For full-time employees, the average salary is 33,000, while part-time employees earn an average wage of 12,247 (including gig economy workers). Bachelor's Degree Salary in United Kingdom | PayScale Low and high pay in the UK: 2022 Bulletin | Released 26 October 2022 The distribution of hourly earnings of high-paid jobs, low-paid jobs and jobs paid below the National Minimum Wage. The BBL had a salary cap in place, named the "Team Payments Cap", which limited teams to spend no more than 250,000 on player . In the U.K., the average salary in 2021 was about $38,291 when converted to dollars. As Brits, we rarely talk about salaries and how much we earn. UK full-time annual salary by region 2022 | Statista Other commentary from the latest labour market data can be found on these pages: Earnings and employment from Pay As You Earn Real Time Information, UK. The ratio is then referenced as an index with 2015 equals 100, and seasonally adjusted. Index of Labour Costs per Hour, UK: July to September 2020 Bulletin | Released 15 December 2020 Changes in the costs of employing labour, analysed by sector and industry. For as little as $3 per month, you can support Hoopsfix and it only takes a minute. Our How furlough and changes in the employee workforce have affected earnings growth during the coronavirus (COVID-19) pandemic, UK: 2020 to 2021 article looks in more detail at the impact of compositional effects on wage growth. Average salary UK - What is the average salary in the UK? - Cosmopolitan Weve broken this down by both full and part-time jobs. Arrears payments are reflected in estimates at the time they were paid, and not in the period they are awarded for, therefore backseries are not revised. Please do not hesitate to contact me. What is the Average UK Salary? 2023 - StandOut CV Another example would be men who work as construction project managers, who will typically earn an average of 12,836 more than women in the same role. The full breakdown of age groups and gender pay gap in the UK can be seen in the table below. Based on our global overseas basketball salaries study, this would put the BBL in the middle-tier pay grade of Europe. Comparison of labour market data sources Methodology | Last revised 27 April 2022 The strengths and weaknesses of the main data sources we use to produce the labour market figures, including the advantages of new administrative data sources and limitations of some of our published figures. We have funded Hoopsfix with our freelance work creating basketball media, but sadly that means not only does it fall behind our clients priorities, but some of those clients are the same organisations we need to report objectively on putting us in a conflicted position. Average : 2,837 Range : 158 - 50,921. With high-level overseas and NBA experience, one can only imagine the salaries these players were commanding. October 26, 2022. It should be noted that while $345,000 USD is the salary cap per team, there is no obligation for clubs to MAX out its payroll. BBL Recruitment salaries: How much does BBL Recruitment pay in the Average BBL Recruitment hourly pay ranges from approximately 12.49 per hour for Handy Man to 36.50 per hour for Building Manager. You only have access to basic statistics. Salary 20k 55k. When it comes to part-time work, the difference is in favour of female workers as they earn an average of 2.77% more. As mentioned, bakers saw the highest percentage decrease in earnings (-22.3%) out of all part-time employees and were the only workers to see a decrease of earnings above a fifth. Pay award arrears are collected separately on the questionnaire; this specifically covers earnings arising from a backdated pay increase, not late payment of overtime or bonuses. Are you interested in testing our business solutions? Earnings and working hours - Office for National Statistics data than referenced in the text. "Median annual earnings for full-time employees in the United Kingdom in 2022, by region (in GBP)." The survey response rate was 83%, so now back to the level seen in the months before the coronavirus (COVID-19) pandemic. If you want to cut straight to the chase without the background info, based on the British Basketball League salary cap being 250,000 (net), divide that by 12 players and you have an average of 20,833 per year British Basketball League salary. The British Basketball League salary cap - BBL TPC - was previously set at 250,000 per year in the 2021-22 season, up from 200,000 per year in 2018-19. In 2022, playworkers were once again found to have the lowest average earnings in the UK, taking home 6,925 per year, which is 3.4% more than 2021. Our recommended measure of inflation is CPIH. You can see the top five jobs where women earn more than men in the UK in the table below. This is likely due to marketing directors being responsible for paid marketing (advertising) more in recent years. The base effect refers to comparing two periods with different circumstances. Statista. Only 16 of the 333 roles analysed by the ONS have women earning more than men on average in the same roles. So why is the salary in the UK basketball league not as high as you would have hoped? Salary: Basketball Coach (April, 2023) | Glassdoor British Basketball League Salary (2022) - Hoopsfix.com So while teams such as the Lions, Eagles and Riders would seem almost certain to MAX it out, some teams are likely operating with a lower payroll. (October 26, 2022). Youve accepted all cookies. Please do not hesitate to contact me. Below you can see the highest-earning professions for both men and women in the UK in 2022. Hoopsfix awards: Who should be the WBBL MVP for 2022-23? After playworkers, bar staff were found to have the second-lowest average salary in the UK at 7,844, this is however 41.6% more than they were earning on average in 2021. A decrease in employee numbers in jobs that have lower pay can have an upward effect on average pay, and the other way around. The difference betweenprivate and public sector growth rates has narrowed in recent months. Per Hoopsfix - the leader in British Basketball coverage - the BBLs 2020 salary cap is currently set at $345,000 USD (250,000). The below chart shows the average full-time earnings since 2011 in the UK. This data is based on full-time earnings from the ONS. The real Average Weekly Earnings (AWE) is calculated as the non-seasonally adjusted AWE (shown in our accompanying dataset EARN02) divided by the Consumer Prices Index including owner occupiers' housing costs (CPIH), which is our preferred measure of consumer price inflation (as shown in our CPIH Index time series L522). Average weekly earnings in Great Britain: April 2023 Why do people leave their jobs? These data have been compiled using the CPI as a supplementary dataset to view alongside the headline estimates produced using the CPIH. We have a Team Payments Cap as we believe it is essential to the ongoing development of the BBL as a League, BBL Chief