What is the current London weighting allowance?
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.
Who qualifies for London weighting?
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.
How much is London weighting per year?
According to Trust for London, a charity tackling poverty and inequality in the capital, London Weightings average £4,000 a year and is an allowance more commonly seen in finance, manufacturing and public sectors rather than retail or not-for-profit industries.
Do companies have to offer 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 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 outer London weighting NHS?
High cost area supplements
| Area | Level (1 April 2021) |
|---|---|
| Inner London | 20% of basic salary, subject to a minimum payment of £4,608 and a maximum payment of £7,097 |
| Outer London | 15% of basic salary, subject to a minimum payment of £3,898 and a maximum payment of £4,967 |
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 do you get London Weighting?
5 ways to get your London weighting right
- An equal playing field. There should be absolutely no differentiation between roles here.
- London means London.
- A flat rate over a percentage.
- Make it bulletproof.
- Include gig-workers and freelancers.
Is London Weighting Pro rata?
With effect from the earliest practicable date, London Weighting is consolidated into basic pay at the above (01 July 2018) rates, pro rata as applicable for part-time staff, and those in nil/half etc.
What is London weighting NHS?
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.
How much does it cost to move to London weighting?
Compare this to the UK average of £749pcm, which equates to 108% disparity, and it becomes apparent why London weighting is so important. It’s estimated that a 20-year-old moving to the capital will pay £66,800 in rent, before they turn 30.
When was the London allowance added to GLPC pay?
For NJC conditioned local authority staff, as part of the London Agreement in 2000, the London Weighting Allowance was incorporated into the GLPC London pay spine. At the time, the London Allowance was £2,556 for Inner London, £1,869 for Outer London scale points 4-10 and £1,359 for Outer London scale points 11 and above.
When did London weighting become a necessity for the working class?
The more that came for the high wages, the more the worth of that wage decreased. When did London weighting become a necessity? This was, for the best part of the 19th and 20th centuries, an informal expectation, a wink to the rural, working class.
How much is the Outer London allowance from the LGA?
Local Government Association (LGA) publishes advisory rates for organisations that are not bound by NJC but often link pay to NJC rates. The latest advisory notice by the LGA gave Inner London Allowance at £3,405, Outer London Allowance at £1,812, Greater London £2,490, Inner Fridge £824 and Outer Fringe £573.