Just one in four (26%) full-time jobs in the UK have seen inflation-beating pay growth in the past two years – is yours one of them?
The latest employee earning figures from the Office for National Statistics show that many occupations in the UK have seen a fall in real wage growth over the past few years, when adjusted for inflation.
HR software provider Ciphr analysed the official data to find out which jobs have been the best and worst for salary increases since 2021.
Although the UK's inflation rate is now falling, for the past few years it has been persistently high – driven by steep increases in energy prices and food costs, global supply issues, and the war in Ukraine.
In the 12 months to April 2023 (when the ONS' most recent earnings data was collected), UK inflation (CPIH) was running at 7.8% – the same rate as it was for the preceding 12 months to April 2022. In that time, cumulative inflation reached 16.2%.
This means that any job receiving salary increases that fell short of 16.2%, between April 2021 and April 2023, actually saw a drop in real-terms pay. Essentially, a pay cut.
And, unfortunately, that's exactly what's happened to the wages of many UK jobs. According to Ciphr's findings, the salaries for most (74%) full-time occupations in the UK didn't keep up, or outpace, such high inflation – despite some employees receiving sizeable pay hikes to help with cost-of-living increases.
Key stats:
- 26% of full-time jobs (of those with available pay figures) reported salary increases that exceeded 16.2% cumulative inflation (ie their hourly pay rate grew by more than 16.2% between 2021 and 2023).
- Over 4.2 million full-time workers in the UK are employed in occupations where pay has grown faster than inflation since 2021.
- Just 45 full-time jobs (or 13%) saw inflation-beating salary rises in both years (ie their hourly pay rate grew by more than 7.8% in 2021-2022 and 2022-2023). Examples of roles which have seen their salaries increase by over 20% include vehicle and metal goods assemblers, web designers, catering and bar managers, bar staff, chefs, leisure and theme park attendants, waiters and waitresses, hairdressers and barbers, floorers and wall tilers, beauticians, early education and childcare assistants, coffee shop workers, crane drivers, dental nurses, and delivery drivers and couriers.
- Of all the jobs with pay that has outpaced inflation since April 2021, just 26% have earnings above the UK's median average (excluding overtime) of £17.40 per hour. Examples of roles with above average pay include senior fire, ambulance, and prison officers, web designers, fashion designers, community nurses, garage managers and proprietors, PR and communication directors, and IT directors.
How does your job's pay compare to the UK average? Use Ciphr's salary checker.
Jobs with the highest wage increases since 2021
The average full-time employee in the UK saw their median hourly earnings (excluding overtime) increase by 11.8% between 2021 and 2023, with basic pay rising from £15.57 to £17.40 an hour (about £33,930 a year*). When adjusted for cumulative inflation of 16.2%, however, that salary increase is actually a real-terms pay cut of -4.4%.
Ciphr compared the salary growth of over 350 occupations in the UK to identify all the jobs with wages that have outpaced inflation, and those whose pay has fallen behind inflation since 2021.
Check out the full results in the table below (occupations are ranked from the biggest to smallest % change in hourly pay) and use the search box to find your job.
Not sure what your hourly rate is? Use Ciphr's hourly wage calculator to work it out.
The ONS's earnings estimates for full-time employees (2021, 2022 and 2023 datasets) includes 412 jobs in total (however, figures are unavailable for 60 of these occupations).
Of the 352 jobs, with reliable/available figures: 26% saw median hourly earnings (excluding overtime) rise by over 16.2% (ie above the cumulative inflation rate for the 24 months to April 2023). The remaining 74% had below inflation increases (or pay cuts).
Just 13% of all full-time occupations – 45 out of the 352 jobs with pay information – saw salary increases equal to or above the rate of inflation (7.8%) in both 2022 and 2023.
Jobs with the biggest salary decreases since 2021
Just one in four (24%) of the occupations included in Ciphr's study into inflation-busting pay growth have reported salary increases worth over 16.2% since 2021. Most did not see double-digit rises, with wages failing to keep up with high inflation for three in four (76%) occupations.
Based on ONS figures, the typical hourly pay rise for full-time employees in the UK, between 2021 and 2023, was 11.8%. Yet a quarter (26%) of professions actually received a more modest pay bump of 7% (or less) in this time – well below the UK's inflation rate.
