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 finance and business services sector saw the largest regular growth rate at 8.3%, followed by the construction sector at 6.2%. You can see the top five jobs where women earn more than men in the UK in the table below. Of course, 2020 was a tough year for the jobs. Youve accepted all cookies. Average Yearly Salary 71,000 GBP ( 5,920 GBP monthly) LOW 18,000 GBP AVERAGE 71,000 GBP HIGH 317,000 GBP A person working in United Kingdom typically earns around 71,000 GBP per year. To use individual functions (e.g., mark statistics as favourites, set A bonus is a form of reward or recognition granted by an employer. Percentage changes are then derived from the seasonally adjusted average pay series. You only have access to basic statistics. Those aged older, in their 50s and above, see a reduced salary as people begin to take retirement or reduce hours as the need for money is typically reduced with children leaving home for example. Profit from the additional features of your individual account. At the higher end of the scale, Matischen said some players can earn over 50,000 salary in the British Basketball League. The average annual salary for full-time workers in the United Kingdom was 33,000 British pounds in 2022. The BBL TPC was generally used to keep overall costs down whilst maintaining a competitive balance to prevent more financially well off clubs from dominating. Using CPI real earnings, in December 2022 to February 2023, total pay fell by 4.1% on the year. Business Solutions including all features. Combined the 3 squads have won the past 8 league championships since 2011 - 2020. Sampling variability for average weekly earnings single-month growth rates in percentage points is also available in the April 2022 edition of this bulletin. We saw this in March 2022, when there were very large bonus payments. The median salary for full-time work was also . "Median annual earnings for full-time employees in the United Kingdom in 2022, by region (in GBP)." But theres one key wrinkle in all of this: Unlike in many other salary-capped overseas leagues, the BBL actually operates under a soft cap rather than a hard cap.. Estimates of growth in earnings for employees before tax and other deductions from pay. From 2011 to 2022, the average salary for marketing directors grew 15.05% from 64,515, however, in more recent years, there has been a decline of -1.5% from 2019s 75,332 (the highest salary for this role). Devgan says that the cost of a BBL can vary depending on the provider performing the surgery and where you live, but typically, one lift can range anywhere from $3,000 to $30,000. This exclusion of the two top-paid British players salaries, could easily take a BBL teams total player salary bill if they had the financial means to do so to over 350,000 net. 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). The ideal entry-level account for individual users. See all Data Reporting Analyst salaries to learn how this stacks up in the market. Average weekly earnings were estimated at 638 for total pay and 596 for regular pay in February 2023. A larger fall was last seen in February to April 2009, when it fell by 4.5% on the year, but this still remains among the largest falls we have seen since comparable records began in 2001. In real terms (that is, adjusted for inflation) in April 2022, median weekly pay for full-time employees fell by 2.6% on the year. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Our analysis will let you know if youre getting a good deal or not. Part-time workers are defined by the UK Government as someone who works fewer hours than full-time workers at the same place of employment, therefore, part-time hours could typically range all the way up to 34 hours a week. Chart. And with clubs like the London Lions and Leicester Riders capable of financially- and physically- competing in large-scale European events, one would think BBL salaries are on a positive trend upwards. Along with this, of course, not all players are worth the same; some teams will invest considerably more money in the player salary of a star, whilst others will aim to be more balanced across the field. Londoners have the highest average salary in the UK.. This is almost certainly due to the impact the pandemic had on airlines. What your skills are worth in the job market is constantly changing. A more timely estimate of median pay is also provided but is subject to revisions. 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. There is another likely impact of the pandemic here with biochemists and undertakers seeing their average salaries decline as the pandemic response required fewer tests and the death rate was reduced due to the vaccine rollout. Ultimately, it is because that is all teams can afford. 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. Due to varying update cycles, statistics can display more up-to-date In real terms, men who work as financial managers/directors earn an average of 24,778 more than women doing the same job. Salary information comes from 513 data points collected directly from employees, users . 31,447. The compositional effect means pay growth has been affected by a changing composition of employee jobs, which during the coronavirus pandemic had increased average pay. However, when looking at the sectors growth for total pay, a different pattern is seen, with the finance and business services sector having the smallest sector growth rate at 4.9%. We have a tiny favour to ask. Have you ever played in the British Basketball League (BBL)?Did I miss anything?Let me know in the comments below! 