Tory council leader believes ‘basic salary’ is 80k

lvader

He never talks of average or mean and he is talking about central London. Apart the odd way he says it, what he said is correct.

cepheus

In fact listening to his interview it's even worse! He says

"first job" .... "basic simple job"

so he's hardly talking about Bankers or Graduates, sound like McJobs to me!

Fellow Westminster councillor David Boothroyd said it showed “the sections of society the council leadership is in touch with”.
“With everyone else, they’re not so much out of touch, as completely cut off,” Mr Boothroyd said

One thing a Tory councillor being out of touch, what else does one expect, but so many on a so called 'consumer forum' trying to get him out of jail is inexcusable!

ukcarper

Generali wrote: »

But the numbers quoted above contradict that. The mean is lower than the median which means that there are low earners dragging the mean down.

Just to clear things up 2012 ONS figures for Central London are Median £29,885 Mean £42,569 80% percentile £52,870.

CLAPTON

Generali wrote: »

I always thought that 'average' meant 'mean'.

If so there's no reason I can see to assume that there will be many more below the mean than above. The fact that the median is higher than the mean shows that there are more people above mean wage than below.

Probably best to assume you have been celebrating the new year a little too enthusiastically.

Happy new year

lvader

My first, simple job in Central London paid £550 a day back in 1998. I was doing IT Support.

ukcarper

But only 20% of people in central London earn over £52,870

lvader

ukcarper wrote: »

But only 20% of people in central London earn over £52,870

I bet that figure isn't correct for people living in central london.

ukcarper

lvader wrote: »

I bet that figure isn't correct for people living in central london.

Perhaps not but it is for people working in Central London.

MrsE_2

amandajc wrote: »

Should someone remind him of what the average wage actually is http://www.bbc.co.uk/news/business-20442666.
Ps. I do quite a complex, responsible, job and earn a little more than this (but I am public sector so should be grateful for every penny :-) )

I'm also public sector & do a complex responsible job for minimal renumeration......

Anyway the problem in this country is, the average wage doesn't buy an average house, in most of the country, it doesn't buy any house:(

Thrugelmir

cepheus wrote: »

How out of touch can the Tories get?

I'm more concerned with the alternative. Well lack of.