Jobs that fared the worst in terms of salary increases include psychologists, cyber security professionals, other education professionals (such as university administrators and bursars), legal professionals (such as legal advisers, notaries and paralegals), electronics engineers, artists, GPs and hospital doctors, arts officers, producers and directors, and tax experts (see the full list in the chart below). All of these jobs have seen hourly pay cuts since 2021 – made even more pronounced in real-terms when adjusted for high inflation (where prices for every day essentials are increasing but wages/purchasing power is decreasing).
Other occupations impacted by high inflation and low wage increases include CEOs (0.9% pay growth), local government administrative occupations (1%), higher education teaching professionals (1.5%), clergy (1.7%), solicitors and lawyers (1.8%), nurse practitioners (2.3%) and newspaper and periodical editors (3%), among many others.
Full-time jobs that have seen the biggest drops in pay over the past few years:
Jobs with the biggest wage increases for men and women between 2022 and 2023
Ciphr compared the salary growth of 220 occupations (with comparable full-time salary data) to reveal the UK jobs that have seen the biggest rises in hourly pay for men and for women (between 2022 and 2023).
Despite women’s hourly pay still lagging behind men’s hourly pay in most occupations, the latest earnings figures from the ONS do show some gains, in some jobs at least.
Even so, the UK is still many years away from achieving gender pay equality.
The occupations with the highest pay growth for female employees in the last year, according to the most recent data, are skilled metal, electrical and electronic trades supervisors, and chartered architectural technologists, planning officers and consultants. These roles saw an average wage rise of 22%.
The job roles with the highest wage growth for male employees (all averaging over 20% pay rises) include physical scientists, travel agents, PR and communications directors, and managers and proprietors in other services (job titles in this occupational group include recruitment agency manager, driving school manager and customer experience manager).
The top 10 jobs that have seen the biggest rises in hourly pay for men and women since April 2022:
Gender pay gap 2023
Ciphr's latest research into the gender pay gap in the UK found that 78% of full-time occupations have a wage gap in favour of men.
While, generally, more full-time jobs have decreased their gender pay gaps than increased them, there is still a long way to go to reach zero. The average median gender pay gap for full-time workers in the UK is currently 7.7%, which means that male employees get paid £18.02 an hour (excluding overtime), on average, while female employees typically earn 7.7% less an hour at £16.64.
New analysis of the 2023 earnings figures, by Ciphr, reveals that 41% of professions (with comparable full-time salary data) pay men at least £1 an hour more than women. In some cases, such as financial managers and directors for example, men doing this job earn £10.75 more an hour, on average, compared to women in such roles.
For context, just 5% of job roles reportedly pay women at least £1 an hour more than men; with the widest disparity (£3.23) for biological scientists.
Highest paying jobs in the UK
People employed as CEOs, PR directors, IT directors, sales directors and head teachers are in the best job roles for earning high pay in the UK, according to the latest ONS figures. But which jobs earn the most?
Based solely on basic hourly pay (excluding overtime) the highest paying occupation for full-time workers in 2023 is chief executives and senior officials, with an average salary of £43.12 an hour (2.5x the UK’s average hourly rate of £17.40). This works out to £84,084 a year. If this salary had kept pace with 16.2% cumulative inflation since 2021, however, their wages could, potentially, be £12,738 higher at £96,822.
Public relations and communications directors’ pay has outpaced inflation. People doing this job earn £42.09 an hour or £82,076 a year, up 25.8% since 2021.
The third highest paid occupation is information technology (IT) directors, with an average salary of £41.13 an hour or £80,204 a year. This occupation has also seen an inflation-busting 18.4% wage increase in the past few years.
The next two highest paying professions, despite below inflation wage increases, are marketing, sales and advertising directors, and head teachers and principals. Roles in these occupational groups average basic salaries of £40.72 and £39.12 an hour respectively (around £79,404 and £76,284 a year).
The top 10 also includes financial managers and directors, functional managers and directors, specialist medical practitioners, senior police officers, and IT project managers. All these jobs pay a high average hourly wage of at least £26.72 (about £55,000+)
The lowest earners in 2023, on average, were those working in elementary occupations (such as waiters and waitresses, vehicle valeters and cleaners, and bar staff) and sales and customer service occupations (such as retail cashiers and check-out operators, and pharmacy and optical dispensing assistants). Their average salaries, of £11.90 and £12.12 an hour respectively, are just over two-thirds of the UK average.
