Meanwhile, totaljobs.com estimates a slightly higher average of 27,000 for graduate jobs. Despite being the highest earners in the country, CEOs have seen a 25.5% decrease in average salary from 2019 (97,467) to 2022 (72,621). Accessed May 01, 2023. https://www.statista.com/statistics/416139/full-time-annual-salary-in-the-uk-by-region/. 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.. In a 2020 interview with Hoopsfix, BBL Director and owner of the Sheffield Sharks Yuri Matischen said the average BBL salary is anywhere from 1,000 to 3,000 per month (net after tax), plus of course, benefits in kind such as a house and vehicle. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Use our tool to get a personalized report on your market worth. Average regular pay growth was 6.9% for the private sector in December 2022 to February 2023, and 5.3% for the public sector (Figure 4). The HMRC estimates are presented in median pay terms, but they also include mean pay, as does AWE. When we had money, in the period where we were receiving money with the NTL deal, we all went boom with salaries and soon went bust. 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. 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). A larger growth for the public sector outside of the coronavirus (COVID-19) pandemicwas last seen in Mayto July 2005 when it was 5.4%. Growth in total and regular pay fell in real terms (adjusted for inflation) on the year in December 2022 to February 2023, by 3.0% for total pay and 2.3% for regular pay; a larger fall on the year for real total pay was last seen in February to April 2009 when it fell by 4.5%, but it still remains among the largest falls in growth since comparable records began in 2001. It is calculated using information based on the Monthly Wages and Salaries Survey (MWSS), which samples around 9,000 employers in Great Britain. The difference between nominal and real growth rates is because of an increasing Consumer Prices Index including owner occupiers' housing costs (CPIH). When reviewing the data it is important to note that before 2021, the ONS classed the role as Marketing and sales director then advertising was added to the role in 2021 and 2022. The latest ONS data reveals that average male full-time workers in the UK earn 18.78% more than their female counterparts. It is our most comprehensive measure of UK consumer price inflation. The highest-paid job in the UK is a marketing, sales, and advertising director, earning an . It is not possible to survey every business each month, so these statistics are estimates based on a sample, not precise figures. A decrease in employee numbers in jobs that have lower pay can have an upward effect on average pay, and the other way around. Below you can see the highest-earning professions for both men and women in the UK in 2022. The AWE headline estimates exclude arrears payments. See all Data Reporting Analyst salaries to learn how this stacks up in the market. 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. Average regular pay growth for the private sector was 6.9% in December 2022 to February 2023, and 5.3% for the public sector; a larger growth for the public sector outside of the coronavirus (COVID-19) pandemic periodwas last seen in May to July 2005 (5.4%) andthe difference betweenprivate and public sector growth rates has narrowed in recent months. Ill never forget the day that was explained to me in no uncertain terms at an NBA game at the O2 by Mr David Stern, very eloquently, that what we all need to do is sell more tickets and sell more sponsorships and caveat to that, generate a higher price per ticket to increase the revenue. 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. Many in the Great Britain community resent the lack of support given to basketballs infrastructure - ultimately holding back the professional game and wages. Interpreting average earnings data over the last year has been difficult. ** N/A due to lack of historic data from ONS for this specific role. In theory, that should bring the average BBL player salary up from the stated 20,833, considerably, as some teams will have a payroll of over 250,000. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Where duplicates or similar descriptions were used for roles, the highest value was retained and used in the analysis. Those jobs which the ONS labels Not elsewhere classified, were removed from this analysis as it is difficult to define exactly what the role is. In a 2020 interview with Hoopsfix, BBL Director and owner of the Sheffield Sharks Yuri Matischen said the average BBL salary is anywhere from 1,000 to 3,000 per month (net after tax), plus of course, benefits in kind such as a house and vehicle. Median household disposable income in the UK was 29,400 in the financial year ending (FYE) 2019, up 1.4% (400) compared with growth over recent years; median income grew by an average of 0.7% per year between FYE 2017 and FYE 2019, compared with 2.8% between FYE 2013 and FYE 2017. 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. Salary 21k 55k. In 2021, CEOs were the highest-average earners with a reported annual salary of 81,102. In the 2018-2019 season the Leicester Riders competed in the FIBA Europe Cup - a rarity for a club from the UK. X09: Real Average weekly earnings using Consumer price inflation Dataset X09 | Released 18 April 2023 Average weekly earnings for the whole economy, for both total and regular pay, in real terms (adjusted for consumer price inflation). In, Office for National Statistics (UK). New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. You can change your cookie settings at any time. Welfare professionals (people who advise families experiencing a crisis, mental health counselors, etc). While this shows the gender pay gap has not changed much from 2021 to 2022, it does show that the pay gap is continuing to worsen when it comes to full-time salaries. Our analysis will let you know if youre getting a good deal or not. UK average salary. As an Amazon Associate, Josecolorado.com earns from qualifying purchases. The estimates do not include earnings of self-employed people. The difference in salaries . Average Salary and Wage in the UK. Experimental Statistics. In financial terms, a male worker in the UK earned, on average, 5,576 more than their female co-workers in 2022, thats 467 more than 2021s gender pay gap. Instead the TPC was being used to predominantly try and encourage parity across the league. If you are an admin, please authenticate by logging in again. 