Workers feel that £49,300 would be a "comfortable" salary to live on typically, as living costs surge, according to a survey. Recruitment business Reed made the findings after asking 5,000 UK workers a range of questions on their salary.
The average wage that was seen as a sum on which people could live comfortably is £16,300 less than the £33,000 median annual pay for full-time employees in the tax year ending in April 2022, according to Office for National Statistics (ONS) figures. More than a quarter (26%) of people stated they are unhappy with their current salary, Reed found.
Six in 10 (61%) of these people said their salary is not rising in line with living cost rises. More than a third (36%) believed they could get a higher salary by switching jobs.
