Annual salaries range from £23,580 to £48,864. Below is the full range of pay both before and after tax:
| Lowest | Average | Upper | |
|---|---|---|---|
| Pre-tax | £23,580 (£1,965 p/mth) |
£32,508 (£2,709 p/mth) |
£48,864 (£4,072 p/mth) |
| Pre-tax Income Percentile | 49th | 69th | 87th |
| Post-tax | £19,572 (£1,631 p/mth) |
£25,644 (£2,137 p/mth) |
£36,756 (£3,063 p/mth) |
| Post-tax Income Percentile | 43rd | 63rd | 82nd |
| Percentage Tax Deduction | 17% | 21% | 25% |
Research and development engineers research and invent new engineering and manufacturing methods, and apply new knowledge and technologies to improve existing methods, thereby creating new business opportunities. In this way, they help increase manufacturing efficiency and bring new ideas to the market.
Compare the average salary of a research and development engineer to your salary:
Below are the range of mortgages typically affordable for a single applicant research and development engineer:
| Lowest | Average | Upper | |
|---|---|---|---|
| average gross salary | £23,583 | £32,512 | £48,859 |
| max mortgage | £106,124 | £146,304 | £219,866 |
| deposit paid | £11,792 | £16,256 | £24,430 |
| max purchase price | £117,916 | £162,560 | £244,296 |
| mortgage repayment p.mth (2.5%|25yr) | £481 | £664 | £997 |