You asked: What should London weighting be?

London Weighting needs to be almost £7,700 per year in Inner London and just over £6,200 in Outer London to cover additional costs. An initial target should be a weighting reflecting the cost of living in Outer London, since it is the minimum that would allow someone to access a job anywhere in London.

What is a typical London weighting?

Current London Weighting

Currently, London Weighting averages under £4,000 and varies significantly across employees and different industries, with more paid in Inner London than Outer London; and more in finance, manufacturing and public sectors than retail or the not-for-profit sectors.

How much extra is London weighting?

The results were telling. 55% of employers reported that they paid between 1% and 10% higher, 40% admitted to paying between 11% and 20% higher, while 4% are paying in excess of 20%.

Should I get London weighting?

In the private sector, London Weighting varies dramatically, but large employers generally recognise that it is necessary to add a supplement for those living in London, and for those having to fork out the exorbitant train fares when commuting into the city.

What does including London weighting mean?

London weighting is an allowance paid to certain civil servants, teachers, airline employees, police and security officers in the capital of the United Kingdom, London. It is designed to help these workers with the cost of living in London, which is notoriously higher than that of the rest of the UK.

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What is London weighting allowance 2021?

Due to the expense of living in London, NHS staff that live in central London are entitled to 20% uplift their pay. This is called NHS London Weighting. Staff working just outside London are entitled to a 15% uplift and those that work in the fringe zone of London are entitled to a 5% uplift.

What is the London weighting allowance 2020?

10. This report sets out the cost of the proposed London Weighting agreement for Operational Staff. The total cost of the proposed award in 2019/20 will be £9.8m and will be offset by the budgeted London weighting awards for 2017 to 2020 of £1.6m, and a provision of £6.2m raised in 2018/19.

Is London weighting still exist?

London weighting is an allowance paid to certain civil servants, teachers, airline employees, PhD students, police and security officers in and around London, the capital of the United Kingdom. … Since the abolition of the Pay Board, no organisation has been responsible for setting London weighting.

Is London weighting allowance taxed?

Your London weighting allowance is added to your basic wage that forms your gross salary package which attracts income tax and is subject to national insurance deductions at current rates. It may be useful to contact your local tax officer.

How does London weighting get paid?

Background on the London weighting system

The members recommended an extra payment to compensate for the extra living costs in London. This was based on a flat rate for inner London which was classed as up to four miles from Charing Cross. And a flat rate for the other London boroughs.

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How does London weighting work in civil service?

The salary boost, known as the London weighting, is worth around £4,000 and is given to cover the additional costs of working in the capital. It is understood that Whitehall managers have pointed out to civil servants that they receive the bonus in discussions about returning to the office.

What is London’s minimum wage?

The UK national minimum wage is reviewed annually and varies depending on the employee’s age. Currently, the wage for workers 25 or over is £7.83 per hour. This will increase to £8.21 in April 2019.

UK minimum wage and living wage 2018–19.

Age UK minimum wage per hour Minimum wage from April 2019
Apprentice £3.70 £3.90