The United Kingdom is on the cusp of increased hiring, following major investments in the tech industry. With nearly 9% of employees in the tech sector, as of 2021, companies are looking to hire relevant professionals to ensure pre-pandemic growth levels. With technology forming the core of communication and financial transactions, various sectors are now looking to hire technical professionals. Salary trends are also on the rise, with tech-based roles paid significantly higher than non-technical positions. Moreover, senior technical roles account for nearly two-thirds the advertised vacancies in the UK, a contrasting image from other industries where opportunities are stagnating. From December 2020 to March 2021, nearly 25% of companies recruited for various positions. The recruitment drive was led by IT and tech roles (19%), followed by operations (17%), sales (14%), management (13%) and finance (12%).
Paid monthly between 25th and 30th of the month.
No 13th month salary.
Maximum 46 hours on average.
Employers do not have to pay for overtime pay.
Number of public holidays is 9 days. The list of holidays can be found here.
28 days for someone working five days a week.
No legal upper limit; Statutory Sick Pay covers from the 4th day of sick leave (if qualified)
Maternity Leave - Up to 52 weeks; 39 weeks are paid
Paternity Leave - 1 or 2 weeks
Termination is moderately simple with a notice given as well as severance pay for the employee based on the years of employment and age.
For employees that worked more than 2 years, redundancy pay is calculated as follows:
Not mandatory, usually 6 months.
A standard VAT rate of 20% is levied on all goods and services in the United Kingdom.