Bae'S New Job Scheme

British Aerospace is setting up a scheme to hire a new breed of elite graduate engineers from two of the UK's leading universities at salary levels 50 per cent higher than average. The project marks an ambitious effort by one of Britain's biggest manufacturers to attract top engineering brains at a time when rival job offers from fields such as accountancy and banking are increasing. BAe will take on about 10 engineering "super graduates" this summer from Cambridge University and London's Imperial College. They will be paid a starting salary of about £20,000, well above the £14,000 average that the company pays.