Median gross weekly earnings for full-time employees in the UK stood at £528 in April 2015, up 1.8% on the previous year, according to provisional figures from the latest annual survey from the Office for National Statistics (ONS). For the year ending 5 April 2015, median gross annual earnings for full-timers were £27,600.
Among the other key findings:
‘Up until 2008, growth was fairly steady, averaging around 4% each year. However, since the start of the economic downturn growth has been slower, with the annual increase averaging around 1.5% per year between 2009 and 2015. To understand changes in earnings in the context of inflation, historic data are adjusted using the Consumer Prices Index (CPI). This gives a measure of the “real” value of earnings, with a decrease meaning that earnings growth is below inflation. Adjusted for inflation, weekly earnings increased by 1.9% compared with 2014. This is the first increase since 2008, and is due to a combination of growth in average earnings and a low level of inflation (the CPI fell by 0.1% in the year to April 2015).’