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. The 2020 BBL season could only take place because of a government grant which is understood to be in the early millions according to the Yorkshire Post. This is because the data provides a total sum only for the number of . 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%). More information on base effects can be found in our Average weekly earnings in Great Britain: May 2022 bulletin. BBL franchise owners openly state they would love to be able to pay more but right now, for where the league is, they are unable to. 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. After GPs, biological scientists saw the second-highest percentage decline (-13.6%). The below table shows the top roles with the largest gender pay gap in favour of male employees in the UK. 1,950 per month. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. invested $27 million USD (20 million) into basketball since the 2012 London Olympics. This text provides general information. Avg. 2020 Josecolorado.com. Growth in employees average total pay (including bonuses) was 5.9% and growth in regular pay (excluding bonuses) was 6.6% in December 2022 to February 2023. The ratio is then referenced as an index with 2015 equals 100, and seasonally adjusted. Between both full and part-time roles, the largest earnings decline was seen in those who work as part-time bakers, who saw a decline of -22.3% in their average pay to 11,647, while Generalist medical practitioners saw the highest full-time earnings decline (-14.5%). The latest data shows that in five of the largest wage gap professions males earn 50% or more than their female counterparts. Estimates of growth in earnings for employees before tax and other deductions from pay. Of course, 2020 was a tough year for the jobs. Following the initial impact of the coronavirus pandemic, the change in pay growth was heavily affected by a changing composition of employee jobs, where we saw a fall in the number and proportion of lower-paid employee jobs. Additionally, lot of BBL contracts (especially for non-British players) are not 12 months, they are 8-10 (based on the season running from October until May), and along with that BBL player contracts generally include other benefits in kind; such as free accommodation, and a vehicle. Their salaries range between 27,055 and 32,934. The finance and business services sector saw the largest regular growth rate at 8.3%, followed by the construction sector at 6.2%. 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. Ovie Soko would be the most famous example as he left the London Lions in 2020 to play for Le Mans Sarthe Basket (France, LNB Pro A). Across all the age groups, male workers make more than their female counterparts, with the highest percentage difference found in the 60+ bracket, where men earn 68.86% more than women. Average BBL Recruitment hourly pay ranges from approximately 12.49 per hour for Handy Man to 36.50 per hour for Building Manager. Get the best reports to understand your industry. How much do foreign basketball players make? The table below reveals the top five jobs where men earn more than women in an average annual salary (combined full and part-time). Using CPI real earnings, in December 2022 to February 2023, total pay fell by 4.1% on the year. (2022). the Total Payments Cap was completely removed, 7million of investment from Miami based investment firm 777 partners, to exclude the top 2 earning British players on each team, Leicester Riders heading into European competition the Basketball Champions League, we have seen in the National Basketball Association (NBA), salary caps increase competitive balance and decrease overall salary payments, Helen Naylor confirms retirement from professional basketball, Junior Final Fours 2023: Live Streams, Stats & Recaps, Rebound All-Stars set for return to showcase national league. 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). 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. So at least there are SOME signs the heavy-hitters of the country are interested in growing the game. According to the ONS, the average salary in the UK in 2022 for all employees was 27,756, a 6.8% increase from 2021. 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. The average annual salary for full-time workers in the United Kingdom was 33,000 British pounds in 2022. 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. The full breakdown of age groups and gender pay gap in the UK can be seen in the table below. 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. You can see the top five jobs where women earn more than men in the UK in the table below. Which roles have the biggest gender wage gap in the UK? Profit from the additional features of your individual account. less). Median Hourly Rate: 25903.14 - 63059.29. 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). On the hardwood the ripple effects are already showing. In 2018 we set out to make Hoopsfix sustainable by building our relationship directly with our readers. And because the BBL season runs for approximately 8-9 months, then we can say - in theory - the average BBL player on a regular 12-man roster would be making roughly $3,240 - $3,600K USD/per month or $28-29K USD/per year. 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. Band 6 is more senior nurses and specialists and their basic pay is between 33,706 and 40,588. 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. With marketing, sales, and advertising director being the highest-paid job in the UK, CEOs have been knocked down to second position when comparing rankings to 2021, this is in part due to the roles 2.2% average salary decline. This is due to preventing players being able to negotiate higher salaries even if the team is pulling in significant profits. 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. There are some differences between the sources, most notably that the HMRC estimates include any redundancy payments that are made through payroll. 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. