Showing posts with label What does average salary mean?. Show all posts
Showing posts with label What does average salary mean?. Show all posts

Thursday, September 27, 2007

What does average salary mean?

Average salary gives you a general idea of earnings you would expect in this profession. It is presented here in annual terms, or in other words, the average earnings in an entire year for a particular profession.
Average salary has been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual salary has been directly calculated from reported survey data.