Guide to UK Salaries - Are you being ripped off?

UK SALARIES We all like to monitor our salaries and compare them with the people in our industry... • But how does your salary measure up • with other industries? Should you be ARE YOU GETTING RIPPED OFF? : happy working for a company? or • looking to go it alone? WOMEN MEN LONDON £917 MEDIAN WEEKLY WAGE f545.80 £505.90 f448.60 TORRIDGE £348 AVERAGE WEEKLY WAGE WAGE DIFFERENCE BETWEEN MEN & WOMEN MENS HOURLY WAGES £16.50 2013 £11.71 MEN MAKE 9.6% 2012 £6.31 MORE THAN WOMEN (10.5% FULL TIME PART TIME MINIMUM WAGE (average) (average) (over 21) FREELANCING 70% 15% 60% 4.2 MILLION now work as freelancers £52,820 is the average take-home pay for a freelancer of freelancers put a shift in on the weekend of all freelancers of freelancers work A salaried professional in retail takes home £24,429. A freelancer in the same industry gets £35,170 earn more than the average UK salary more than 51 hours a week THREE TOP REASONS FOR THE GROWING FREELANCE POPULATION Engineers employed by a People's desire to be their own boss company earn between £35,000 and £40,000 a year. Freelancer engineers average £60,000. Major events such as redundancy The hope of improved work-life balance f120,830 AVERAGE YEARLY SALARIES 3.8% This figure is down 3.8% on the previous year's figures f69,741 £51.385 f46.834 f39.809 f33,709 f29,650 POLICE £3.021 STOP POLICE OFFICERS VETS OFFICE MANAGERS CHIEF EXECUTIVES GPs LOLLYPOP PERSON DENTISTS HOVERCRAFT OFFICERS SOURCES www.theguardian.com/news/datablog/2012/nov/22/pay-salaries-survey-ashe-ons www.gov.uk/national-minimum-wage-rates www.nhscareers.nhs.uk/explore-by-career/doctors/pay-for-doctors/ www.thisismoney.co.uk/money/article-2269520/Best-paid-jobs-2012-Official-figures-national-average-UK-salaries-400-occupations.html www.bbc.co.uk/news/business-20442666 www.businesszone.co.uk/topic/finances/becoming-self-employed-can-double-your-salary-finds-study/45253 www.marketstormglobal.com/marketstorm-global-Itd-freelancers-make-more-than-half-of-the-average-uk-income/ The Gap Partnership thegappartnership.com (3