Research Underpins All Our Business Decisions
Naissance Capital Real Estate has a dedicated research team reviewing and analysing key considerations during the due diligence process and for on-going asset management.
Security of Income
UK Economic Statistics
Growth of Weekly Earnings
Adjusted for inflation, weekly earnings increased by 1.9% compared to 2014. This is the first increase since 2008, and is due to a combination of growth in average earnings and a low level of inflation.
Growth of Gross Annual Earnings
For the year ending 5 April 2015 median gross annual earnings for full-time employees were £27,600, an increase of 1.6% from the previous year.
Growth of Gross Weekly Earnings (Public vs. Private Sectors)
Median gross weekly earnings for full-time employees increased by 1.8% in the public sector, and by 1.6% in the private sector. Private sector earnings have remained consistently at around 85% of public sector earnings since 2009.
Earnings Gap of the Top 10% versus Bottom 90%
In April 2015 the bottom 10% of full-time employees earned less than £297 per week. At the other end of the distribution, the top 10% of full-time employees earned more than £1,035. Since 1997, earnings at the 90th percentile have remained consistently at around 3.5 times earnings at the 10th percentile.
Decreased Gender Pay Gap for Median Earnings of Full-time Employess
The gender pay gap for median earnings of full-time employees decreased to 9.4%, from 9.6% in 2014. This is the lowest since the survey began in 1997, although the gap has changed relatively little over the last 4 years. A similar trend is seen when full-time and part-time employees are combined, although the gap is unchanged from 2014, at 19.2%.
Growth of Median Gross Weekly Earnings for Full-time Employees
In April 2015 median gross weekly earnings for full-time employees were £528, up 1.8% from £518 in 2014. This follows an annual growth of 0.2% between 2013 and 2014. Growth has been slower since the economic downturn, averaging around 1.5% per year between 2009 and 2015.