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More average salary stats to argue over.....

Have fun boys and girls!

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


"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 employees jobs in 2008 came to £26,020. You may think that's rather a high "average" salary. 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 employees jobs. If you are earning that sum a year, you are "Mr or Mrs Mid-Point" - precisely half the surveyed working population earns less than you and half more. For just full-time employees, the median is £25,123."


Should be a good 80 or so posts by this time tomorrow (70 of them flaming someone else :p) and I'm sure that ISTL and Graham still won't see eye to eye by the end.


:T
«13456716

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    JonnyBravo wrote: »
    Have fun boys and girls!

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


    "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 employees jobs in 2008 came to £26,020. You may think that's rather a high "average" salary. 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 employees jobs. If you are earning that sum a year, you are "Mr or Mrs Mid-Point" - precisely half the surveyed working population earns less than you and half more. For just full-time employees, the median is £25,123."


    Should be a good 80 or so posts by this time tomorrow (70 of them flaming someone else :p) and I'm sure that ISTL and Graham still won't see eye to eye by the end.


    :T

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

    No need for arguments. The above is the correct way, simples. :)
  • zimm143
    zimm143 Posts: 68 Forumite
    Agreed. I would like to see standard deviation stats included too though.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Which ever figure you care to pick none of them are close to the historic house/wage LTI of 3 x 1 income and 1x second, 2.5 x both or for a single person 3.5 x salary, for the average house (aka Nationwide/Halifax/LR etc)

    And that's not even taking into account that very few families across the whole of the country will have a man and a woman in a family both earning 31k a year. Might be more likely down South, but up North forget it.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Least the mean is not 36-38k as often touted around here with the inevitable "house prices are therefore affordable. (for a couple both working 87 hours a week with no kids, no debts, no life who eat beans on toast every night and then save the crumbs to make a pudding base for their fortnightly treat)"
  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    Times have changed though haven't they, long term average means nowt when society sends a greater proportion of women out to work rather than sitting at home raising kiddies and wearing a pinny, and property ownership is so much more "the thing to do".
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Joeskeppi wrote: »
    when society sends a greater proportion of women out to work rather than sitting at home raising kiddies

    It would be interesting to see a poll on this, I wonder how many women like putting their children into care and going out to work to service an overblown mortgage and those don't.

    My ex used to work as a manager at an out of school club, there was many a time the women would rush in at 6.05pm to pick their little ones up, many looked frantic and stressed as they rushed upto the door, only to be soothed on the way out once they had picked their children up. I used to speak to a few as well, many would like to pack in work, or go part time, the simple fact is, they can't.
  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    ad9898 wrote: »
    It would be interesting to see a poll on this, I wonder how many women like putting their children into care and going out to work to service an overblown mortgage and those don't.

    Oh I don't doubt some would rather be at home but the property hysteria has left them with no choice, but I also feel that women are massively more likely to have career aspirations nowadays.

    I hope this doesn't come across as sexist or anything.

    Either way it means the average in todays world will be higher, non?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    ad9898 wrote: »
    It would be interesting to see a poll on this, I wonder how many women like putting their children into care and going out to work to service an overblown mortgage and those don't.

    My ex used to work as a manager at an out of school club, there was many a time the women would rush in at 6.05pm to pick their little ones up, many looked frantic and stressed as they rushed upto the door, only to be soothed on the way out once they had picked their children up. I used to speak to a few as well, many would like to pack in work, or go part time, the simple fact is, they can't.

    Oh, I agree wholeheartedly with this.

    Thing is, I also agree with Joe. Whether women want to or not is largely irrelevant seeing as they are working in far greater numbers than ever before in our history.
  • The_White_Horse
    The_White_Horse Posts: 3,315 Forumite
    they should get back in the kitchen and stop being so selfish. Look what you have done women, with your stupid aspirations and idiot ideas about careers. You have made house prices double. That is all you have done. If you had done the decent thing and stuck to looking after your man, you would all be living in better houses. talk about stabbing yourself in the face.

    women eh?!
  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    they should get back in the kitchen and stop being so selfish. Look what you have done women, with your stupid aspirations and idiot ideas about careers. You have made house prices double. That is all you have done. If you had done the decent thing and stuck to looking after your man, you would all be living in better houses. talk about stabbing yourself in the face.

    women eh?!

    Arf, did you write this article?

    http://www.irishtimes.com/newspaper/opinion/2009/0225/1224241774267.html
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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