- Country Guide
- United Kingdom
United Kingdom
Last Update by , 20 Aug 2024
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Exchange Rate
10 Oct 2024
Cost of Living
Indicative value for a working adult in a city: London
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (GBP) |
|---|---|
| McDonalds Set Meal | 8.00 |
| Monthly Train and Bus Tickets | 200 |
| 3 Bedrooms Rental (City Center) | 4,484 |
| 3 Bedrooms Rental (Outskirt) | 2,898 |
Current Inflation Rate
2.8%
Wage
Minimum Wages
- Staff aged 21 and over: 11. 44 GBP per hour
Staff aged 18 - 20: 8.60 GBP per hour
Staff under 18 and apprentices: 6.40 GBP per hour
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (GBP) |
|---|---|
|
Entry-Level
Fresh Graduate
|
2,000 |
|
Mid-Level
5 Years
|
3,000 |
|
Experienced & Managerial Level
10 Years
|
5,000 |
|
Specialized & Senior-Level
15 Years
|
Over 7,000 |
Annual Salary Growth
5.7%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| National Insurance (NI) | 13.8% on monthly salaries over 758 GBP |
8% on monthly salaries of 1,048 GBP + 2% on salaries over 4,189 GBP |
All staff (not self-employed) earning over 12,570 per year |
| Workplace Pension (WPP) | 3% | 5% | All staff (not self-employed) earning over 520 GBP per month |
Other Benefit
Other common employment benefits in United Kingdom include:
- Private Health Insurance: Around 90 GBP per month
- Enhanced Pension Scheme: Higher employer contributions 4%-10%
- Bike to Work Scheme (B2W): Staff save up to 48.25% on the cost of bicycles
- Mobile Phone Allowance: Around 50 GBP per month
- Enhanced Maternity Leave: 100% salary first 6 months, 50% salary for next 6 months
- Internet Allowance: Around 40 GBP per month
- Fitness Allowance: Around 60 GBP per month
Income Tax
Residents
-
Tax Period: 6th April - 5th following April
Paper Filing Due Date: 31st October of the same year
Online Filing Due Date: 31st January of following year
Country Level
| Taxable Income | Rate |
|---|---|
| Up to 12,570 | 0% |
| 12,571 - 50,270 | 20% |
| 50,271 - 125,140 | 40% |
| Over 125,140 | 45% |
Non-residents
- Is the same as residents
Working Hours
Statutory
40 hours
8 hours a day, 5 days a week
Typical practice
40 hours
Monday-Friday
Overtime
No statutory requirement, the hourly rate must not fall below the National Minimum Wage (NMW)
- - Must be stated in the contract (written statement of particulars)
- Common practice: 1.5 times of regular hourly pay
- Bank holidays and Sundays: 2 times regular hourly pay
Employment Contract
Fixed-Term
Used for specialised roles, seasonal activities and to cover staff on maternity or sick leave. Staff are classed as 'employees' and have full employment rights
Contract Format
Written, in British English and issued within 2 month of the start date
Payroll Currency
GBP
Probation
All staff: 3- 6 months
Staff in the education sector: 9 months
Contract Period
Minimum of 3 months but no longer than 4 years and can be renewed multiple times. Contracts that last over 4 years automatically become permanent
Termination
-
Notice during probation (staff and employers):
- Under 1 month service: No notice
- Over 1 month service: 1 week in writing -
Voluntary resignation:
- Under 1 month service: No notice
- Over 1 month service: 1 week in writing -
Involuntary termination:
- Applies to staff for dismissals or redundancy
- Under 1 month service: No notice
- Over 1 month: 1 week in writing
- Up to 2 years' continuous service or over: 1 weeks' notice for each completed year in writing
- Employers can offer garden leave or payment in lieu -
Severance:
- All staff (not workers) for dismissals or redundancy with 2 or more years' service are eligible
- Aged 22-40: Length of service * average weekly salary
- Over 40 years' service: Length of service *1.5 weeks salary, capped at 700 GBP per week
- Total compensation is capped at 21,000 GBP
Public Holiday
8 days
Public holidays in England, Scotland, Wales and Northern Ireland are subject to yearly government announcements
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave (AL) | 28 working days | All staff working 5 days per week |
| Sick Leave (SSL) | Up to 28 weeks | All staff |
| Maternity Leave (SML) | 52 weeks | Expectant mothers with 26 weeks continuous service |
| Paternity Leave (SPL) | Up to 2 weeks | Expectant fathers with 26 weeks continuous service |
