London jobs '£10k more' than rest of UK

28-02-2008

London jobs '£10k more' than rest of UK
Jobs advertised in London have an average salary that is £10,000 more than the rest of the UK, a new study has revealed.

According to AllTheTopBananas.com, jobs in the capital have an average advertised salary of £38,998 when recorded between August 2007 and January 2008.

In the rest of the UK - excluding London - new employment was advertised with an annual paycheque of £28,407.

However, managing director of AllTheTopBananas.com Dave Martin stated that jobseekers should be wary of the differences in wage, as it does not necessarily mean they will be better off in London.

"The difference between salaries in London and the rest of the UK may look huge. But with the cost of living being so much higher in the capital, it's unlikely Londoners feel that extra spending power," he said.

Wales was the second highest paid region of the UK, with average salaries advertised at £32,030.

Mr Martin added that a "fascinating picture" of UK employment had been created via the research.

The Confederation of British industry recently suggested that annual pay rises are being dropped in favour of performance-related pay increases.

Related categories: HR / Recruitment.


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