This increase however, is reflective of the pandemic heavily impacting the hospitality industry and their earnings. Helping basketball players achieve their pro dreams. The highest-paid job in the UK is a marketing, sales, and advertising director, earning an . Are you interested in testing our business solutions? less). Avg. The ideal entry-level account for individual users. Our How furlough and changes in the employee workforce have affected earnings growth during the coronavirus (COVID-19) pandemic, UK: 2020 to 2021 article looks in more detail at the impact of compositional effects on wage growth. So while teams such as the Lions, Eagles and Riders would seem almost certain to MAX it out, some teams are likely operating with a lower payroll. After bakers, shopkeepers saw the second-highest decline (-17.9%), followed by biochemists (-14.4%). It is not possible to survey every business each month, so these statistics are estimates based on a sample, not precise figures. ). With marketing, sales, and advertising director being the highest-paid job in the UK, CEOs have been knocked down to second position when comparing rankings to 2021, this is in part due to the roles 2.2% average salary decline. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. ", Office for National Statistics (UK), Median annual earnings for full-time employees in the United Kingdom in 2022, by region (in GBP) Statista, https://www.statista.com/statistics/416139/full-time-annual-salary-in-the-uk-by-region/ (last visited May 01, 2023), Median annual earnings for full-time employees in the United Kingdom in 2022, by region (in GBP) [Graph], Office for National Statistics (UK), October 26, 2022. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Research salaries now! In, Office for National Statistics (UK). Our recommended measure of consumer price inflation is CPIH, and our headline estimates using this measure are found in our accompanying dataset EARN01. At the end of the 2022 financial year, the average full-time earnings in the UK increased by 5.7%, the highest earnings change increase in recent years. Estimates are available for both total pay (which includes bonus payments) and regular pay (which excludes bonus payments). We want to devote more time to our mission of helping British basketball reach its potential, and produce even more content for the basketball community by making Hoopsfix a sustainable 100% independent business funded directly by our readers through Patreon. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Those jobs which the ONS labels Not elsewhere classified, were removed from this analysis as it is difficult to define exactly what the role is. So this would be noticeably less than the $3,240 - $3,600K USD/per month salary range previously thought. Software . In December 2022 to February 2023, the finance and business services sector saw the largest regular growth rate at 8.3%, followed by the construction sector at 6.2% (Figure 5). However, there are other things to take into consideration. Along with London, two other areas of the UK had median annual earnings. In the U.K., the average salary in 2021 was about $38,291 when converted to dollars. Office for National Statistics (UK). Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. BBL Director and Sheffield Sharks owner Yuri Matischen said: We have lived through the boom and bust of salary inflationary spirals, weve employed John Amaechi in our club, weve had ex-NBA players weve been and done it all and what were trying to do is be financially affordable. Low and high pay in the UK: 2022 Bulletin | Released 26 October 2022 The distribution of hourly earnings of high-paid jobs, low-paid jobs and jobs paid below the National Minimum Wage. What your skills are worth in the job market is constantly changing. 38,131. Find your information in our database containing over 20,000 reports. This text provides general information. Currently, you are using a shared account. The survey response rate was 83%, so now back to the level seen in the months before the coronavirus (COVID-19) pandemic. Hide. Discover salaries by industry, pay by experience level and more. The BBL TPC was generally used to keep overall costs down whilst maintaining a competitive balance to prevent more financially well off clubs from dominating. How much do foreign basketball players make? Hoopsfix awards: Who should be the WBBL MVP for 2022-23? The average UK yearly salary in 2020 was 30,000. We have funded Hoopsfix with our freelance work creating basketball media, but sadly that means not only does it fall behind our clients priorities, but some of those clients are the same organisations we need to report objectively on putting us in a conflicted position. The finance and business services sector saw the largest regular growth rate at 8.3%, followed by the construction sector at 6.2%. Andy Webb, the BBLs Chief Operating Officer said at the time: We have an