A person working in Automotive in Wolverhampton typically earns around 54,300 GBP. Salaries range from 21,600 GBP (lowest average) to 135,000 GBP (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Automotive domain in Wolverhampton exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Automotive in Wolverhampton range from 21,600 GBP (starting average salary) to 135,000 GBP (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Automotive is 51,400 GBP, implying that half of the workforce in Wolverhampton earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Automotive in Wolverhampton earn less than 40,200 GBP, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 64,900 GBP, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Automotive in Wolverhampton. The analysis revealed that roughly 65% of all reported salaries fell within the range of 31,900 GBP to 57,900 GBP. Approximately 20% of salaries were below the 31,900 GBP mark, while 10% ranged from 57,900 GBP to 69,700 GBP. Only 5% of individuals earned a gross salary of 69,700 GBP or higher.