It showed that the average UK salary for a full-time employee is £27,000 and that those residing in the capital take home the most money with a monthly average of £2,925.

The full figures from the research based on age are as below:

Late teens: £15,240- 16,332 Monthly: £1,270–£1,361
Twenties: £21,948- £23,088 Monthly: £1,829–£1,924
Thirties: £27,972- £30,420 Monthly: £2,331–£2,535 (this is when the average salary for women peaks at £2,331)
Forties: £27,096- £33,960 Monthly: £2,258–£2,830 (this is when the average salary for men peaks at £2,830)

Whether you are bang on average, racing ahead of your peers or ‘lagging’ for your age according to these results – it’s important to keep some things in mind.

While there is no substitute for making serious money, there are certain company benefits that may be worth as much or more than a pay increase.

Revealed: what you should expect to be paid based on your age