Actuaries, economists and statisticians vs Biochemists and biomedical scientists Salary

How do Actuaries, economists and statisticians and Biochemists and biomedical scientists salaries compare in the UK? Here is a detailed side-by-side breakdown using the latest ONS data.

Actuaries, economists and statisticians earns £5,786 more per year (13% higher)

Actuaries, economists and statisticians

£50,750
per year (gross)
Take-home: £39,992
vs

Biochemists and biomedical scientists

£44,964
per year (gross)
Take-home: £35,894

Detailed Comparison

MetricActuaries, economists and statisticiansBiochemists and biomedical scientistsDifference
Median Annual£50,750£44,964+£5,786
Mean Annual£60,852£48,246+£12,606
Take-Home (Net)£39,992£35,894+£4,098
Monthly (Gross)£4,229£3,747+£482
Weekly (Gross)£976£865+£111
Hourly£24.40£21.62+£2.78

Salary Range Comparison

PercentileActuaries, economists and statisticiansBiochemists and biomedical scientists
10th (Entry)£32,670£26,888
25th£40,591£34,173
50th (Median)£50,750£44,964
75th£74,012£55,452
90th (Senior)£0£0

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Frequently Asked Questions

Who earns more, a Actuaries, economists and statisticians or a Biochemists and biomedical scientists?
A Actuaries, economists and statisticians earns more. The median salary for a Actuaries, economists and statisticians is £50,750, whilst a Biochemists and biomedical scientists earns £44,964 — a difference of £5,786 per year.
What is the salary difference between a Actuaries, economists and statisticians and a Biochemists and biomedical scientists?
The difference is £5,786 per year. Actuaries, economists and statisticians is the higher-paid role.
What is the take-home pay difference?
After tax and National Insurance, a Actuaries, economists and statisticians takes home approximately £39,992 per year, whilst a Biochemists and biomedical scientists takes home £35,894. The net difference is £4,098.
Should I become a Actuaries, economists and statisticians or a Biochemists and biomedical scientists?
From a salary perspective, Actuaries, economists and statisticians offers higher median pay. However, career choice depends on many factors including interests, qualifications, work-life balance and long-term prospects.

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