Top 25 highest paying jobs in the UK:
Jobs with the fastest growing workforces
According to the UK's latest official labour market statistics, for the year to December 2023, there are around 21.6 million full-time employees (including permanent and temporary workers but not self-employed people).
Ciphr compared employment figures for 365 occupations to find out which jobs had seen the largest gains in employees over the last year.
Over a quarter (26%) of the job roles included in the study increased their workforces by a fifth (20%). Examples of the fastest-growing occupational groups in 2023 include public relations and communications directors, launderers, dry cleaners and pressers, office supervisors, other health professionals n.e.c. (such as audiologist, dietician, immunisation manager and mental health worker), publicans and managers of licensed premises, farm workers, and building and civil engineering technicians.
The number of people working as forestry and related workers, in the horticultural trades, as office supervisors, and in design occupations n.e.c. (including designers, stylists, set dressers and make-up artists) has also grown significantly (328%, 297%, 143% and 126% respectively). Comparative pay data was unavailable for these occupations, however, so they weren't included in the table below.
Full-time jobs that have significantly increased their employee numbers in 2023:
Largest decreases in employees
Around a quarter (23%) of occupations have cut their workforces by a fifth. Some of the professions where estimated employee numbers have reduced the most in 2023 include book-keepers, payroll managers and wages clerks, food, drink and tobacco process operatives, care workers and home carers, warehouse operatives, marketing, sales and advertising directors, and primary education teaching professionals. All these jobs are down at least 30,000 workers, compared to the previous year.
Jobs with the most employees in 2023
Jobs with the most full-time employees in the UK currently include programmers and software development professionals (531,600 estimated employees), care workers and home carers (437,300), other administrative occupations (378,800), secondary education teaching professionals (356,300) and financial managers and directors (313,600).
Percentage change in full-time employees by sub-major occupational group between 2022 and 2023:
Between 2022 and 2023, the estimated number of people employed as full-time health and social care associate professionals increased by almost a third (31%) from 379,400 to 497,300. There was also an 11% rise in the number of science, research, engineering and technology professionals in the UK.
While secretarial and related occupations and community and civil enforcement occupations saw the biggest decrease (-21%) in employee numbers.
The Consumer Prices Index, including owner occupiers’ housing costs (CPIH), rose by 7.8% in the 12 months to April 2022, and increased a further 7.8% in the 12 months to April 2023 (a cumulative inflation rate of 16.2%, according to the Bank of England's inflation calculator).
The calculation for cumulative inflation between April 2021 and April 2023 is: (1+0.078) × (1+0.078) = 1.1162 - 1 = 0.162 (16.2%)
All data was sourced from the UK's Office for National Statistics (ONS):
- Earnings and hours worked, occupation by four-digit SOC: ASHE Table 14 (2023 - provisional dataset released in November 2023; 2022 revised dataset; and 2021 revised dataset): https://bit.ly/48TFTtQ
- NOMIS – Occupation (SOC2020) by sex, employment status and full/part-time. Online datasets: October 2022-September 2023, January-December 2022, and January-December 2023 (released 16 April 2024): https://bit.ly/40pJZHy
- SOC 2020 Volume 2: the coding index and coding rules and conventions (Version 9: 12 October 2023)1: https://bit.ly/47wT2Zo
- Consumer price inflation, UK: April 2022: https://bit.ly/4cmTBs9
- Consumer price inflation, UK: April 2023: https://bit.ly/3TKqJCV
Earnings data relates to the tax years ending 5 April 2023 and 5 April 2021. Earning estimates shown are median hourly earnings (excluding overtime) and median gross annual earnings for full-time workers (which includes basic pay plus incentive pay, shift-premium pay, overtime pay and other pay).
Occupational roles are listed as per the ONS’s four-digit Standard Occupational Classification (SOC2020) codes. Broad occupational categories, with one-, two- or three-digit SOC codes, were not included.
Basic annual salary figures were calculated by multiplying the basic hourly wages (excluding overtime) for each occupational group by 1,950 (the average number of hours worked a year by full-time employees doing 37.5 hours a week). 'Earnings if pay growth matched 16.2% inflation' were calculated by multiplying the hourly wage (excluding overtime) in 2021 by 1,950, and then multiplying the basic annual salary for 2021 by 1+0.162.