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Work  My Money  Example Incomes
Example Incomes

Charts and graphs- example incomes in BritainThe UK has a very competitive job market so you may find that the amount of money you can earn will vary quite a lot from company to company.

The rules of the market usually apply so you will find that while your wage still depend on how much experience you have, it will also depend on how much demand there is for your specific skills in the UK workplace.

One crucial point to remember is that the minimum wage is £4.92 per hour if you are aged between 18 -20 years old and £5.93 if you are over, so never expect to be paid less than this.

To give you an idea of how much you can expect to get paid, here are some examples of the different incomes that UK residents earn. But remember that these are just general examples and not fixed amounts. Your employer may negotiate your salary (income) with you when discussing your job, or they may offer you a basic amount with an extra amount tied in to you achieving certain ‘targets’. When you see a job advertised with the amount followed by 'OTE' (On Target Earnings) it means that this rule applies.

Many people earn much more than the amounts shown below for all kinds of different jobs and some earn a lot less.

On average, in May 2010, public sector workers – people employed by the government- were paid £461 per week and private sector workers were paid an average of £418.

Examples 

 

 Health Proffessionals     

 £1, 019

 Corporate Managers

 £702

 Science and technology Proffessionals

 £670

 Engineers

 £600

 Banking and Finance

 £500

 Bricklayers

 £450

 Teachers

 £450

 Secretarial     

 £450

 Lorry Drivers

 £400

 Fitness Instructor

 £270

 Retail Sales

 £264

 Nurses

 £240

 Cleaners

 £204


Lots of people in the UK also work for themselves, they  are known as being ‘self-employed’. This makes it difficult to say exactly how much they earn each year. For example a fitness instructor earns £270 per week, as we have seen, but may then charge up to £100 per hour for personal training classes, this will boost their income considerably.

Indeed, working for yourself (being self-employed) in the UK is so easy that many people choose this path, see our self-employed article in 'Doing Business' for more information.

People in sales jobs can earn lots of extra money in commission, so, for example, an Estate Agent who earns a salary of £20,000 per year can increase their earnings considerably, sometimes even doubling it.

Overall you will find that incomes in the UK are high compared with many other countries and attract people from all over the world looking to take advantage of them.

The best way to get a clear idea of how much you will be earning when you start work is to register with some employment  agencies - known as ‘recruitment consultants’ - here in the UK.  You can do this online by visiting our “Find a…” section and by speaking to the agents on the telephone.

By John Hillman


busy
Last Updated ( Wednesday, 18 August 2010 )
 
Whilst all reasonable efforts have been made, the publisher makes no warranties that this information is accurate and up-to-date and will not be responsible for any errors or omissions in the information nor any consequences of any errors or omissions. Professional advice should be sought where appropriate. Copyright OKinUK Ltd August 2008

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