The National Living Wage (NLW) is paid to workers in the UK aged 25 and over. At the current rate, an NLW salary of 40 hours a week means you’d earn £348.80, giving you a monthly salary of £1,395.20 before tax and any applicable deductions.
Read moreWhat is the minimum monthly wage UK 2021?
From 1 April 2021, the National Living Wage will increase to £8.91 per hour. The National Minimum Wage will range from £4.30 to £8.36 per hour, depending on age and if the person employed is an apprentice. … National Minimum Wage. AgeMinimum Wage, per hour16-17£4.6218-20£6.5621-22£8.36Apprentice*£4.15National Living Wage and National Minimum Wage 2021/22 www.chiene.co.uk › Our Expertise › Payroll and pensions auto-enrolment
Read moreWhat is the basic salary in UK?
Current and new rates Wage bandCurrent rateRate from 1 April 2022Age 23 and over (National Living Wage)£8.91£9.50Age 21 to 22£8.36£9.18Age 18 to 20£6.56£6.83Under 18£4.62£4.81What is the minimum wage: National Minimum Wage entitlement – Acas www.acas.org.uk › national-minimum-wage-entitlement
Read moreWhat is the average salary in the UK 2020?
Median annual earnings for full-time employees in the United Kingdom from 1999 to 2021 (in GBP) CharacteristicAverage earnings in GBP202131,285202031,487201930,378201829,559Average annual earnings for full-time employees in the UK 1999-2021 www.statista.com › Economy & Politics › Economy
Read moreWhat is the decent salary in UK?
A net monthly salary between £2,500 and £3,000 is considered a decent salary. This corresponds to the gross annual salary above £40,000. Everyone getting between £3,300 and £4,000 gross per month is a good earner.
Read more