national avarage

[stevewool]

where do they get this figure from and when was it last changed, i have a idea wher its from but i think its about time its change in how its figured out, they say there is a big north-south devide but is that taken into account

[lastlid]

http://www.payscale.com/research/UK/...Salary#by_City

It is what it is. A statistical average. No more and no less. An indicator. A generality if you like. But it will be accurate for what it is.

This one is dated 23rd April 2012. City by city.

Actually I notice it says median. That being the case then it isnt average.

And here is another:

http://career-advice.monster.co.uk/s...s/article.aspx

[lastlid]

http://www.telegraph.co.uk/finance/e...inflation.html

There's another one. You will notice that 26k is the latest.


"The Annual Survey of Hours and Earnings from the Office for National Statistics (ONS) shows that the average gross salary for full-time employees was £26,200 in 2011, an increase of 1.4pc from 2010"

This one is an average figure for the whole of the UK. For full time employees only. So it has its limitations and weaknesses, but it still has some meaning, all the same.

[lastlid]

where do they get this figure from and when was it last changed, i have a idea wher its from but i think its about time its change in how its figured out, they say there is a big north-south devide but is that taken into account

I dont believe in the North South divide. You can't get much further north than Aberdeen but it is more expensive there than Manchester and most other places in the UK. Lots of jobs when the oil industry isn't in recession and is the city in the country with the highest % number of new cars to bangers.

[lastlid]

http://news.bbc.co.uk/1/hi/8151355.stm

"Boris Johnson refers to £250,000 a year as "chicken-feed". Manchester City offer six figures a week. Goldman Sachs doles out big bonuses. BBC bosses face flak over their earnings. But just what constitutes a "big" salary these days and how has how we feel about them changed?"

"Rarely a day seems to pass these days when there is not soul-searching over how much people are paid, whether it's bankers' bonuses or public sector salaries. But are we clear about the levels of earnings that we are worried about?

WHAT'S AN AVERAGE SALARY?

Before you even get into what constitutes a "big" salary in the UK, you must first tackle the question of what an "average" salary is."

"The Office for National Statistics' Annual Survey of Hours and Earnings (ASHE) provides some of the most reliable figures.

According to ASHE, "mean" gross annual earnings across all employee jobs in 2008 came to £26,020. You may think that's rather a high "average" salary. And if you look just at the figures for full-time employees, that figure rises to £31,323.

Another way of measuring it is "median" gross annual earnings. According to ASHE, this was the more modest figure of £20,801, across all employee jobs. If you are earning that sum a year, you are "Mr or Mrs [or Ms] Mid-Point" - precisely half the surveyed working population earns less than you and half more. For just full-time employees, the median rises to £25,123".

This is an older article but salaries havent gone up much over the last few years anyway.

[lastlid]

"Nearly everyone is above average
by JOHN on OCTOBER 20, 2008

Most people have a higher than average number of legs.

The vast majority of people have two legs. But some people have no legs or one leg. So the average number of legs will be just slightly less than 2, meaning most people have an above average number of legs. (I didn’t come up with this illustration, but I can’t remember where I saw it.)

Except in Lake Wobegon, it’s not possible for everyone to be above average. But this example shows it is possible for nearly everyone to be above average. And when you’re counting numbers of social connections, nearly everyone is below average. What’s not possible is for a majority of folks to be above or below the median.

Most people expect half the population to be above and below average in every context. This is because they confuse mean and median. And even among people who understand the difference between mean and median, there is a strong tendency to implicitly assume symmetry. And when distributions are symmetric, the mean and the median are the same".


http://www.johndcook.com/blog/2008/1...above-average/

[RickyR]

I do wonder where these figures come from, i know plenty of people earning around 14000 to 18000 a year as a normal salary. That in mind, I consider that with cost of living in the UK, even if you earn the average wage you'd be living pretty tight, and if that was the sole income for a family household ooouch!

[andy222]

Its a load of rubbish if you ask me. The survey should be calculated seperatley for each bourough. I dont know many that earn £26000 where I live. Except the lord mayor and councillors. Oh and that fat git TOM WATSON MP.

[lastlid]

Well, thats it. Bit like saying the average premiership crowd is 34000 when Man U are pulling in 75000.

[lastlid]

Also, talking of the north south divide, all the good football is in the north. But in the far north in Aberdeen the football is crepe......

[lastlid]

The survey should be calculated seperatley for each borough.

That would be a step in the right direction. I agree.

[lastlid]

[lastlid]

[andy222]

Very funny. Nice one lastlid.

[Terpe]

Nice clip