Real terms FTE salary data
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Comparison of illustrative estimated Full-time equivalent (FTE) salaries to median annualised earnings, in nominal and real terms, for UK domiciled young (under 21 at start of course) first degree graduates.
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Data set details
- Theme
- Higher education
- Publication
- Graduate labour market outcomes (LEO)
- Release
- Tax year 2023-24
- Release type
- Number of rows
- 21
- Geographic levels
- National
- Indicators
- Lower quartile of nominal earnings
- Median nominal earnings
- Upper quartile of nominal earnings
- Filters
- Years after graduation
- Time period
- 2017-18 to 2023-24
Data set preview
| time_period | time_identifier | geographic_level | country_code | country_name | academic_year | yag | earnings_include | earnings_LQ | earnings_median | earnings_UQ | fte_salary_LQ | fte_salary_median | fte_salary_UQ | earnings_LQ_RTE | earnings_median_RTE | earnings_UQ_RTE | fte_salary_LQ_RTE | fte_salary_median_RTE | fte_salary_UQ_RTE |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 202324 | Tax year | National | K02000001 | United Kingdom | 2017/2018 | 5 YAG | 167060 | 26000 | 33700 | 44700 | 28000 | 36200 | 47900 | 20700 | 26900 | 35600 | 22300 | 28900 | 38200 |
| 202324 | Tax year | National | K02000001 | United Kingdom | 2019/2020 | 3 YAG | 161890 | 23800 | 29600 | 37700 | 25500 | 31900 | 40200 | 19000 | 23700 | 30100 | 20400 | 25500 | 32100 |
| 202324 | Tax year | National | K02000001 | United Kingdom | 2021/2022 | 1 YAG | 131060 | 20000 | 25300 | 31800 | 21200 | 27300 | 34000 | 16000 | 20200 | 25400 | 17000 | 21800 | 27200 |
| 202223 | Tax year | National | K02000001 | United Kingdom | 2016/2017 | 5 YAG | 163405 | 24800 | 32100 | 42700 | 26400 | 34600 | 45900 | 20600 | 26600 | 35400 | 21800 | 28700 | 38000 |
| 202223 | Tax year | National | K02000001 | United Kingdom | 2018/2019 | 3 YAG | 161100 | 22300 | 27700 | 35800 | 23900 | 30000 | 38200 | 18400 | 23000 | 29600 | 19800 | 24900 | 31600 |
Variables in this data set
| Variable name | Variable description |
|---|---|
| earnings_include | Graduates included in earnings figures |
| earnings_LQ | Lower quartile of nominal earnings |
| earnings_LQ_RTE | Lower quartile of real term earnings |
| earnings_median | Median nominal earnings |
| earnings_median_RTE | Median real term earnings |
Footnotes
- The adjustment for inflation used the 2017/18 tax year as a base year, hence real earnings in this year are presented as equal to nominal earnings. For 2018/19 to 2023/24 nominal earnings were adjusted using Consumer Price Index (CPIH) inflation rates at the end of each tax year relative to the end of the previous tax year.
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Contact us
If you have a specific enquiry about Real terms FTE salary data statistics and data:
Higher Education Graduate Outcomes Analysis
Email: he.leo@education.gov.ukContact name: Amy Wilson