Thinking of Emigrating to the UK? Here Are Top Paying Companies With $70,000 as Annual Salaries

Thinking of Emigrating to the UK? Here Are Top Paying Companies With $70,000 as Annual Salaries

  • Financial and technology companies have been identified as the best companies to work for both for salaries and work culture
  • A jobs website, Glassdoor found that over 100,000 ex and present employees said getting a well-paying job is a top priority
  • Russia's invasion of Ukraine and the COVID-19 pandemic has further pushed young people to edge and drove inflation high in the UK

Meta, formerly Facebook has emerged as one of the best companies to work for not just for the salary but for the company’s culture.

As the United Kingdom battle economic uncertainty over the past few years, it has taken a huge toll on the younger population which made getting a well-paid job a higher priority for them.

UK, Jobs, Facebook. Meta, Youths, COVID-19
Companies are paying higher for new recruits in the UK Credit: Image Source
Source: Getty Images

Offering mouthwatering pay

Jobs website, Glassdoor discovered that financial transaction firms gave the most pay for entry-level jobs with an average of over $75,000.

Read also

Buhari’s Govt Plans 21 Million Jobs by 2025, Says Clem Agba

PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app

According to statistics, the average pay in the UK for 2022 was about $780 a week, or $45,000 annually, Office for National Statistics said.

On Wednesday, April 27, 2022, Glassdoor released its ranking and pointed out the companies giving the highest-paying entry-level jobs roles by examining more than 100,000 reports on its website over the year to the end of March which were posted by both former and current employees.

It tagged entry-level jobs as roles that needed less than two years of relevant experience and not senior roles.

Young people the most sought after

This comes as the UK contends with a high cost of living and inflation rising to a 30-year high of 7 per cent in March. Russia’s invasion of Ukraine has aided in spiking an increase in food and energy prices.

Read also

Jobs outnumber the unemployed people in the US, report says

Many young people in the UK believe the pandemic has negatively impacted their finances and chances of getting well-paying jobs, while others are of the opinion that fewer entry-level jobs were available before the pandemic, a report from CNBC said.

Facebook emerges one of the best

Technology companies like Meta, formally Facebook, were named the second highest-paying company for entry-level jobs in the UK with a median base salary of $76,000.

Analysts believe that salary should not be the only thing potential employees should look out for. They cited other things like the company’s culture and values, as well as its senior leadership team and career opportunities.

British High Commission restarts Priority Visa issuance in Nigeria has reported that British Visa Office has resumed issuance of Priority Visa (PV) in all visa application centres in Nigeria, according to a statement by the UK Visa and immigration on the Twitter page of the British High Commissioner.

Read also

How Landwey is Delivering its Projects Amidst Time Lags, Economic Challenges

The news comes as the US Mission in Nigeria says those who have previously been to the United States have been captured Drop Box service which lets them renew their visa without attending an interview.

Reports from TheNiche said, the US Mission in Nigeria said the resumption of DropBox service or interview waiver 20 months after it rested it indefinitely at all its consulates in the country.


Online view pixel