| Adoption Leave (SAL) | 52 weeks | Parents adopting a child with 26 weeks continuous service |
| Shared Parental Leave (ShPL) | Up to 50 weeks shared between parents | Expectant parents with 26 weeks continuous service |
| Parental Bereavement Leave (SPBL) | 2 weeks per child | Parents who have lost a child under 18 from the first day of service |
Reference
- https://www.numbeo.com/cost-of-living/in/London
- https://www.ons.gov.uk/economy/inflationandpriceindices
- https://uk.indeed.com/career/administrator/salaries?from=top_sb
- https://uk.indeed.com/career/director-of-human-resources/salaries?from=top_sb
- https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/july2024
- https://www.gov.uk/national-insurance-rates-letters
- https://www.gov.uk/income-tax-rates
- https://www.gov.uk/national-insurance
- https://www.bike2workscheme.co.uk/
- https://www.gov.uk/employment-contracts-and-conditions/written-statement-of-employment-particulars
- https://www.gov.uk/fixed-term-contracts/renewing-or-ending-a-fixedterm-contract
- https://www.gov.uk/contract-types-and-employer-responsibilities/zero-hour-contracts
- https://www.gov.uk/redundancy-your-rights/redundancy-pay
- https://www.gov.uk/maximum-weekly-working-hours
- https://www.gov.uk/bank-holidays
- https://www.gov.uk/government/collections/statutory-pay
- https://www.gov.uk/browse/employing-people/time-off
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Contact UsCountry Guide - United Kingdom
Last updated: 20 Aug 2024
Exchange Rate
Currency (GBP)
- 1 CNY = 0.185 GBP
- 1 USD = 1.32 GBP
Other currencies can be retrieved via the country guide link above.
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Labor Cost Calculator
To know the total employer cost for hiring a staff with certain salary, please go to our main site: https://marcopayroll.com
Cost of Living
Indicative value for a working adult in a city: London
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (GBP) |
|---|---|
| McDonalds Set Meal | 8.00 |
| Monthly Train and Bus Tickets | 200 |
| 3 Bedrooms Rental (City Center) | 4,484 |
| 3 Bedrooms Rental (Outskirt) | 2,898 |
Current Inflation Rate
2.8%
Wage
Minimum Wages
- Staff aged 21 and over: 11. 44 GBP per hour
Staff aged 18 - 20: 8.60 GBP per hour
Staff under 18 and apprentices: 6.40 GBP per hour
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (GBP) |
|---|---|
|
Entry-Level
Fresh Graduate
|
2,000 |
|
Mid-Level
5 Years
|
3,000 |
|
Experienced & Managerial Level
10 Years
|
5,000 |
|
Specialized & Senior-Level
15 Years
|
Over 7,000 |
Annual Salary Growth
5.7%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| National Insurance (NI) | 13.8% on monthly salaries over 758 GBP |
8% on monthly salaries of 1,048 GBP + 2% on salaries over 4,189 GBP |
All staff (not self-employed) earning over 12,570 per year |
| Workplace Pension (WPP) | 3% | 5% | All staff (not self-employed) earning over 520 GBP per month |
Other Benefit
Other common employment benefits in United Kingdom include:
- Private Health Insurance: Around 90 GBP per month
- Enhanced Pension Scheme: Higher employer contributions 4%-10%
- Bike to Work Scheme (B2W): Staff save up to 48.25% on the cost of bicycles
- Mobile Phone Allowance: Around 50 GBP per month
- Enhanced Maternity Leave: 100% salary first 6 months, 50% salary for next 6 months
- Internet Allowance: Around 40 GBP per month
- Fitness Allowance: Around 60 GBP per month
Income Tax
Residents
-
Tax Period: 6th April - 5th following April
Paper Filing Due Date: 31st October of the same year
Online Filing Due Date: 31st January of following year
Country Level
| Taxable Income | Rate |
|---|---|
| Up to 12,570 | 0% |
| 12,571 - 50,270 | 20% |
| 50,271 - 125,140 | 40% |
| Over 125,140 | 45% |
Non-residents
- Is the same as residents
Working Hours
Statutory
40 hours
8 hours a day, 5 days a week
Typical practice
40 hours
Monday-Friday
Overtime
No statutory requirement, the hourly rate must not fall below the National Minimum Wage (NMW)
- - Must be stated in the contract (written statement of particulars)
- Common practice: 1.5 times of regular hourly pay
- Bank holidays and Sundays: 2 times regular hourly pay
Employment Contract
Permanent
Can be full or part time and weekly hours are specified. Staff are classed as employees and have full employment rights.
