would you say thats about right ? or to low / high ?
2007-08-29 01:54:22 · 11 answers · asked by wonderingstar 6 in Business & Finance ➔ Personal Finance
I live in london, i found wages were higher when i lived in leeds
2007-08-29 02:00:02 · update #1
when i lived there i was on £22k but not here in london
2007-08-29 02:03:50 · update #2
The average earnings are taken from a sample of taxpayer records in the UK. When I worked for HMRC, we included every 100th person in the survey. As a previous answerer has said, you need to take into account the fact that some very highly paid people will be included as its a purely random sample.
In one office where I worked in the 1970's, we dealt with Elton John's tax affiars and he was included in the survey one year when he had earnings of £1 million.
The bottom line is that £22k is really a meaningless figure as it very much depends on what you do for a living and where you live.
2007-08-29 02:42:33 · answer #1 · answered by fengirl2 7 · 2⤊ 0⤋
Yup, the average is £22,000 a year. But 90% of the working population earn less than that.
So imagine how much the other 10% must EACH earn to bring up the average to £22,000...
2007-08-29 09:06:17 · answer #2 · answered by Nightworks 7 · 2⤊ 0⤋
I have to say I am well below average then and so is almost everyone I know!
Would have to agree with Gem, it's probably London they are talking about - they should try living in the real world!
2007-08-29 08:57:23 · answer #3 · answered by ChocLover 7 · 1⤊ 1⤋
Depends on how they average it out? with all the footballers and really high powered directors on astrinomical wages divide their wages in total by the population and it would be probably right.
2007-08-29 09:05:07 · answer #4 · answered by ftumpsh 3 · 1⤊ 0⤋
This about right as it is only an average. When taking averages you must remember that in that computation there are people earning less than 10K and others earning perhaps 100K or more.
2007-08-29 09:17:59 · answer #5 · answered by ANF 7 · 1⤊ 0⤋
Change the £ sign to the $ sign then you have more of realistic average, especially where I'm from in Notts.
2007-08-29 09:10:21 · answer #6 · answered by Rich 3 · 0⤊ 1⤋
About right for a road sweeper
2007-08-29 09:07:30 · answer #7 · answered by Anonymous · 0⤊ 1⤋
God! Im a student now but before when I was working full time i was only on 11,000 a year!!!! but that prob is about right what you say
2007-08-29 08:59:25 · answer #8 · answered by emmaloubeeee 3 · 1⤊ 2⤋
I'd be so lucky!!!
That is too high - unless you live in london!
2007-08-29 08:57:13 · answer #9 · answered by Anonymous · 1⤊ 1⤋
I would say it is around £23/24k
2007-08-29 08:57:09 · answer #10 · answered by Anonymous · 1⤊ 3⤋