18k a year is sod all, if i was he i would leave set up on my own and take as many custys as i could get with me
EXACTLY! £18K is not enough to keep anyone with half a brain. The national average wage is £26K.
come on averages mean nothing that takes all the mega money wages into consideration which tops up the lower incomes its a load of rubbish.
Not quite so and very relevant to this question:
"Average" is a much misused word, as it can mean one of three things, mean, median and mode. So, when someone says "average" you need to be
VERY sure which one they are using.
Probably the most relevant one to use when looking at salaries is the median salary (unless you're a union leader trying to get your guys up to the "UK average", in which case use the mean, but don't tell anyone, as it'll help your case no end). The median is the amount where if you line up all the people in a sample in order of salary, it would be the midpoint. Or, to put it another way, it is the sum whereby half of all the sample earn more and half earn less. That gets rid of the skew you're mentioning above, Cleancare, as someone earning even a hundred billion a year (to be daft) would have no more effect on the median than someone earning ten pence more than the median.
And the relevant figures are:
Median income for all employees in the UK is £21K. £18K would put 60% of people earning more than you, 40% less. So, possibly not too bad a figure.
However, median income for all employees
in full time employment in the UK is £26K. In that line up, £18K would put 75% of people earning more than you and only 25% earning less. Which makes for a different story, perhaps.
and, finally, median income for a
male in full time employment is £28K. Then £18K would put around 82% of people earning more than you and 18% earning less. Which makes for a VERY different story indeed.
All figures from the Office for National Statistics. All figures for 2011.
So, Richy, to put it simply, at £18K, your guy is earning less cash than 82% of the UK male population in full-time employment. If that helps you make an informed decision, all to the good. There isn't a breakdown for skilled/unskilled, so you might think that's OK.
Sorry for the detail, but it's important. I
know I'll get flamed for it and told that you can prove anything with statistics, but how can you make decisions without facts?
Cue Rain Man comments.
Vin