What is the average salary in UK?

1. What will the average salary in the UK be in the years 2021 and 2022?

The Office for National Statistics (ONS) reported that in 2021, the average full-time wage in the UK was £38,131, while the average pay for a part-time position was £13,549. This is a modest decline from the average income in the UK in 2020, which set the average compensation for a full-time position in the UK at £38,552 and the average wage for part-time work in the UK at £13,819.

The median annual wage for full-time job came in at £31,285 in comparison to £11,310 for part-time work. This is a decrease from the previous year. This is in comparison to £31,487 and, accordingly, £11,240 in the year 2020.

This decline may be partially attributed to the fact that COVID-19 will have a greater impact on yearly pay for the year that ends in April 2021, while it would have only had an impact on two months' worth of compensation for the year that ends in April 2020.

It is important to keep in mind that the median pay in the UK is a more accurate statistic to use when comparing your own compensation to that of others in the country since it is less prone to being influenced by a small number of individuals earning a significant amount of money. The median is the pay that is located squarely in the center of all the other incomes. It is a genuine "middlepoint" against which you may assess your own earnings, in contrast to the average, which is impacted by the 10% of people who make more than £62,645 annually.

2. The Average UK Salary in 2021, Including the Top 10 Jobs with the Highest Pay

The estimates provided by the ONS indicate that chief executives will once again bring in the highest salary in the year 2021. The annual wage range for chief executives is between £73,805 and £111,020, with the typical income falling somewhere in the middle.

The second highest paid occupation was that of legal experts, with an average income of £85,821 and a median salary of £69,514.

You may see the ONS list of occupations that pay the most below, or you can search for jobs based on their salaries on our specialized website!

The Company's Top Executives

Members of the legal profession (e.g. Lawyers)

the directors of marketing and sales

Pilots and flight engineers on board an aircraft

Brokers | Stockbrokers

Those in charge of finances

Conductors of trains

Directors of Information Technology and Heads of Telecommunications

Doctors

Senior members of the police force

3. The UK's Average Salary in 2021 and the Pay Gap Between Men and Women

The Typical Income Earned Working Full-Time

£38,131

The Typical Income From Part-Time Work

£13,549

Gender Pay Gap

15.4 percent

The wage gap between men and women is continuing its decreasing trend.

The gender pay gap, which is the difference between men's and women's hourly wages expressed as a percentage of men's earnings, maintains its decreasing trend in the UK, which is excellent news. It has decreased from 28 percent to 16 percent for all workers during the course of the previous quarter of a century, and it has decreased from 18 percent to 8 percent for full-time employees.

In light of the fact that COVID-19 had an impact on the statistics for 2020, the ONS suggests that attention be paid to the trend over a longer period of time.

The wage difference between men and women among all workers was 15.4 percent in 2021, an increase from 14.9 percent in 2020. Despite this, the number is still lower than it was in 2019 before the epidemic (17.4 percent).

A similar trend can be seen in the gender pay gap for full-time workers, which increased to 7.9 percent in 2021 from 7.0 percent in the previous year, 2020. This is much lower than the 9.0 percent that was recorded in 2019.

As a result, we are able to observe that the wage gap between men and women, including full-time workers, is continuing its trend of narrowing.