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Economist Salary

Change Country United Kingdom » Job » Economist Overview » Economist Salary
Updated: 15 May 2013
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Rated 4 out of 5 based on 8 Economist votes.
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Economist 2013 Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£25,210 - £70,508
(Median)
0
25K
39K
55K
71K
MEDIAN: £39,380
10%
50%
75%
90%
national salary data
National Salary Data

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£0£24K£48K£72K
Salary£24,798 - £66,061  
   
Bonus£0.00 - £10,161  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
£25,210 - £70,508  
PayScale
Country: United Kingdom | Currency: GBP | Updated: 15 May 2013 | Individuals Reporting: 100

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Job Description for Economist

Economists analyze government and economic data to predict and forecast economic trends in a region, country, or the entire world. They conduct research on various segments of an area's economy such as commodities, finance, labor, agriculture, and trade. After conducting the research, they use data complied in order to make forecasts and predictions concerning the state of the economy, and how to keep it growning and thriving.
Economists usually work for colleges, universities, think tanks, or government agencies. Economists usually have a normal schedule, but like many researchers it may require working beyond the regular 8-5 work schedule. And like most researchers in the academic and government realm, a post-secondary degree (a Master's or a Doctorate) is required in Economics or Business in order to be a respected economists.
Some respected economists with years of experience, take jobs in the media realm as to give information about consumer affairs, and the state of the local and regional economies. They do commentary on decisions that government or local companies make and how it can effect their business or their economies as a whole.
As some economists do work in the media, most do work in the educational or government sectors. They use their research to advise government officials to make decisions that are best for the economy as a whole. They advise government officials about the effects of raising or cutting taxes, spending or cutting budgets, or certain policies in order to help the economy growing.
Economist Tasks
  • Compile reports and illustrations of research findings.
  • Devise methods for data collection, sampling, and processing in regard to finance, labor, agriculture, commodities, trade, etc.
  • Design and conduct research to identify trends, formulate forecast models.
  • Advise the government, agencies, corporations, and/or banks about the adoption of financial policies.
Read more about: Economists
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company salaries
Companies and Industries for Economist Salaries

Popular Industries

Salary Range

Consulting£25,478 - £61,625
Business Research, Analysis, and Advisory Services£26,595 - £65,113
Banking£26,661 - £65,146
Government£25,771 - £61,788
Investment Banking£30,971 - £79,986
Popular Employers

Salary Range

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key statistics
Key Statistics for Economist Salaries and Jobs

Female
32%
female alumni
 
Male
68%
male alumni
Salary:£30,714 - £42,500 £29,093 - £54,941
Years of Experience
Less than 1 year
12%
1-4 years
51%
5-9 years
27%
10-19 years
6%
20 years or more
4%
Top Degrees

Salary Range

Most Common Health Benefits
medical benefits Medical: 48% dental benefits Dental: 15%
vision benefits Vision: 14% employee benefits None: 46%

alumni reports
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