objective as a league (a set of clubs) to have as many of the best British players playing in the BBL as is possible. Use Ask Statista Research Service, Average annual earnings for full-time employees in the UK 1999-2022, Average annual earnings for full-time employees in the UK 2022, by age and gender, Average annual earnings for full-time employees in the UK 2022, by percentile, Minimum wage amount in the UK 1999-2023, by wage category. Clicking on the following button will update the content below. There is an internal expectation that the removal of the TPC will attract bigger investors into the league and franchises. Please do not hesitate to contact me. Blog. Thats because just like any of the other comparable overseas basketball league that operates under a salary cap, its obvious money will not be distributed evenly amongst the players. We wanted to change that. And in 2020, it became the London Lions turn (Basketball Champions League qualifiers). The Median Individual Disposable income as of 2018. The average pay across the UK saw a 6.8% increase, however there were a number of roles that did not follow this trend, and to an even worse extent, suffered a decline in average wages when compared to 2021. Experimental Statistics. Throughout the coronavirus (COVID-19) pandemic, different scenarios have affected the base effect. This is a net figure excluding any benefits in kind players often received such as accommodation or a vehicle and it also any tax due on the payments made to players (both employer and employee). Growth in employees average total pay (including bonuses) was 5.9% and growth in regular pay (excluding bonuses) was 6.6% in December 2022 to February 2023. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Mean paid hours worked for all workers stayed the same between 2021 and . The 2020 BBL season could only take place because of a government grant which is understood to be in the early millions according to the Yorkshire Post. The table below reveals the top five jobs where men earn more than women in an average annual salary (combined full and part-time). As one of the consistently high-earning jobs in the UK, we also analysed CEOs average salaries over time. This is an increase from their 2019 figures, which placed the average UK wage for a full-time role at 36,611 and part-time at 12,495. We would like to use cookies to collect information about how you use ons.gov.uk. To help users change to the new formats, we will be publishing sample versions of a selection of our tables. When there is an exceptionally large change in the series, this can lead to larger differences between regular pay plus bonus pay, and total pay. In particular to protect and promote the long term strength, competitiveness and viability of the League, and to ensure that the determining factor on the court is primarily sporting merit and not off court financial considerations. We use this information to make the website work as well as possible and improve our services. Because we will only have a limited number of seats, were never have a situation where we have 40,000 seats, were a limited audience event in this country so weve just got to generate more income thats the bottom line.. A more timely estimate of median pay is also provided but is subject to revisions. Accessed May 01, 2023. https://www.statista.com/statistics/416139/full-time-annual-salary-in-the-uk-by-region/. Youve accepted all cookies. Statista. Sports England - the governing body for grassroot sports development in the country - claimed it had invested $27 million USD (20 million) into basketball since the 2012 London Olympics. SO - IN THEORY - TEAMS COULD GO WELL ABOVE THAT LIMIT IF DESIRED, INCREASING EVERYONES SALARY IN THE PROCESS. As of 21 March 2017, the Consumer Prices Index including owner occupiers' housing costs (CPIH), as detailed in our methodology, became our lead measure of inflation. This exclusion of the two top-paid British players salaries, could easily take a BBL teams total player salary bill if they had the financial means to do so to over 350,000 net. Quinn Ellis enters name into 2023 NBA draft, Ziah Francis ('09) signs multi-year deal with Trento, BBC announces nine-game broadcast deal with NBA, U18 Four Nations Tournament: schedule, live streams & stats, Hoopsfix Pro-Am set for return this summer, First official NBA store in UK opens in Carnaby, London, Hoopsfix All-Star Classic confirmed for ninth year in 2023, Deptford Blue Cage basketball courts given spectacular revamp. Each of the 27 series is seasonally adjusted separately, to ensure the optimum seasonal adjustment of each series. Generalist medical practitioners (most commonly known as GPs) saw the largest percentage decrease in their average salary from 2021 to 2022, reducing by -14.5% to 43,515. Estimates of pay growth are also published using HM Revenue and Customs' (HMRC) data in the Earnings and employment from Pay As You Earn Real Time