Low pay is defined as the value that is two-thirds of median hourly earnings and high pay is defined as the value that is 1.5 times median hourly earnings. 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.
What is the decent salary in UK?
According to recent data, the average full-time salary in the UK is ꌱ,285 in 2021. While that might seem like a lot, it doesn't include deductions for income tax and national insurance. What's more, rising inflation means your salary won't stretch as far as it once did.