Probation
All staff: 3- 6 months
Staff in the education sector: 9 months
Termination
-
Notice during probation for staff and employers:
- Under 1 month service: No notice
- Over 1 month service: 1 week in writing -
Voluntary resignation:
- Under 1 month service: No notice
- Over 1 month service: 1 week in writing -
Involuntary termination:
- Applies to staff for dismissals or redundancy
- 1-2 years' service: 1 week
- 2 -12 years' service: 1 week for each year
- Over 12 years' service: 12 weeks
- Employers can offer garden leave or payment in lieu -
Severance:
- All staff (not workers) for dismissals or redundancy with 2 or more years' service are eligible
- Aged 22-40: Length of service * average weekly salary
- Over 40 years' service: Length of service *1.5 weeks salary, capped at 700 GBP per week
- Total compensation is capped at 21,000 GBP
Fixed-Term
Used for specialised roles, seasonal activities and to cover staff on maternity or sick leave. Staff are classed as 'employees' and have full employment rights
Probation
All staff: 3- 6 months
Staff in the education sector: 9 months
Termination
-
Notice during probation (staff and employers):
- Under 1 month service: No notice
- Over 1 month service: 1 week in writing -
Voluntary resignation:
- Under 1 month service: No notice
- Over 1 month service: 1 week in writing -
Involuntary termination:
- Applies to staff for dismissals or redundancy
- Under 1 month service: No notice
- Over 1 month: 1 week in writing
- Up to 2 years' continuous service or over: 1 weeks' notice for each completed year in writing
- Employers can offer garden leave or payment in lieu -
Severance:
- All staff (not workers) for dismissals or redundancy with 2 or more years' service are eligible
- Aged 22-40: Length of service * average weekly salary
- Over 40 years' service: Length of service *1.5 weeks salary, capped at 700 GBP per week
- Total compensation is capped at 21,000 GBP
Casual/ Zero-hour
Used for piece work, on-call roles, gig-economy work in hospitality, warehouses, banks, care work or delivery driving. Individuals are usually classed as workers
Probation
All staff: 3- 6
Staff in the education sector: 9 months
Termination
-
Notice during probation for staff and employers:
- No notice required -
Voluntary resignation and Involuntary termination:
- No notice required -
Severance:
- Not due, workers are not entitled
Public Holiday
8 days
Public holidays in England, Scotland, Wales and Northern Ireland are subject to yearly government announcements
2024
| Date | Name |
|---|---|
2025
| Date | Name |
|---|---|
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Annual Leave (AL) | 28 working days | All staff working 5 days per week |
| Sick Leave (SSL) | Up to 28 weeks | All staff |
| Maternity Leave (SML) | 52 weeks | Expectant mothers with 26 weeks continuous service |
| Paternity Leave (SPL) | Up to 2 weeks | Expectant fathers with 26 weeks continuous service |
| Adoption Leave (SAL) | 52 weeks | Parents adopting a child with 26 weeks continuous service |
| Shared Parental Leave (ShPL) | Up to 50 weeks shared between parents | Expectant parents with 26 weeks continuous service |
| Parental Bereavement Leave (SPBL) | 2 weeks per child | Parents who have lost a child under 18 from the first day of service |
Reference
- https://www.numbeo.com/cost-of-living/in/London
- https://www.ons.gov.uk/economy/inflationandpriceindices
- https://uk.indeed.com/career/administrator/salaries?from=top_sb
- https://uk.indeed.com/career/director-of-human-resources/salaries?from=top_sb
- https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/july2024
- https://www.gov.uk/national-insurance-rates-letters
- https://www.gov.uk/income-tax-rates
- https://www.gov.uk/national-insurance
- https://www.bike2workscheme.co.uk/
- https://www.gov.uk/employment-contracts-and-conditions/written-statement-of-employment-particulars
- https://www.gov.uk/fixed-term-contracts/renewing-or-ending-a-fixedterm-contract
- https://www.gov.uk/contract-types-and-employer-responsibilities/zero-hour-contracts
- https://www.gov.uk/redundancy-your-rights/redundancy-pay
- https://www.gov.uk/maximum-weekly-working-hours
- https://www.gov.uk/bank-holidays
- https://www.gov.uk/government/collections/statutory-pay
- https://www.gov.uk/browse/employing-people/time-off
Contact Info
-
Singapore (Headquarters)
8 Marina Boulevard, MBFC Tower 1, #11-01, Singapore, 018981
+65 6653 4334 -
China (Headquarters)
79 Jianguo Road, China Central Place Tower 2, #09-52, Beijing, 100025
+86 10 6580 0555 -
China (Service Center)
23 Dagong Street, Eton Place Tower 2, Unit 1808, Dalian, 116001
-
United States
445 S Figueroa St, 31st Floor, Los Angeles, California, 90071
-
United Kingdom
71 - 75 Shelton Street, London, England GB
-
Netherlands
Vijzelstraat 68, 1017 HL, Amsterdam
-
Australia
Level 22, Salesforce Tower, 180 George Street, Sydney, NSW 2000