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%). In the 2018-2019 season the Leicester Riders competed in the FIBA Europe Cup - a rarity for a club from the UK. The ONS tells us that in April 2022, median weekly earnings for full-time employees went up by 5 per cent compared to the previous year, meaning that the average person took home 640 per week,. Second to librarians, houseparents (who typically look after students in boarding educational institutions) saw a 22.8% increase, followed by restaurant/catering managers (22.2%). Compared with the previous year this represented an annual increase of 5.6 percent, the. Newcastle has the most overall league titles with 7. 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. Along with London, two other areas of the UK had median annual earnings. Generalist medical practitioners (most commonly known as GPs) saw the largest percentage decrease in their average salary from 2021 to 2022, reducing by -14.5% to 43,515. Their salaries range between 27,055 and 32,934. Try another search query or, New research shows how to set pay for remote employees. This estimate is based on the whole market using actual salary data from the past decade. Employee earnings in the UK: 2022 Bulletin | Released 26 October 2022 Measures of employee earnings, using data from the Annual Survey for Hours and Earnings (ASHE). October 26, 2022. Due to limited data published by the ONS, there may be some roles where women/men earn very high salaries but the male/female data was not published to be able to provide a comparison. Data Reporting Analyst salaries at BBL/P can range from 25,770-27,998. 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. 38,131. These data have been compiled using the CPI as a supplementary dataset to view alongside the headline estimates produced using the CPIH. As one of the consistently high-earning jobs in the UK, we also analysed CEOs average salaries over time. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. In a county dominated by soccer, cricket and rugby, media giant Sky Sports News reports basketball is actually the second most popular team sport in terms of participation and is particularly popular among Black, Asian and Minority Ethnic communities.. All Rights Reserved, Privacy Policy I Amazon Affiliate Disclosure I Terms of Use I Contact Us. Trying to find out exactly what the British Basketball League (BBL) average salary is, is one of the most frequently researched topics around the UK game. Based on our global overseas basketball salaries study, this would put the BBL in the middle-tier pay grade of Europe. Consequently, the direct seasonal adjustment method, which allows for evolving seasonality, caused a larger than normal difference. Why do people leave their jobs? The AWE headline estimates exclude arrears payments. As the top professional basketball league in England, players competing in the British Basketball League (BBL) can typically expect a salary between $1,370 - $3,100 USD/per month ($11K - $25k/per year) although some salaries can reportedly reach as high as $6,500 - $8,000 USD/per month ($52,000K - $69,000K/per year). Where duplicates or similar descriptions were used for roles, the highest value was retained and used in the analysis. 2020 Josecolorado.com. 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). At a monetary level, financial managers and directors have the highest average salary for men compared to women, with the former paid 24,778 more in an average year. Year-on-year we can see that all age groups have seen an increased average salary, with those in their 50s seeing the highest increase (1,871). More information on measuring the data is available in our Average weekly earnings in Great Britain: April 2021 bulletin. So why is the salary in the UK basketball league not as high as you would have hoped? You can, however, see the highest-earning professions for men and women below. 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. The survey found the average UK salary for full-time employees was 31,461 for the tax year ending 5 April 2020, up 3.6% on the previous year. 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 is because the bonus payments made in December 2022 and January 2023 for this sector are smaller than the bonus payments made in December 2021 and January 2022, with the December 2021 bonus paid being higher than normal. We are happy to help. According to the ONS, the average salary in the UK in 2022 for all employees was 27,756, a 6.8% increase from 2021. Our recommended measure of inflation is CPIH. (2022). Salary 21k 55k. The latest data shows that in five of the largest wage gap professions males earn 50% or more than their female counterparts. Median annual earnings for full-time employees in the United Kingdom in 2022, by region (in GBP) [Graph]. There is an internal expectation that the removal of the TPC will attract bigger investors into the league and franchises. A salary cap will usually result in lower aggregate talent as the best players will play where they can earn the most, but some fans are ok with lower talent if it means the league is more competitive overall. This is because the data provides a total sum only for the number of . Growth in average total pay (including bonuses) was 5.9% and growth in . Show publisher information The ratio is then referenced as an index with 2015 equals 100, and seasonally adjusted. Know your worth. 