Actuaries, economists and statisticians vs Mechanical engineers Salary
How do Actuaries, economists and statisticians and Mechanical engineers salaries compare in the UK? Here is a detailed side-by-side breakdown using the latest ONS data.
Actuaries, economists and statisticians earns £751 more per year (2% higher)
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Detailed Comparison
| Metric | Actuaries, economists and statisticians | Mechanical engineers | Difference |
|---|---|---|---|
| Median Annual | £50,750 | £49,999 | +£751 |
| Mean Annual | £60,852 | £53,850 | +£7,002 |
| Take-Home (Net) | £39,992 | £39,519 | +£473 |
| Monthly (Gross) | £4,229 | £4,167 | +£62 |
| Weekly (Gross) | £976 | £962 | +£14 |
| Hourly | £24.40 | £24.04 | +£0.36 |
Salary Range Comparison
| Percentile | Actuaries, economists and statisticians | Mechanical engineers |
|---|---|---|
| 10th (Entry) | £32,670 | £31,219 |
| 25th | £40,591 | £40,001 |
| 50th (Median) | £50,750 | £49,999 |
| 75th | £74,012 | £62,548 |
| 90th (Senior) | £0 | £0 |
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Frequently Asked Questions
Who earns more, a Actuaries, economists and statisticians or a Mechanical engineers?
A Actuaries, economists and statisticians earns more. The median salary for a Actuaries, economists and statisticians is £50,750, whilst a Mechanical engineers earns £49,999 — a difference of £751 per year.
What is the salary difference between a Actuaries, economists and statisticians and a Mechanical engineers?
The difference is £751 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 Mechanical engineers takes home £39,519. The net difference is £473.
Should I become a Actuaries, economists and statisticians or a Mechanical engineers?
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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