Operations Officer Andy Webb previously said. In December 2022 to February 2023, the finance and business services sector saw the largest regular growth rate at 8.3%, followed by the construction sector at 6.2% (Figure 5). It is worth understanding the difference between mean and median since the median will often be lower than the mean, as we have shown below: Statistic. Average UK salary by industry, age and education. - LinkedIn This is an increase of 6.7% compared to the same jobs annual median salary in 2021, and is 167.4% higher than 2022s average salary in the UK. View previous releases. According to a fascinating two-hour long interview with Hoopsfix, BBL Director and Sheffield Sharks Owner, Yuri Matischen, says the average British Basketball League salary would actually fall between $1,370 - $4,120 USD/per month (1,000 - 3,0000). Functional managers and directors also found themselves in the top ten highest-paid jobs in 2022, with an average salary of 57,337. You can see the full top ten highest paid jobs in the UK in the table below as well as a year-on-year (YoY) comparison to 2021: The most notable change from 2021s highest paid occupations was the movement of IT directors who jumped 11 places to third position, with an average salary of 68,912. Salary . The table below reveals the ten lowest paid jobs on average in the UK in 2022 which is largely unchanged compared to 2021 apart from fitness and wellbeing instructors entering the top ten. This section provides more detail around the methodology of the survey. There is currently no minimum salary in the British Basketball League. Mobile machine drivers, such as those responsible for tarmac surfacing, or pile driving, have the highest gender pay gap in the UK, where men are paid 57.99% more than women. What your skills are worth in the job market is constantly changing. Profit from the additional features of your individual account. Office for National Statistics (ONS), released 18 April 2023, ONS website, statistical bulletin,Average weekly earnings in Great Britain: April 2023, All content is available under the Open Government Licence v3.0, except where otherwise stated, /employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/april2023, Figure 1: Average weekly earnings for total pay were 638 and for regular pay were 596 in February 2023, showing a steady increase over time (except for early on in the coronavirus pandemic), Figure 2: Both real total and regular pay fell on the year, Figure 3: Inflation has been increasing, causing real pay growth rates to decrease, Figure 4: For the latest period the difference between the private and public sector is smaller than previous months, Figure 5: In the latest period the finance and business services sector saw the largest regular growth rate, Main points for December 2022 to February 2023, Analysis of average weekly earnings (AWE), Earnings and employment from Pay As You Earn Real Time Information, UK bulletin, X09: Real Average weekly earnings using Consumer price inflation, guide to labour market statistics methodology, Comparison of labour market data sources methodology, Consumer Prices Index including owner occupiers' housing costs (CPIH), as detailed in our methodology, Average weekly earnings quality and methodology information (QMI), How COVID-19 has impacted the Average Weekly Earnings data blog post, Average weekly earnings in Great Britain: May 2022 bulletin, How furlough and changes in the employee workforce have affected earnings growth during the coronavirus (COVID-19) pandemic, UK: 2020 to 2021 article, Measuring the data section of the Earnings and employment from Pay As You Earn Real Time Information, UK: May 2022 bulletin, Average weekly earnings in Great Britain: April 2021 bulletin, Government Statistical Service (GSS) guidance on releasing statistics in spreadsheets, A guide to labour market statistics methodology, Income and earnings statistics guide methodology, Government Statistical Service Income and earnings interactive dashboard, Index of Labour Costs per Hour, UK: July to September 2020, Average weekly earnings in Great Britain: April 2023, Explore the latest trends in employment, prices and trade in our. Ahead of the 2018-19 season, a change to the British Basketball League salary cap was made to exclude the top 2 earning British players on each team in an effort to retain British talent. The average salary in England was 39,452 for those working full-time, and 13,845 for part-time jobs. Job titles were amended by our analysts when reviewing the ONS data to ensure clarity and consistency across our data. Median salaries in the UK This is a net figure excluding any benefits in kind players often received such as accommodation or a vehicle and it also any tax due on the payments made to players (both employer and employee). As the UKs highest paying job is now that of a marketing, sales, and advertising director, weve tracked the average earnings of this role over the years to see how it got to top position. ** N/A due to lack of historic data from ONS for this specific role. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 31,447. Gender pay gap in the UK: 2022 Bulletin | Released 26 October 2022 Differences in pay between men and women by age, region, full time and part time, and occupation. The average pay across the UK saw a 6.8% increase, however there were a number of roles that did not follow this trend, and to an even worse extent, suffered a decline in average wages when compared to 2021. And Matischens statement seems to jive with what our own independent research showed. According to reputable graduate job boards like graduate-jobs.com, the average starting salary for UK graduates is estimated at 21,000 - 25,000. In 2018 we set out to make Hoopsfix sustainable by building our relationship directly with our readers. Up until now, Hoopsfix has been creating editorials, videos and podcasts to provide sorely missing coverage of the British game and its distinct culture and community. This means many of us dont have a clue if were earning above or below the average salary in the UK. For full-time workers, the average UK salary in 2022 was 33,000 exactly, a 5.7% increase YoY. The average salary in the U.S. in 2021 was around $58,260 across all occupations. Studies have shown that salary caps increase competitive balance and decrease overall salary payments within the league, however the resulting effect on social welfare is counter-intuitive and depends on the preference of fans for aggregate talent and for competitive balance. However, we also publish our supplementary real earnings dataset using the Consumer Prices Index (CPI) excluding owner occupiers' housing costs. A larger fall on the year was last seen in October to December 2022 when it fell by 4.3% and previous to this in February to April 2009 (4.5%). There is an internal expectation that the removal of the TPC will attract bigger investors into the league and franchises.