Does mathematics count? • Research by National Research and Development Centre for adult literacy and numeracy. http://nrdc.org.uk/publications_details.asp?ID=16 • People leaving school with poor numeracy skills were in the lowest paid jobs. • http://www.thisismoney.co.uk/money/article-2269520/Best-paid-jobs-2012-Official-figures-nationalaverage-UK-salaries-400-occupations.html Does mathematics count? • Average salary at age 30 for people leaving school without good literacy or numeracy skills average hourly salary of: • £9.25 • Those with weak numeracy skills were in the lowest section of this group with an average hourly salary of • £7 • What difference would this make in a lifetime? 9.25 – 7 = 2.25 2.25 x 40 x 52 = £4680 per year 4680 x 40 = £ 187 200 per working lifetime. Does mathematics count? • Average UK Salary is 23 500 7 x 40 x 52 = £14 560 Difference per year 23 500 – 14 560 = £8940 8940 x 40 = £ 357 600 per working lifetime. Does mathematics count? • Average Salary for Health care professional is approximately £48 000 7 x 40 x 52 = £14 560 Difference per year 48 000 - 23 500 = £33 440 33 440 x 40 = £ 1 337 600 per working lifetime. £1 337 600 Does mathematics count? • So YES it is equivalent to winning the lottery!
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