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pleiades's avatar

In the U.K. what is the median of minimum wage?

Asked by pleiades (6597points) November 14th, 2013

As asked!

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6 Answers

janbb's avatar

Do you mean what is the minimum wage or what is the median of all wages? The minimum wage would be only one value not a median.

Smitha's avatar

According to BBC reports:

The most authoritative data comes from the Annual Survey of Hours and Earnings 2012 by the Office for National Statistics.

It shows that median weekly earnings before tax were £506 in the year to April 2012. Men earned £546 a week, while women earned £449.

Median annual earnings were £26,500.

However, there was substantial variation across the UK. The highest median weekly earnings were in London, at £653. The lowest were in Wales, at £453.

pleiades's avatar

@janbb I just assumed different cities had different minimum wages. So I wanted to know the median of all that combined. That’s all

janbb's avatar

@pleiades Aha – then it makes sense but I would be fairly sure that minimum wage in the UK is set nationally.

rojo's avatar

@ucme thanks for the charts.

I notice that the rates vary by age, which will help an older person forced into a lower paying job due to economic distress vs a younger person just starting out in the job market.
And that the rates have gone up each year, I assume because of inflation.
Interesting socialist concepts.

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