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Average Wages in UK | Economics Blog

Average Wages in UK


In April 2008 median gross weekly earnings were £479 per week, ( £24 908 per year) up 4.6 per cent from £458 in 2007, for full-time employee jobs on adult rates whose earnings were not affected by absence.

Note this is average earnings as opposed to average incomes. Average incomes will be lower because it includes benefits.

For men, earnings were £521, up 4.6 per cent, compared with £412 for women, up 4.4 per cent. This shows a slight widening of the gender pay gap

See also: Why are women paid less than men

Excluding overtime, the median hourly earnings of full-time men were £12.50, an increase of 4.4 per cent, compared with £10.91 for women, an increase of 4.1 per cent. The stronger growth in full-time men’s hourly earnings excluding overtime compared with women’s has meant that the gender pay gap has increased to 12.8 per cent, up from 12.5 per cent in 2007.

Best Paid Jobs in UK

1. Directors and Chief Executives – £212,910
2. General Practitioners (GPs) – £110,000
3. Brokers – £94,293
From: Annual Survey of Hours and Earnings at National Satistics

 

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