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Show 167 Women in the Labor Force with superior scholastic records or with at least 1 year of graduate work in these fields could begin at $7,304. Graduates who qualified through the Federal Service Entrance Examination for management intern positions received a starting salary of $6,269 or $7:,479 a year, depend ing upon qualifications. College graduates who entered the Peace Corps did not receive regular salaries. They received a monthly living allowance, a cloth ing allowance, and all travel and training expenses. At the end of their service, they received a readjustment allowance of $75 for each month of completed service---...-$1,800 in all (less income tax and social security) Many colleges offered returning Peace Corps graduates advanced degree credit for their oversea training. Many of the placement officers who participated in the Bureau of Labor Statistics survey indicated that recruiters from large companies and those from firms engaged in specialized fields were selective in their recruitment of women graduates. On the whole, salaries quoted by recruiters w.ere aimed at "above-average" women graduates-those in the top 10 to 15 percent of their graduating class. Higher starting salaries generally were offered women who had either a master's or a doctor's degree. . 78. Salaries of College Graduates: 5 Years Later 19 In 1963 the Bureau of Social Science Research, Inc., conducted for the National Science Foundation a follow up survey of women who had received either a bachelor's or a master's degree in 1958. Women who earned a first professional degree in library science or social work were also included. The original study was conducted to learn about the occupational status of recent young college graduates who majored in The followup study was designed to update informa on further education, employment, military tion collected in 1960 marital status of a sample group of the earlier respondents. and status, Bachelor's degree8.-0f the 119,541 women who had .earned a bach elor's degree in 1958, a total of 9,290, or about 8 percent, participated in the followup survey (table 82). A majority (57 percent) of these various fields. 20 21 women were in the labor force in the summer of 1963, with about 47 percent employed full time, 10 percent employed part time, and less than 1 percent unemployed. Almost 7 percent of the respondents reported they were attending school-1.3 percent full time and 5.5 19 Based on preliminary data. "Two Years After the College Degree." NSF 63-26. Prepared by the Bureau of Social 1963. Science Research, Inc •• for the National Science Foundation. 21. The survey excludes all first professional degrees. 20 |