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Weve learnt, this is about more than just what you pay salaries, its about creating an affordable business plan. Hide. The average salary in the U.S. in 2021 was around $58,260 across all occupations. Average weekly earnings by industry Dataset EARN03 | Released 18 April 2023 Estimates of earnings in Great Britain broken down by detailed industrial sector (not seasonally adjusted). For the three months of December 2022 to February 2023, CPIH was an average of 9.1%. Post Graduate Diploma. Please create an employee account to be able to mark statistics as favorites. Where practical, we will initially publish the tables in both the new and current formats. The average BBL Recruitment salary ranges from approximately 20,000 per year for Loader to 69,022 per year for Surveyor. In 2021, this same age group saw just a 6.93% gender pay gap. [2] If everyone who enjoys our content chose to support us, our future would be much more secure. Would we like to pay more? [Online]. Have you ever played in the British Basketball League (BBL)?Did I miss anything?Let me know in the comments below! Why do people leave their jobs? 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. 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. Mean Average. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. The most important key figures provide you with a compact summary of the topic of "Earnings and wages in the UK" and take you straight to the corresponding statistics. Average UK full-time salary. But weve been boom and bust. IN THE BBL THE TOP-TWO EARNING BRITISH PLAYERS ARE ACTUALLY EXCLUDED FROM THAT $345,000 USD TEAM CAP. 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. The Earnings and employment from Pay As You Earn Real Time Information, UK bulletinalso provides additional insights into the estimate of growth in median and mean pay, and the two data sources generally trend well for mean total pay. There is an internal expectation that the removal of the TPC will attract bigger investors into the league and franchises. 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. Salaries. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Functional managers and directors also found themselves in the top ten highest-paid jobs in 2022, with an average salary of 57,337. Newcastle has the most overall league titles with 7. 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). Thats because just like any of the other comparable overseas basketball league that operates under a salary cap, its obvious money will not be distributed evenly amongst the players. Try another search query or, New research shows how to set pay for remote employees. 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). Helping basketball players achieve their pro dreams. Sampling variability for average weekly earnings single-month growth rates in percentage points is also available in the April 2022 edition of this bulletin. This is likely due to the lower figures recorded in the 2020/2021 financial year due to the furlough scheme and the financial impacts of the pandemic. Average weekly earnings Dataset EARN01 | Released 18 April 2023 Headline estimates of earnings growth in Great Britain (seasonally adjusted). Clicking on the following button will update the content below. BBL Director and Sheffield Sharks owner Yuri Matischen said: We have lived through the boom and bust of salary inflationary spirals, weve employed John Amaechi in our club, weve had ex-NBA players weve been and done it all and what were trying to do is be financially affordable. The BBL claims it is trying to make a concentrated effort to have these salaries go to British players. The average salary in England was 39,452 for those working full-time, and 13,845 for part-time jobs. Regular pay fell by 3.4% on the year. Find your market worth with a report tailored to you, No results found. "Median Annual Earnings for Full-time Employees in The United Kingdom in 2022, by Region (in Gbp). The estimates in this bulletin come from a survey of businesses. As of November 2022, the current average salary in the UK is 27,756, which is a 6.8% increase from 2021. This increase however, is reflective of the pandemic heavily impacting the hospitality industry and their earnings. Sources Referenced [Players, Media, Coaches]: Source This data is based on full-time earnings from the ONS. The value and timing of a bonus payment can be at the discretion of the employer or stipulated in workplace agreements. Blog. 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. Average weekly earnings by sector Dataset EARN02 | Released 18 April 2023 Estimates of earnings in Great Britain broken down to show the effects of changes in wages and the effects of changes in the composition of employment (not seasonally adjusted). 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. So. They do not, for example, adjust for changes in the proportion of the workforce who work full time or part time, or other compositional changes within the workforce. Salary 22k 63k. Growth in average total pay (including bonuses) was 5.9% and growth in . Salary information comes from 513 data points collected directly from employees, users . For as little as $3 per month, you can support Hoopsfix and it only takes a minute. Filter by location to see Basketball Coach salaries in your area. Office for National Statistics (UK). Part-time salaries had an even bigger annual percentage change at 8.6%, while the overall average salary in the UK increased by 6.8%. Teaching Assistant (TA) Median Hourly Rate: 11013.12 - 19624.47. The average male worker earns around 5000 more than their female co-workers. The base effect refers to comparing two periods with different circumstances. Per Hoopsfix - the leader in British Basketball coverage - the BBLs 2020 salary cap is currently set at $345,000 USD (250,000). Jobs with the largest gender pay gap in 2021, Jobs where men have the highest gender pay gap, Jobs where women have the highest gender pay gap, Highest earning professions in the UK by gender, Annual Survey of Hours and Earnings (ASHE) report by the Office for National Statistics, Marketing, sales and advertising directors, Public relations (PR) and communications directors, Undertakers, mortuary, crematorium assistants, Metal making and treating process operatives, Production managers/directors (mining & energy), Senior officers (fire, police, NHS, etc.