What would you call an average wage?

Sparky · 19 Apr 2008 at 23:50

Owing to the so called "Credit Crunch" and supposedly people being hard up for cash,what would you say is a average wage today?

paradigm · 19 Apr 2008 at 23:54

Not sure why you have referred to the "credit crunch" when asking average wage :/

I hate that phrase.

Sparky · 19 Apr 2008 at 23:55

Referred to it as index linked pay reviews are tied to it.As is inflation to some extent.

Vonhelmet · 19 Apr 2008 at 23:57

Average wage? I've heard anything from 12k to 18k.

Ace Modder · 19 Apr 2008 at 23:58

this question is too open ended?

What town/city/part of country are you talking about?

And the amount varies too much depending upon skills/trade etc etc

Sparky · 19 Apr 2008 at 23:58

How can 12-18k be an average lol?

paradigm · 19 Apr 2008 at 23:59

IIRC, the national average a few yaers back was £24,000p/a.

Not sure how its been affected in recent times though.

Sparky · 19 Apr 2008 at 23:59

Its not open ended.The average UK wage is based on the country as a whole,ie the UK average.

Morba · 20 Apr 2008 at 00:02

CS||nuTs said:
Its not open ended.The average UK wage is based on the country as a whole,ie the UK average.

so if you want the official average, go look it up.
or are you asking what people think is average in terms of 'liveable'?
if the latter, then it will be skewed by peoples debts (inc mortgage) and repayments.

Sparky · 20 Apr 2008 at 00:03

Yes sorry should have been more descript in the original post.

Cambofrog · 20 Apr 2008 at 00:04

Here are some statistics upto 2007.

Beware of "Lies, damned lies, and statistics" though, it is a government site

EDIT: so according to the linked stats, the yearly median was £23,000 - £24,000 in November 2007

Nitefly · 20 Apr 2008 at 00:06

I would estimate ~£20,000pa, on pure speculation

RandomTom · 20 Apr 2008 at 00:06

I don't want to work for less than £20k, my guess is that's about average.

Vonhelmet · 20 Apr 2008 at 00:06

CS||nuTs said:
How can 12-18k be an average lol?

Read my post. I said I'd heard "anything from" 12k to 18k meaning that I'd heard the average cited variously as being 12k on one occasion, 18k on another, and a couple in between as well.

Vonhelmet · 20 Apr 2008 at 00:07

Morba said:
so if you want the official average, go look it up.
or are you asking what people think is average in terms of 'liveable'?
if the latter, then it will be skewed by peoples debts (inc mortgage) and repayments.

I think a reasonable estimate of a living wage is about £25k, from what I've read.

Most people in the country don't make that.

Bigsy · 20 Apr 2008 at 00:11

I remember having to research this a year or two ago. IIRC discounting London completely, average was 24k, median 22k.

RandomTom · 20 Apr 2008 at 00:12

Just as a random calculation for you, if minimum wage is £5.52, there are 8 hours in a working day and 252 working days a year then you'd earn a salary of £11,128 pre-tax, that's quite shocking, surprised it's that low.

Vulcan · 20 Apr 2008 at 00:15

vonhelmet said:
Read my post. I said I'd heard "anything from" 12k to 18k meaning that I'd heard the average cited variously as being 12k on one occasion, 18k on another, and a couple in between as well.

Yeah, but 12K is around minium wage, so it's hardly going to be from 12K.

Sparky · 20 Apr 2008 at 00:16

*****i didnt know the minimum wage was so low.I would not work for that i would rather join the Jeremy Kyle Brigade.

Nitefly · 20 Apr 2008 at 00:19

CS||nuTs said:
snip

I'd make a swift ninja edit there!

Its not that suprising really.