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Wages and salaries in the UK - Statistics & Facts

Talk amid politicians of increasing the national living wage has once again fueled discussion about the present model of personal income. Currently the disparity between the median full-time gross weekly salary of the lowest-paid occupations and for the highest-paid occupations demonstrates a substantial difference in earnings between the top and bottom income groups.

Data comparing the national living wage to the national minimum level illustrates that in the half decade prior to 2016, minimum wage was substantially lower than that of the living wage. This discrepancy is exacerbated when considering the same issue specifically to the London living wage compared to national minimum standards, whereby residents of London over the age of 21 earning minimum wage received 2.8 British pounds less per hour than the living wage for London.

The capital had the highest regional median hourly pay for full-time employees, with a considerable lead over any other region, although this would have been undoubtedly due to the higher rates of the living wage in London.

Data regarding the minimum wage for under 18's illustrates the trend of growth in pay for adolescents; compared to 2010, earners of this age in 2017 received 41 pence more per hour. Likewise, for those aged 18 to 20, minimum wage figures rose by 68 pence per hour. Yet the greatest rate of growth occurred in the minimum wage for those aged 21 to 24, this shows that since 2010, the hourly wage has increased by 1.12 British pounds.

The forecast annual change in wages and salaries in the UK is expected to undergo negative rates of growth until 2017; afterwards rates should recover and exceed 2015 levels, rising by 4.1 percent by 2020 and 2021. On average in both England and Scotland, 63 percent of household incomes were generated through wages and salaries. Wales had the lowest rate out of all four UK countries, at 58 percent. In London, an average of 71 percent of household incomes were generated by wages and salaries, with the lowest in the South West, at 56 percent.

Interesting statistics

In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Wages and salaries in the UK".

Earnings and wages in the UK

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Important key figures

The most important key figures provide you with a compact summary of the topic of "Wages and salaries in the UK" and take you straight to the corresponding statistics.

Minimum wage in the UK

Gender pay gap

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