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UK pay still among lowest in Europe


British base-level professional pay is still among the lowest in Europe's top 15 economies, despite moving off the bottom of the pay table, according to research by professional services company Towers Watson.

The Towers Watson Global 50 Remuneration Planning Report is based on remuneration figures for 50 roles across 57 countries. It reveals median base-level professional pay in the UK now stands at £27,199.

This moves British workers ahead of Spain and Italy but still behind the 12 top European economies. Swiss workers have the highest median base pay at £66,671.

British workers fare better in terms of professional middle-management pay. In this measurement the UK has moved from tenth to seventh in the European rankings. The median figure for UK middle-managers is now £72,524, moving it to around the middle of the top European economies.

Towers Watson's Data Services senior consultant Darryl Davis said that despite progress in the UK, there is still a "considerable gap" between pay here and in other European countries.

"For the economy as a whole though, this isn’t necessarily a bad thing, as it means UK wages are able to grow in a healthy way while remaining competitive in cost terms versus other Western European economies," he added.