Actuaries, economists and statisticians vs Purchasing managers and directors Salary

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

Purchasing managers and directors earns £8,714 more per year (17% higher)

Actuaries, economists and statisticians

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

Purchasing managers and directors

£59,464
per year (gross)
Take-home: £45,047

Detailed Comparison

MetricActuaries, economists and statisticiansPurchasing managers and directorsDifference
Median Annual£50,750£59,464-£8,714
Mean Annual£60,852£62,204-£1,352
Take-Home (Net)£39,992£45,047-£5,055
Monthly (Gross)£4,229£4,955-£726
Weekly (Gross)£976£1,144-£168
Hourly£24.40£28.59-£4.19

Salary Range Comparison

PercentileActuaries, economists and statisticiansPurchasing managers and directors
10th (Entry)£32,670£31,444
25th£40,591£43,367
50th (Median)£50,750£59,464
75th£74,012£78,781
90th (Senior)£0£0

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Frequently Asked Questions

Who earns more, a Actuaries, economists and statisticians or a Purchasing managers and directors?
A Purchasing managers and directors earns more. The median salary for a Actuaries, economists and statisticians is £50,750, whilst a Purchasing managers and directors earns £59,464 — a difference of £8,714 per year.
What is the salary difference between a Actuaries, economists and statisticians and a Purchasing managers and directors?
The difference is £8,714 per year. Purchasing managers and directors 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 Purchasing managers and directors takes home £45,047. The net difference is £5,055.
Should I become a Actuaries, economists and statisticians or a Purchasing managers and directors?
From a salary perspective, Purchasing managers and directors 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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