Information, UK bulletin. This is the latest release. Below you can see the highest-earning professions for both men and women in the UK in 2022. who are women, earn an average of 6,617 more than men, while telecoms installers have a gender pay gap in favour of women earning 5,879 more a year. statistic alerts) please log in with your personal account. Figure 3 shows a comparison of monthly real total and regular pay growth rates and monthly inflation. $1,000 - $2,0000 USD/PER MONTH WAS THE MOST COMMONLY REPORTED BBL SALARY RANGE IN OUR OVERSEAS BASKETBALL PLAYERS SURVEY. Up until now, Hoopsfix has been creating editorials, videos and podcasts to provide sorely missing coverage of the British game and its distinct culture and community. The latest data show that the composition effect is now at more normal levels, and we are no longer seeing the excessive levels we saw during periods of the coronavirus pandemic in 2020 and 2021. In 2018 we set out to make Hoopsfix sustainable by building our relationship directly with our readers. Try another search query or, New research shows how to set pay for remote employees. On the hardwood the ripple effects are already showing. The chart below reveals the annual average CEO salary from 2011 to 2022. When reviewing the data it is important to note that before 2021, the ONS classed the role as Marketing and sales director then advertising was added to the role in 2021 and 2022. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Profit from the additional features of your individual account. It is distributed monthly to around 9,000 employers, covering around 12.8 million employees. Our Comparison of labour market data sources methodology discusses some of the main differences between our data sources. Ovie Soko would be the most famous example as he left the London Lions in 2020 to play for Le Mans Sarthe Basket (France, LNB Pro A). As the UKs highest paying job is now that of a marketing, sales, and advertising director, weve tracked the average earnings of this role over the years to see how it got to top position. And with clubs like the London Lions and Leicester Riders capable of financially- and physically- competing in large-scale European events, one would think BBL salaries are on a positive trend upwards. In real terms, men who work as financial managers/directors earn an average of 24,778 more than women doing the same job. Based on foreign-born players typically making between 80K - 170K in this league and Sokos outstanding statistical production, its likely Sokos salary is in the neighborhood of $125K - $200K/USD per year - far ahead of British Basketball League wages. Thats because in 2020, BBL clubs voted to change the player eligibility criteria to allow teams to play a maximum of five over-18 non-British players per gamewith greater emphasis on protecting positions for national (British) players.. In a 2020 interview with Hoopsfix, BBL Director and owner of the Sheffield Sharks Yuri Matischen said the average BBL salary is anywhere from 1,000 to 3,000 per month (net after tax), plus of course, benefits in kind such as a house and vehicle. The below table reveals the top ten full-time jobs in the UK that suffered the highest percentage decrease in average pay. You can see the full top ten highest paid jobs in the UK in the table below as well as a year-on-year (YoY) comparison to 2021: The most notable change from 2021s highest paid occupations was the movement of IT directors who jumped 11 places to third position, with an average salary of 68,912. For as little as $3 per month, you can support Hoopsfix and it only takes a minute. certainly wont be competing with the higher-paying European pro leagues, How much do British basketball players make, how much do British basketball players get paid, how much do overseas basketball players make, how much do overseas basketball players get paid. Estimates are available in both nominal terms (not adjusted for inflation) and real terms (adjusted for inflation). For as little as $3 per month, you can support Hoopsfix and it only takes a minute. Average weekly earnings Dataset EARN01 | Released 18 April 2023 Headline estimates of earnings growth in Great Britain (seasonally adjusted). This is due to preventing players being able to negotiate higher salaries even if the team is pulling in significant profits. The BBL claims it is trying to make a concentrated effort to have these salaries go to British players. However, as we have seen in the National Basketball Association (NBA), they can be a major focal point in negotiations between leagues and player unions. Alongside the Lions and Riders are the the Newcastle Eagles for the BBLs most powerful clubs. Have you ever played in the British Basketball League (BBL)?Did I miss anything?Let me know in the comments below! Average regular pay growth was 6.9% for the private sector in December 2022 to February 2023, and 5.3% for the public sector (Figure 4). Operations Manager. Salary 21k 55k. In a 2020 interview with Hoopsfix, BBL Director and owner of the Sheffield Sharks Yuri Matischen said the average BBL salary is anywhere from 1,000 to 3,000 per month (net after tax), plus of course, benefits in kind such as a house and vehicle. Average weekly earnings by industry Dataset EARN03 | Released 18 April 2023 Estimates of earnings in Great Britain broken down by detailed industrial sector (not seasonally adjusted). To do so, weve reviewed the latest annual Government report, released in November 2022, via the Office for National Statistics (ONS), to create the most comprehensive guide to the salaries and the average wage in the UK. Thank you and congrats! Total pay, bonus pay and regular pay (excluding bonuses) for each sector (a total of 27 series) are seasonally adjusted using X13-ARIMA. Average : 2,837 Range : 158 - 50,921. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. There were temporary factors that we refer to as base and compositional effects. Based on our global overseas basketball salaries study, other comparable overseas basketball league that operates under a salary cap, 2020, BBL clubs voted to change the player eligibility criteria, Despite the BBL increasing its salary cap from $276,000 US (200,000) to $345,00 USD (250,000), popular team sport in terms of participation and is particularly popular among Black, Asian and Minority Ethnic communities.. Where practical, we will initially publish the tables in both the new and current formats. Further information on this is available in our Average weekly earnings quality and methodology information (QMI). Median annual earnings. Quinn Ellis enters name into 2023 NBA draft, Ziah Francis ('09) signs multi-year deal with Trento, BBC announces nine-game broadcast deal with NBA, U18 Four Nations Tournament: schedule, live streams & stats, Hoopsfix Pro-Am set for return this summer, First official NBA store in UK opens in Carnaby, London, Hoopsfix All-Star Classic confirmed for ninth year in 2023, Deptford Blue Cage basketball courts given spectacular revamp. As you would expect, these big-earner spots are usually reserved for Great Britains National Team players. A salary cap will usually result in lower aggregate talent as the best players will play where they can earn the most, but some fans are ok with lower talent if it means the league is more competitive overall. But there have been some positive signs of late. These data have been compiled using the CPI as a supplementary dataset to view alongside the headline estimates produced using the CPIH. Ahead of the 2022-23 season the Total Payments Cap was completely removed, in the first major move the league formally announced following on from 7million of investment from Miami based investment firm 777 partners in December 2021. That allows teams to play young British players should they wish without having to pay them and therefore avoiding potentially costing them NCAA eligibility as a lot of players want to go to the US and play college basketball. It is worth understanding the difference between mean and median since the median will often be lower than the mean, as we have shown below: Statistic. The largest difference can be found in older age groups, with men in their 50s earning around 37,877 pounds a year, whilst women earned approximately 30,603 pounds per year. If you want to cut straight to the chase without the background info, based on the British Basketball League salary cap being 250,000 (net), divide that by 12 players and you have an average of 20,833 per year British Basketball League salary. The real Average Weekly Earnings (AWE) is calculated as the non-seasonally adjusted AWE (shown in our accompanying dataset EARN02) divided by the Consumer Prices Index including owner occupiers' housing costs (CPIH), which is our preferred measure of consumer price inflation (as shown in our CPIH Index time series L522). Second to librarians, houseparents (who typically look after students in boarding educational institutions) saw a 22.8% increase, followed by restaurant/catering managers (22.2%). However, we also publish our supplementary real earnings dataset using the Consumer Prices Index (CPI) excluding owner occupiers' housing costs. The UK employment rate was estimated at 75.8% in December 2022 to February 2023, 0.2 percentage points higher than September to November 2022. In a 2020 interview with Hoopsfix, BBL Director and owner of the Sheffield Sharks Yuri Matischen said the average BBL salary is anywhere from 1,000 to 3,000 per month (net after tax), plus of course, benefits in kind such as a house and vehicle. The compositional effect means pay growth has been affected by a changing composition of employee jobs, which during the coronavirus pandemic had increased average pay. In 2021, CEOs were the highest-average earners with a reported annual salary of 81,102. Using CPI real earnings, in December 2022 to February 2023, total pay fell by 4.1% on the year. Despite the BBL increasing its salary cap from $276,000 US (200,000) to $345,00 USD (250,000), the league hasnt been able to retain all of its top-tier nationals. liability for the information given being complete or correct. