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This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat . [ 1 ]
In September 2023, Joseph Rowntree Foundation calculated that a single adult in the UK in 2023 needs at least £29,500 a year to have an acceptable standard of living, up from £25,000 in 2022. Two partners with two children would need £50,000, compared to £44,500 in 2022. 29% of the UK population – which works out to 19.2 million people ...
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).
This is a list of largest United Kingdom employers. There are four main kinds of employers, public sector bodies; public listed companies (plc) such as those on the FTSE 100; private companies (ltd), partnerships (often LLP) or other traders; charitable sector organisations
Inequality in the UK has been very high in the past, and did not change much until the onset of industrialization. Incomes used to be remarkably concentrated pre-industrial evolution: up to 40% of total income went into the pockets of the richest 5%. [49] In the more recent years income distribution is still an issue.
The three quartiles, resulting in four data divisions, are as follows: The first quartile (Q 1) is defined as the 25th percentile where lowest 25% data is below this point. It is also known as the lower quartile. The second quartile (Q 2) is the median of a data set; thus 50% of the data lies below this point.
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
List of regions of the United Kingdom by GRP per capita [2] Region Rank GRP per capita GRP per capita GRP per capita % of nationwide average United Kingdom — 36,500: 32,300: 43,100: 100,00: Inner London – West 1 213,400 188,900 244,789 567,96 Inner London – East 2 57,000 50,400 67,300 156,15 Berkshire, Buckinghamshire and Oxfordshire: 3