Average weekly earnings including bonuses in the UK were up 4.3% year-on-year to GBP 696/week in the three months to September 2024, following an upwardly revised 3.9% rise in the previous period and above forecasts of 3.9%. It also marks the first acceleration in wage growth since the ...
UK Wage Growth Slightly Higher Than Expected Regular pay in the UK which excludes bonuses, increased 4.8% year-on-year to GBP 651/week in the three months to September 2024, a new low since June 2022, following a 4.9% rise in the previous period and slightly higher than market estimates...
Aldi's store assistants are set to receive another pay rise next month, just one month after it previously increased staff pay. From 1 March, hourly rates will rise to at least £12.75 nationally, with potential to increase even further to £13.66 based on length of service. For those ...
In Japan, the minimum wage is determined by each prefecture and revised annually by the Minimum Wage Council. Depending on the prefecture,the minimum wage is ¥952 to ¥1,163. The Minimum Wage Council, composed of representatives from the public, labor, and employers (with RENGO representing...
Oct 15, 2024 Luxembourg had the highest average annual wage in Europe in 2023, at approximately 85,500 U.S. dollars when adjusting for purchasing power parity (PPP). Greece, which had an average annual salary of less than 29,000 U.S dollars a year, had the lowest among the countries ...
How often does the apprenticeship wage rise? Luckily, the apprenticeship wage rises fairly regularly. The wage has increased twice in the past year and may yet rise higher. Philip Hammond was the Chancellor of the Exchequer, and upon recommendations from the Low Pay Commission, decided to increas...
Compounding affordability problems is the fact UK house prices are back on the rise and were 1.5% more last month compared to June 2023. Fewer mortgages, more cash There have been fewer house-buying transactions over the past year, Nationwide added. ...
Renters can affordmore spacethan they could a year ago because although rents haven’t changed much, incomeshave gone up. The wage needed to afford the typical apartmenthas droppedto $63,680 – the lowest level in nearly three years. Affordability continues to improve thanks toa surge of apart...
The average salary in Vietnam is 17.3 million Vietnamese Dong (VND) per month or 697 USD/month (according to the exchange rates in August 2024) — which is significantly lower than the average salaries in countries like the USA or UK. This low-cost labor, a highly educated workforce, ...
(+16%) followed by an increase in Property & Maintenance (+13%) and F&B department costs (+12%). Part of this increase is attributed to the rise in the National Living Wage in April 2023 and mounting pressure to retain staff as the rising living costs prevail. This is likely to ...