University graduates in the UK earn on average around £10,000 more than undergraduates in their careers. However, if someone has decided not to enter higher education, it is likely they have entered the world of work a few years prior to university students. This generally means they have been earning a salary for a few years longer – so you do not always need to be university educated, in order to build a good career.
This also depends on which type of course a student has decided to pursue and whether it matches their job prospects after graduation.
Either way, the average earnings in the UK increase, when correlating to post grad education depending on the industry.
The legal age to earn money is technically 13 years old, however strict rules apply when young people under 16 can work. If you are aged 13-16, you are not allowed to work during school hours and you can work for a maximum of two hours on a school day or a Sunday.
As you accrue more experience in the workplace, your value increases as an employee. This increase should also apply to your salary over time. Although there is a direct correlation between age and salary, different variables also apply to how much you earn, as we have outlined. The average earnings by age in the UK are as follows:
While graduates continue to benefit with higher wages, we hope the list below provides you with an idea of the average earnings based on the most popular industries.
Marketing Manager: £40,000
Sales Manager: £42,000
HR Administrator: £24,000
Data Analyst: £35,000
Dentist: £70,000
Nurse: £30,000
Secretary: £22,000
Accountant: £30,000
Hair Stylist: £25,000
Teaching Assistant: £18,000
Chef: £25,000
When applying for a new job, or assessing your current pay, it is useful to have an idea of the basic going rate for the salary in your field.
Take the time to do your own research and stay updated with the shifting economy. Consider your own background and experiences, while negotiating or researching the average pay – certain factors like age and experience are variables which may tip the scale in terms of salary expectations, but the more clued in you are about your chosen industry, the easier it will be to know if you are being paid a fair wage.
Boost your salary with our professional CV template here.
Learn how to negotiate your salary here.