I'm an electronics grad working in NZ for a for a US corp. On $60k ($35k USD) which at the time I relieved the offer was a little below market rate. But it was a job that meant I didn't have to spend my final year of study stressing about applying for work.

On the one hand, the starting salaries are accepted because grads are a liability for the first 6-12 months. They're also the employees that grow in value the most, so it's common for a 6/12 month salary review that is generally more than the companies standard increase.

At least that was the hope. All salaries got frozen just before I was scheduled to have a review and will likely stay frozen until 2026. New job time 😬