For example, median hourly earnings for all employees in 2022 are £14.77, therefore low-pay employees are anyone earning below two-thirds of £14.77, which is £9.85. High-pay employees are those earning anything above 1.5 times £14.77, which is £22.16.
What is considered low income in the UK?
A single person needs to earn ꌥ,500 a year to reach a minimum acceptable standard of living in April 2022. A couple with two children needs to earn ꍃ,400 between them.
What is middle class income UK 2022?
The median average salary for those working full-time is ꌳ,000. The median average salary for all employees in the UK is ꌧ,756. The median average salary for part-time employees is ꌒ,247.
What do the government class as low income?
A broad definition of low household income, as suggested by the Government, applies to annual earnings less than 60% of the median UK household income. For London, this cut-off point is approximately ꌡ,000[75].