What is the average salary in the UK?
As soon as you start working you will spend the rest of your employment wondering whether your salary is good or poor compared to the salaries of others. Luckily help is at hand – here you can find the average salary in the UK. When we look at the average salary we only consider the salaries of the working population (so the average salary of all the people who work inside the UK). The average UK salary is £27,600 gross per annum.
Does the average salary vary by gender?
The average salary does indeed vary by gender, men still earn more on average than women. The average salary of a man in the UK is £30,525 per annum, whereas the average salary for a woman in the UK is £25,336. The difference between the salaries of men and women with the same work and the same age is sometimes 30% in the favour of men. Over the past few years the difference in the average salaries of men and women has been decreasing.
What is the average salary by industry?
You can find the average salary of certain industries in the table below.
|Financial services||£ 35,923|
|Software development||£ 34,809|
Does the average salary increase as you gain more work experience?
Yes, in general the more work experience you have the more you will earn. Below you will find an overview of the average salary in relation to the years of work experience:
|Work experience:||Average salary:|
|<1 year||£ 20,526|
|1-4 years||£ 23,944|
|5-9 years||£ 30,954|
|10-19 years||£ 36,356|
|>20 years||£ 39,244|
What is the average salary in other counties?
The average salary in the UK is quite high compared to other countries. Below there is an overview of the average gross salaries in other influential countries.
|United States||£ 34,830|
|South Korea||£ 26,649|