In 2023, the mean weekly gross earnings in the financial and insurance activities sector in the United Kingdom (UK) earned by men working full-time were 1,295.4 British pounds, whereas for female full-time employees, the mean pay was 995.3 British pounds per week. In part-time positions, women earned 428.2 British pounds, which was moderately higher than the weekly earnings of men working part-time.
Mean weekly gross earnings in the financial and insurance sector in the United Kingdom (UK) in 2023, by gender and employment status
(in GBP)
The source added the following information "Mean - the mean is a measure of the average which is derived by summing the values for a given sample, and then dividing the sum by the number of observations (i.e. jobs) in the sample. In earnings distributions, the mean can be disproportionately influenced by a relatively small number of high-paying jobs."
The source provides further information: data for "employees on adult rates whose pay for the survey pay-period was not affected by absence."
ASHE is based on a 1% sample of employee jobs taken from HM Revenue and Customs (HMRC) Pay As You Earn (PAYE) records. Information on earnings and hours is obtained from employers and treated confidentially. ASHE does not cover the self-employed nor does it cover employees not paid during the reference period.
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Office for National Statistics (UK). (November 1, 2023). Mean weekly gross earnings in the financial and insurance sector in the United Kingdom (UK) in 2023, by gender and employment status (in GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/421910/mean-weekly-earnings-finance-insurance-males-females-full-part-time/
Office for National Statistics (UK). "Mean weekly gross earnings in the financial and insurance sector in the United Kingdom (UK) in 2023, by gender and employment status (in GBP)." Chart. November 1, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/421910/mean-weekly-earnings-finance-insurance-males-females-full-part-time/
Office for National Statistics (UK). (2023). Mean weekly gross earnings in the financial and insurance sector in the United Kingdom (UK) in 2023, by gender and employment status (in GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/421910/mean-weekly-earnings-finance-insurance-males-females-full-part-time/
Office for National Statistics (UK). "Mean Weekly Gross Earnings in The Financial and Insurance Sector in The United Kingdom (Uk) in 2023, by Gender and Employment Status (in Gbp)." Statista, Statista Inc., 1 Nov 2023, https://www.statista.com/statistics/421910/mean-weekly-earnings-finance-insurance-males-females-full-part-time/
Office for National Statistics (UK), Mean weekly gross earnings in the financial and insurance sector in the United Kingdom (UK) in 2023, by gender and employment status (in GBP) Statista, https://www.statista.com/statistics/421910/mean-weekly-earnings-finance-insurance-males-females-full-part-time/ (last visited November 21, 2024)
Mean weekly gross earnings in the financial and insurance sector in the United Kingdom (UK) in 2023, by gender and employment status (in GBP) [Graph], Office for National Statistics (UK), November 1, 2023. [Online]. Available: https://www.statista.com/statistics/421910/mean-weekly-earnings-finance-insurance-males-females-full-part-time/
