Does socioeconomic background affect pay growth among early entrants to high-status jobs?

Young people from less advantaged backgrounds are less likely to enter a “professional” job on leaving university (Macmillan et al., 2013). However, this does not tell us about the performance of those who do. This paper considers the relative salary growth of graduates that secure a high-status job by both parental occupational status and school type, using data from a recent survey of English graduates. Using non-parametric techniques and regression modelling, I estimate the relationship between these measures of socio-economic status and pay progression in a “professional” job.