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what is the average wage/salary?

darrrren
Posts: 28 Forumite
Just wondering, as I work away from home, and want to leave my Job, although in south wales your pretty lucky if you earn 15k a year these days. I'm curious what an average salary is. I'm afraid to leave my job due to this for a new o ne.
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The average salary in the UK is around £26,000. However that is irrelevant as it doesn't take into account your age/ experience/ area and so on.0
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Yes I was going to say 26k where I'm from I think you'd be looking a long time for anything paying that.0
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I would have loved to be on the average public sector salary of £29k in 2013. I reckon you could have counted on the fingers of 1 hand the number of people on or above that figure in the office I worked at.
The problem with the public sector figure is it includes all the fat-cat MPs, heads of councils etc and that hugely skews the figure.0 -
The UK average is largely meaningless a better average figure would be split by sector/role.0
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average is pointless. Its like 10 people on 16k and one on 60k, wow 20k average.0
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I would have loved to be on the average public sector salary of £29k in 2013. I reckon you could have counted on the fingers of 1 hand the number of people on or above that figure in the office I worked at.
The problem with the public sector figure is it includes all the fat-cat MPs, heads of councils etc and that hugely skews the figure.
ONS use the median in order to reduce that effect (see below)
The big skewing of the figures is as a result out outsourcing many low/no skill jobs but needing to keep in-house managers to task/oversee the contractorxapprenticex wrote: »average is pointless. Its like 10 people on 16k and one on 60k, wow 20k average.
As ONS use the median that would be a 16k average0 -
The average in my town (Burton-upon-Trent) is around £17k for full time workers. Earning in excess of £26k would be considered a good job and you would be more likely to live elsewhere if you earned that much. You wouldn't want to rent a 2 bedroom terraced house for £450 a month on that wage when you could afford a much better home.
Rent's in an area tend to reflect salaries. If rents are high then so are average wages. If rents are low then average wages will also be low.:footie:Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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wow 17k. But as said, its usually reflected in prices in the area. 17k in your area may get you more than 26k in another area.0
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