Earnings rise slower than inflation

Average UK earnings have risen slower than the rate of inflation for the fifth year running, according to the Office for National Statistics (ONS).

Although average full-time earnings increased by 2.2 per cent in the year to April 2013, the rate of consumer prices inflation over the same period was 2.4 per cent. Part-time pay rose at a rate above inflation, however, at 3.1 per cent over the year.

The data from the ONS shows:

  • Average weekly earnings for full-time employees were £517, up 2.2 per cent from £506 in 2012
  • Full-time earnings for men were £556 per week, up 1.8 per cent, compared with £459 for women, up 2.2 per cent
  • 10 per cent of full-time employees earned less than £7.28 per hour, an increase of 1.5 per cent from 2012
  • At the top end of the pay scale, 10 per cent of full-time employees earned over £21.02 per hour, an increase of 1.5 per cent
  • Women earned more than men in part-time jobs, with a weekly average of £164, compared to £149 for men
  • In April 2013 average gross weekly earnings for full-time employees were highest in London, at £658, and lowest in Northern Ireland, at £460.

The gender pay gap also widened from 9.5 per cent to 10 per cent. Median gross annual earnings for men were £29,300, up 1.9 per cent from 2012, whilst average earnings for women were £23,600.