Economics CPD Courses

Economics CPD Courses Coming up this Term!- Book Your Places Now!

WOW! Economics 2015   |   Quantitative Methods (New Spec)

Economics Resources Popular resources on the {my channel} blogPopular resources on the {my channel} blog Economics revision quizzes Resource tags for the blog RSS Feed for the blog Twitter feed for this blog Teacher Email Resource Newsletter Category listing for this blog Economics Blog home page Economics Blog Home Page

Tracker Pixel for Entry

How much does an Economist get paid?

Thursday, August 05, 2010
Print Tweet This!Save to Favorites

A brief follow up to Richard’s recent blog post on economics as a career option

So how much does an economist get paid? I have often fielded this question from students expressing an interest in sacrificing themselves for the benefit of the economics profession! The latest annual survey from the Society of Business Economists provides some evidence!

Let us start with the bonuses! The SBE report finds that the average bonus was £30,500 compared with 44,700 pounds a year earlier. The top earner was an asset-management employee who got £550,000 down from the 1.5 million pounds clinched by an investment-bank worker in the 2009 survey.

The median annual base salary rose 2.8 percent from a year earlier to £80,000 and median total cash compensation came in at £90,000. Cash compensation is made up of salary + bonus + share awards. Mean total cash compensation is highest for economists working in investment banking (£247,100).

It seems that earnings for economists have held up pretty well during the recession. But a word of caution - the sample size for the survey was only 90 people. Economists appear to have become less keen to contribute to the survey during this time of financial distress. And there are fewer economists in post as labour shedding has taken place in the financial services industry.

Academic economists do not fare well in this survey - earning on average £49,800 per year with economists in government on £62,600. This data does not take into account entitlement to and contributions made to any final salary pensionm schemes.

More here from the Independent

Economics CPD Courses in June 2014

Economics CPD Courses in June 2014 - Book Your Places Now!

ETNC 2014   | New to AS & A2 Economics | WOW! Economics 2014

tutor2u online store

PowerPoint Lesson Activities Teacher Conferences & CPD Courses
Exam Coaching & Revision Workshops Pre-release Case Study Toolkits
A Level Economics Teaching Support Resources for Business Studies
Digital Magazines  

Enter your Email

WOW! Economics 2015

Dates and Locations announced for WOW! Economics 2015

AS, A2 & IB Economics Revision Notes

Latest resources

Resource categories Blog RSS feed Blog RSS Feed

© Copyright Tutor2u Limited 2013 All Rights Reserved