduation among UK domiciled first degree graduates, aged 17 to 20 at the start of their course, who were in sustained employment in England, Scotland or Wales.

Graduate living in London reported slightly lower levels of our measure of job quality compared to graduates in other regions of the UK.  Job quality scores across all other regions in England are relatively consistent, with most reporting scores close to the cohort average of 3.86. Interestingly, the highest levels of job quality were reported by graduates living in Scotland, Northern Ireland and Wales.

International graduates

This section looks at comparative outcomes of EU and non-EU domiciled international graduates and postgraduates from English HE providers. Please note that the results presented in this section do not reflect the likelihood of an international graduate being in employment or achieving a certain level of earnings. Instead, they reflect average outcomes among international graduates who have remained in the UK. 

Employment outcomes

As shown in  Chart 15, the largest difference in employment outcomes between EU and non-EU first degree graduates five years after graduation during the 2022-23 tax year is that almost twice the proportion of EU graduates had matched records. After taking this into account, a relatively higher proportion of matched EU graduates were in sustained employment, further study or both compared to non-EU graduates.

Earnings

Among international first degree graduates whose records were matched, median earnings five years after graduation during the 2022-23 tax year were higher among non-EU than EU graduates, £41,200 and £38,00, respectively. This pattern is reversed among international postgraduates from level 7 taught and research Masters degrees and from level 8 research degrees. Among these international postgraduates (with matched records), median earnings were higher among EU than among non-EU graduates.

Help and support

Methodology

Find out how and why we collect, process and publish these statistics.

Official statistics

These are Official Statistics and have been produced in line with the Code of Practice for Official Statistics.

This can be broadly interpreted to mean that these statistics are:

  • managed impartially and objectively in the public interest
  • meet identified user needs
  • produced according to sound methods
  • well explained and readily accessible

Find out more about the standards we follow to produce these statistics through our Standards for official statistics published by DfE guidance.

Our statistical practice is regulated by the Office for Statistics Regulation (OSR).

OSR sets the standards of trustworthiness, quality and value in the Code of Practice for Statistics that all producers of official statistics should adhere to.

You are welcome to contact us directly with any comments about how we meet these standards. Alternatively, you can contact OSR by emailing regulation@statistics.gov.uk or via the OSR website.

Contact us

If you have a specific enquiry about LEO Graduate and Postgraduate Outcomes statistics and data:

Higher Education Graduate Outcomes Analysis

Email: he.leo@education.gov.uk
Contact name: Amy Wilson

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