New grad compensation report
As new grad cash converges and one-time bonuses become table stakes, enterprise companies use equity to differentiate offers.
Why it matters:
The graduating class of 2026 is changing where Fortune 100 companies compete on pay, making the mix of cash and equity as important as TDC.
Key takeaways:
- Fewer offers are extended to new college grads (NCGs) in 2026, while total direct compensation (TDC) increased for most functions.
- AI and Software Engineering command the highest pay, but other technical roles are closing the gap as talent-war premiums ease.
- Companies use equity to differentiate their highest-value new grad offers, with mega grants reaching up to 7x standard grants.
- Sign-on and relocation bonuses are now standard in new grad offers.
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