United Kingdom Country Resources

United Kingdom flag

About The United Kingdom

The United Kingdom, consists of England, Scotland, Wales, and Northern Ireland It leads the world in politics, economics, and culture, with a diverse economy in finance, technology, healthcare, and creative arts.  Known for its innovation and education, the UK influences global trends and is a key player in global trade, tourism, and cultural exchange, driving economic growth and job markets.

United Kingdom: Country Resources

Currency:

Pound Sterling (GBP)

Capital:

London

Language:

English | Cymraeg

Ease of doing Business

Very Easy

Population

67.977M

VAT

20%

London

Go Global in the UK

Our multinational clients trust us to take care of international payments and compliance for employees, contractors and freelancers working in the UK.

You can use our Employer of Record (EoR) service to employ your team via our legal entity – onboarding your Top Talent quickly and with ease. 

FAQ's

Salary and compensation in the UK are regulated by various laws and regulations:

  • Minimum Wage: The National Minimum Wage and National Living Wage rates vary by age and are reviewed annually. For instance, as of 2024, the National Living Wage for workers aged 23 and over is £10.42 per hour.
  • Overtime Pay: There is no statutory requirement for overtime pay, but employers must ensure that the average pay for total hours worked does not fall below the National Minimum Wage. Overtime pay rates are typically specified in employment contracts.

The UK observes several public holidays, also known as bank holidays. These include:

  • New Year’s Day
  • Good Friday
  • Easter Monday
  • Early May Bank Holiday
  • Spring Bank Holiday
  • Summer Bank Holiday
  • Christmas Day
  • Boxing Day

In addition to these, each nation within the UK (England, Scotland, Wales, and Northern Ireland) may have additional public holidays specific to their region.

Employees in the UK are entitled to various types of leave, including:

  • Annual Leave: The Working Time Regulations 1998 entitle workers to 5.6 weeks of paid leave per year, which can include public holidays.
  • Sick Leave: Employees are entitled to Statutory Sick Pay (SSP) for up to 28 weeks if they are too ill to work.
  • Maternity Leave: Up to 52 weeks, with up to 39 weeks paid.
  • Paternity Leave: Two weeks paid leave.
  • Shared Parental Leave: Up to 50 weeks, with up to 37 weeks paid.
  • Parental Leave: Up to 18 weeks unpaid leave for each child.
  • Parental Bereavement Leave: Two weeks paid leave.
  • Dependants Leave: Reasonable unpaid time off to deal with emergencies involving dependants.
  • Jury Service: Unpaid leave for the duration of the jury service.

Termination of employment in the UK can occur under several circumstances:

  • Capability: Relating to the employee’s ability to perform their job.
  • Conduct: Relating to the employee’s behavior.
  • Redundancy: When the job is no longer needed.
  • Statutory Illegality or Breach: If continuing employment would contravene a law.
  • Some Other Substantial Reason: Which justifies the termination.

Employers must provide appropriate notice periods based on the length of service, ranging from one week to 12 weeks. Immediate dismissal without notice can occur in cases of gross misconduct.

Employers in the UK are required to provide certain types of insurance:

  • Employer’s Liability Insurance: This covers claims by employees for injuries or illnesses sustained as a result of their work.
  • Pension Contributions: Employers must automatically enroll eligible employees into a qualifying workplace pension scheme and make contributions.
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