Average wages in England

England is one of the most prosperous European countries in terms of income of the indigenous population and migrants. Despite the political changes (in 2016, Britain left the European Union), the average level of wages continues to grow - now it hovers around £ 30,000 sterling per year. That said, the cost of living in the UK is also higher than in many other European countries.

Economic situation and incomes of the population today

According to the latest data from the National Statistical Office of England, 75% of the working-age population of the country between the ages of 16 and 64 has official positions - this is about 32 million people. Unemployment in the UK is now hovering around 4,2–4,3%... The number of unemployed has decreased over the past two years for 75,000, now it is 1.46 million people.

The average salary in England by Russian standards is very high - about £ 28,000 sterling per year. In terms of rubles, this is almost 2.5 million... The minimum income under English law cannot be lower 15 600 lbs per year (a little less than one and a half million rubles). Every quarter, the average salary increases by about 1,4-2,1%.

In this case, the British are required to pay income tax (from 20 to 45%), insurance contributions to the National Fund, as well as purchase more expensive than in Russia, food, clothing, utilities, etc.

Salary per month by occupation in 2021

According to the latest figures from the UK Statistical Office, representatives of the most popular professions receive the following average salaries:

Minimum

The minimum level of earnings in England is fixed by law - 15 600 pounds per year. This figure is valid for workers who work a standard work week of 40 hours. The maximum length of a working week in England is 48 hours. Employees who work longer than usual receive a higher salary - minimum 18,720 lbs sterling per year.

The hourly rates for workers who work part-time are also clearly regulated:

Average

According to the statistics department of the country, on average, the British receive £ 27,721 per year (502 per week or 2 310 per month). These are numbers before taxes, insurance premiums and other recurring payments are deducted. Recruiting agency Monster clarifies that earnings depend on the length of service, the size of the company and its territorial location. Thus, young employees who work for less than a year receive on average 20,442 lb, and specialists with twenty years of experience - 38,731 lb... Small firms with fewer than 10 employees pay workers an average of £ 25,028, and large holdings (over 50,000 employees) – 40,307 lbs... It is also noted that men, on average, receive 17% more than women.

Average starting (including for foreigners)

Salaries at starting positions in Britain are quite low - both for local residents and for labor migrants. It is legally established that the employer has the right to pay interns 3.5 lbs per chaWith. This is almost half the hourly rate of more experienced employees. Employees usually receive an internship salary for no longer than a year, then they go to the middle income level.

If an employee with no experience works full time (40 hours), he will receive an amount not less than the statutory minimum wage - 15 600 lbs... If the length of the week increases, so will income.

Maximum

The maximum salary in Britain varies by industry and place of work.

The most profitable jobs in England:

• financial sector;
• Computer techologies;
• building;
• production;
• retail;
• educational services.

Labor remuneration by city and region

The highest level of salaries in all areas is in London. In some industries, the difference between metropolitan and peripheral wages reaches 30, or even 50%.

Also, a high level of income among residents of other large cities in Britain:

• Birmingham;
• Liverpool;
• Sheffield;
• Leicester;
• Leeds;
• Coventry.

So, a London broker can receive up to 150,000 pounds sterling per year, while the salary of a waiter in a provincial suburb will be 20 times less - 7500 lbs.

Payroll taxes

The fees that the British are required to pay on their income can be divided into two categories:

• income tax;
• deductions for compulsory insurance.

Income tax

Income tax is paid on income in excess of the minimum non-taxable amount. It is now set at the level 11,500 lbs sterling and is indexed annually to the inflation rate.

Income tax in England is now calculated as follows:

The British pay income tax not only on their salaries, but also on the money they receive from the rent of their premises, from pensions and some other benefits. All this, the British or migrants working in the country are required to notify the local tax authorities.

Insurance premiums

Also in England there is a progressive scale of insurance premiums that employees must pay to the National Insurance Fund. The payment depends on the amount of earnings and varies from 2 to 12 percent.

In the same fund, the British can make voluntary contributions for pensions. People who receive income below the amount established by the state are exempted from paying such fees. Upon retirement, such an employee will receive an allowance from the funds with which he paid income tax.

Other taxes:

• Capital gains tax.
• Unified social tax.
• VAT.
• Corporate tax. This is a tax on corporate income. Bonuses that the employer can give to his employees (for example, a company car or gasoline, bonuses, housing, etc.) are also taxed.
• Stamp duty. Calculated from the purchase or sale of stocks, bonds, and other securities. Its fixed rate 0,5%.
• Excise tax. This is the "business tax". Superimposed on alcohol, gasoline, cigarettes, gambling.
• Inheritance tax. This type involves taxing the property or money of a deceased relative. It is paid by his heir.

There is no separate item of payments for medical care in England. The National Health Service, which deals with health insurance, also deducts a portion of the income tax.

The ratio of salary and living expenses

With high income levels, the cost of essential goods in England is one of the highest in Europe.

According to statistics, housing and food can take up to 80% Englishman's income:

• nutrition - 300 to 450 lbs (in terms of Russian rubles, a chicken in England costs 400 rubles, a dozen eggs - 250 r., smoked sausage - 1200 RUR., salmon - 1000 r.);
• travel - 100 lbs (a monthly subscription in London costs 9,600 rubles);
• rental of property - 1000 lbs;
• communal payments - 120 lbs.

In total, the average Englishman spends about 1670 lbs a month or almost 20,000 per year... If you add taxes and insurance premiums here, the amount of mandatory payments can completely cover the salary. Therefore, it can be quite difficult to save up for a trip or a car.

Unemployment Rate and Prospects for Migrants

In terms of unemployment, a contradictory situation is developing in England. On the one hand, the number of unemployed locals is now at a record low since 1975 - about 4.2-4.3% able-bodied population. Employers note that they feel a shortage of qualified workers and are ready to recruit them, including from among foreign specialists.

On the other hand, a high level of foreign job seekers, including from third world countries, can lead to a decrease in the average salary level. After all, labor migrants are ready to work for much less money than the native British, especially in unskilled positions. This can negatively affect the country's economy as a whole.

The UK is one of the most attractive countries for labor immigrants. However, those wishing to move to the country for work should soberly assess their own potential and employment prospects for the desired position.