Hi! Just curious what the average wage is in London as opposed to the actual minimum wage of 5.50 GBP. Thanks for any help!
2007-10-07 11:46:21 · 7 answers · asked by Anonymous in Travel ➔ United Kingdom ➔ London
HA HA,,your having a laugh the minimum wage is NOT 5.50! if your over 22 then the minimum wage is still only 5.22 id your under 22 its 4.60 and of your under 18 its 3.40!..But most hourly work in london is about 5.50 - thats is its somewhere being paid by thr hour so i guess it would just be a shop,,,but salarys in london rage anything from 13,000 a year for a shop job so 45,000 if you work in the city... i have to say it is myth and legend you get paid more in london!! TRUST ME!! i live here.....but still depends wat kinda job yur tlking --- so bog standard job = 200pound a week,, city job = 500pound a week...some parts of london are some of the most run down and poor places in the UK
2007-10-07 13:11:28 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Beware the figures are the mean average. As there are a few very high earners in London, this boosts the average figures considerably. The minimum wage is far more common.
Something like 8% of wage earners, earn more than the other 92% combined.
2007-10-07 12:03:55 · answer #2 · answered by dave 4 · 0⤊ 0⤋
As others have said there is a danger in averages as London has great extremes of wealth and poverty both of which are hidden by the average - ie if you have 5 people earning £100,000 and 5 people earning £10,000 the average is £55,000 which doesn reflect either's pay. Its generally far better to go for the median pay which in London is £572 a week or just under £30,000 a year.
2007-10-08 01:55:25 · answer #3 · answered by lukee 5 · 1⤊ 0⤋
the annual wage should be about £30,000 but with London financial boom it is somthing like £50,000 now. the average hourly wage is about £5.34 an hour for the whole country but there are people calling for londons average wage to increase to £6.50 at the expence of the north-east.
2007-10-07 23:00:51 · answer #4 · answered by J 3 · 0⤊ 0⤋
London as a results of fact the US dollar is down in basic terms like pass over u . s . whilst she fell contained in the pass over Universe opposition. The Euro is above us right here in united states of america genuine now. California is not extra inexpensive than London. yet even so it relies upon on the place in London you would be residing and the place in California you are attempting stay.
2017-01-03 06:30:25 · answer #5 · answered by linares 4 · 0⤊ 0⤋
The best bet is to buy a daily London newspaper and look in the jobs section. You can pick up most London papers on commuter trains (believe it or not).
2007-10-07 11:54:25 · answer #6 · answered by Zheia 6 · 0⤊ 0⤋
£30,000 a year. The rest of the country is supposed to be £25,000. Where the government get their figures from no idea.
2007-10-07 11:59:15 · answer #7 · answered by Jinxy 3 · 0⤊ 0⤋