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. 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A decrease in employee numbers in jobs that have lower pay can have an upward effect on average pay, and the other way around. Only 16 of the 333 roles analysed by the ONS have women earning more than men on average in the same roles. How much do BBL players get paid UK? According to the Office for National Statistics (ONS), the mean average salary across the whole of the UK in 2020 was 38,600 for full-time employees and 13,803 for those working part-time. By analysing full-time earnings data from 2022 we can see which roles had the highest percentage increase change in their average salaries year-on-year. Median Hourly Rate: 24943.91 - 56344.25. Though 3,000 plus a car and a house may not seem a lot when compared to the multi-million dollar player salaries in the NBA, that is a good wage to earn a living solely from playing basketball! So. The BBL believes the decision is the next step to the British Basketball League achieving its goal of becoming a top level European league, with its clubs regularly competing in top level competition.. Welfare professionals (people who advise families experiencing a crisis, mental health counselors, etc). This section provides more detail around the methodology of the survey. However, when looking at the sectors growth for total pay, a different pattern is seen, with the finance and business services sector having the smallest sector growth rate at 4.9%. Year-on-year we can see that all age groups have seen an increased average salary, with those in their 50s seeing the highest increase (1,871). If you are an admin, please authenticate by logging in again. Median household disposable income in the UK was 29,400 in the financial year ending (FYE) 2019, up 1.4% (400) compared with growth over recent years; median income grew by an average of 0.7% per year between FYE 2017 and FYE 2019, compared with 2.8% between FYE 2013 and FYE 2017. According to the ONS, the average salary in the UK in 2022 for all employees was 27,756, a 6.8% increase from 2021. The median salary for full-time work was also . British Basketball League (BBL) salaries appear to be increasing with teams like the London Lions being able to sign former NBA players DeAndre Liggins and Byron Mullens. Newcastle has the most overall league titles with 7. Office for National Statistics (ONS), released 18 April 2023, ONS website, statistical bulletin,Average weekly earnings in Great Britain: April 2023, All content is available under the Open Government Licence v3.0, except where otherwise stated, /employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/april2023, Figure 1: Average weekly earnings for total pay were 638 and for regular pay were 596 in February 2023, showing a steady increase over time (except for early on in the coronavirus pandemic), Figure 2: Both real total and regular pay fell on the year, Figure 3: Inflation has been increasing, causing real pay growth rates to decrease, Figure 4: For the latest period the difference between the private and public sector is smaller than previous months, Figure 5: In the latest period the finance and business services sector saw the largest regular growth rate, Main points for December 2022 to February 2023, Analysis of average weekly earnings (AWE), Earnings and employment from Pay As You Earn Real Time Information, UK bulletin, X09: Real Average weekly earnings using Consumer price inflation, guide to labour market statistics methodology, Comparison of labour market data sources methodology, Consumer Prices Index including owner occupiers' housing costs (CPIH), as detailed in our methodology, Average weekly earnings quality and methodology information (QMI), How COVID-19 has impacted the Average Weekly Earnings data blog post, Average weekly earnings in Great Britain: May 2022 bulletin, How furlough and changes in the employee workforce have affected earnings growth during the coronavirus (COVID-19) pandemic, UK: 2020 to 2021 article, Measuring the data section of the Earnings and employment from Pay As You Earn Real Time Information, UK: May 2022 bulletin, Average weekly earnings in Great Britain: April 2021 bulletin, Government Statistical Service (GSS) guidance on releasing statistics in spreadsheets, A guide to labour market statistics methodology, Income and earnings statistics guide methodology, Government Statistical Service Income and earnings interactive dashboard, Index of Labour Costs per Hour, UK: July to September 2020, Average weekly earnings in Great Britain: April 2023, Explore the latest trends in employment, prices and trade in our.