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. $1,000 - $2,0000 USD/PER MONTH WAS THE MOST COMMONLY REPORTED BBL SALARY RANGE IN OUR OVERSEAS BASKETBALL PLAYERS SURVEY. Certificate (Cert), Aircraft Mechanic Technology. Professional Basketball Players Survey Data This estimate is based upon 1 BBL/P Data Reporting Analyst salary report (s) provided by employees or estimated based upon statistical methods. The latest data show that the composition effect is now at more normal levels, and we are no longer seeing the excessive levels we saw during periods of the coronavirus pandemic in 2020 and 2021. The ONS classifies marketing, sales, and advertising directors as all one job, therefore salaries could vary drastically between those who hold a role that covers only marketing, or only sales for example. Are you interested in testing our business solutions? The biggest salary jump for full-time employees was found in those who work as librarians, who saw a full-time median salary increase of 26.8% to 35,003. The estimates do not include earnings of self-employed people. Office for National Statistics (UK). In comparison, those aged under 21 and in full-time work earn over 19,000 less than that of 40-49-year-olds. invested $27 million USD (20 million) into basketball since the 2012 London Olympics. It is our most comprehensive measure of UK consumer price inflation. Hide. Available: https://www.statista.com/statistics/416139/full-time-annual-salary-in-the-uk-by-region/, Median annual earnings for full-time employees in the United Kingdom in 2022, by region, Immediate access to statistics, forecasts & reports, Average weekly earnings for full-time employees in the UK 1997-2022, Average full-time hourly wage in the UK 1997-2022, Average annual earnings for part-time employees in the UK 1999-2022, Average weekly earnings for part-time employees in the UK 1997-2022, Average part-time hourly wage in the UK 1997-2022, Average annual earnings for full-time employees in the UK 1999-2022, by gender, Average weekly earnings for full-time employees in the UK 1997-2022, by gender, Average full-time hourly wage in the UK 1997-2022, by gender, Average weekly earnings for full-time employees in the UK 2022, by age and gender, Average full-time hourly wage in the UK 2022, by age and gender, Average annual earnings for full-time employees in the UK 2004-2022, by age group, Average weekly earnings for full-time employees in the UK 2004-2022, by age group, Average full-time hourly wage in the UK 2004-2022, by age group, Average annual earnings for full-time employees in the UK 2022, by region, Average full-time weekly wage in the UK 2022, by region, Average full-time hourly wage in the UK 2022, by region, Pay gap between white and ethnic minority groups in England and Wales 2012-2019, Median hourly pay in England and Wales 2019, by ethnicity, Average annual earnings for full-time employees in the UK 2022, by sector, Average weekly earnings for full-time employees in the UK 2022, by sector, Average full-time hourly wage in the UK 2022, by sector, Average annual salary of graduates and non-graduates in England 2007-2021, Average gross annual salary in the UK 2017, by education level and age, Average gross annual salary for graduates in the UK 2017, by degree subject, Annual growth in earnings for full-time employees in the UK 2000-2022, Annual growth in earnings for full-time employees in the UK 2000-2022, by gender, Average weekly earning growth for full-time workers in the UK 2005-2022, by age group, Average weekly earning growth in the UK 2001-2023, Average weekly earning growth in the UK 2001-2023, by sector, Average weekly earning growth in the UK compared with inflation 2001-2023, Average weekly earning growth in the UK 2023, by industry sector, Average annual salary in the Netherlands 2021, by working hours, Average annual salary in the Netherlands 2021, by cao-sector, U.S. local government - annual mean wages 2009, Annual salary of U.S. family practice doctors 2018, by data source, Average annual salary in China 2018, by profession, Average salary of cloud computing experts in the United States 2022, by role, Current annual salaries of Millennials in Great Britain 2016, Legal professionals annual salaries in investment banking the UK 2016, by experience, Salary range of backend developers by level of experience in Australia 2019, Salary range of a full stack designer by experience in Australia 2021, Italy: share of journalists' annual salaries in 2015, by type of employment, Average salary of MBA graduates, by gender and job level in 2015, UK: Legal directors annual salaries in investment banking 2016, Investment professionals' annual salary index APAC 2019, by country and seniority, Gross salaries in the health, safety and environment field in Italy 2018, Average gross annual salary in the French group Eiffage in France 2014-2018, by CSP, Median annual earnings for full-time employees in the United Kingdom in 2022, by region (in GBP), Find your information in our database containing over 20,000 reports.
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