by Payspective team | Sep 17, 2021 | Compensation, Diversity, Startup
In short: (1) A UK startup CEO typically has a lower salary than their COO. (2) Stock options are a key part of startup compensation and are commonly awarded to employees at all seniority levels. (3) >70% of UK startups have a 25 day holiday allowance while 8% of...
by Payspective team | Apr 6, 2021 | Satisfaction, Working conditions
In short: (1) In some industries hours decrease over time while in others they increase over time. (2) Consulting is not well paid on a per-hour basis. (3) You can work up to 60h/week without feeling unhappy. (4) Working hours have increased during the pandemic. While...
by Payspective team | Mar 31, 2021 | Compensation, Covid-19
In short: The diference between the salary which candidates for a position expect and the salary that employers offer has decreased by >1/3 in 2020, pointing to a shift in the labour market power balance in favour of employers. Meanwhile, half of all professional...
by Payspective team | Feb 15, 2021 | Compensation, Satisfaction, Working conditions
In short: The average number of weekly working hours in the UK is 41.8, which is somewhat normal in international comparison. Job satisfaction is unaffected by working up to 60 hours a week but takes a big hit beyond that. Meanwhile, the average hourly wage in the UK...
by Payspective team | Feb 3, 2021 | Compensation
In short: The median UK salary is £31,461 and the mean UK salary is £36,834 per year. These numbers change significantly when you look at differences between industries, educational backgrounds, age, gender or regional differences. For all of this detail and more,...
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