ONS chart real earnings in the UK 2004 - 2014

The ONS recently published the Annual UK Survey of Hours and Earnings (ASHE) which covers private and public sectors, there are some interesting insights into pay by region, sex and occupation.

The overall median full-time gross weekly earnings per employee for the UK was £518,  slightly up from £517 in 2013. As might be expected the highest median earnings were in London where earnings per employee were £660, in second place is the South East at £541 per week followed by Scotland. Public Sector full time median weekly earnings were £579 compared to the private sector at £493.

Since 1997 the top 10% of earners (over £1,024 per week) have been consistently earning 3.5 times more than the bottom 10%.

The average number of hours worked a week for full time employees has decreased from 40 in 1997 to 39.2 in 2014. Men in particular are working less overtime, overtime hours took a dive in 2008/9 and haven’t recovered to pre-recession levels. The decline in overtime affects men more than women as more of their pay is made up from overtime and incentive payments. Women’s hours have been relatively stable, on average 37.5 hours per week.

The full Annual Survey of Hours and Earnings (ASHE) data can be found on the ONS website

Time and attendance software can take the hassle out of calculating different rates of pay and automatically factor in overtime, incentive pay and sickness for payroll.

 

for more information about our solutions and products call 01761 410015 or email hello@chronologic.co.uk