Income & Employment Guides UK — Maximise Your Earnings

Is £15 Per Hour Good Pay? — Annual Equivalent, Tax and UK Context

Is £15 an hour good pay in the UK? See what £15/hour works out to annually, your monthly take-home pay, how it compares to the minimum wage and UK average, and which jobs pay this rate.

Salary and income data is based on ONS and other official UK statistical sources. Figures are averages and may not reflect your individual circumstances.

£15 per hour is a common pay rate across many jobs in the UK. Here’s what it actually means for your finances.

What £15/Hour Equals Annually

Weekly Hours Annual Salary Monthly Gross
35 hours £27,300 £2,275
37.5 hours £29,250 £2,438
40 hours £31,200 £2,600

Most full-time contracts are 37.5 or 40 hours per week. The rest of this guide uses 37.5 hours (£29,250 annual) as the standard.

Your Take-Home Pay

Scenario Annual Take-Home Monthly Take-Home
No student loan £23,595 £1,966
Plan 2 student loan £23,419 £1,952
Plan 1 student loan £23,165 £1,930

How £15/Hour Compares

Benchmark Hourly Rate Annual (37.5hrs)
National Living Wage (21+) £12.21 £23,810
Real Living Wage (national) £12.60 £24,570
Real Living Wage (London) £13.85 £27,008
Your rate: £15/hour £15.00 £29,250
UK median hourly (all workers) ~£15.50 ~£30,225
UK median full-time salary ~£35,000

At £15/hour, you’re earning just below the UK median hourly rate but below the median full-time salary (because median full-time workers tend to work more hours and include salaried workers with longer weeks).

Monthly Budget on £15/Hour

Outside London

Expense Monthly Cost
Rent (room in shared house) £500
Council tax (share) £60
Bills (share) £70
Food £200
Transport £80
Phone £20
Socialising £100
Total essentials £1,030
Remaining £936

London

Expense Monthly Cost
Rent (room in shared house, Zone 3-4) £750
Council tax (share) £60
Bills (share) £70
Food £220
Transport (bus/Oyster) £150
Phone £20
Socialising £100
Total essentials £1,370
Remaining £596

Jobs That Pay Around £15/Hour

Job Typical Hourly Rate
Experienced care worker £13-£16
Warehouse team leader £14-£17
Retail supervisor £13-£16
Dental nurse £13-£16
Administrative assistant £13-£16
Lab technician £14-£17
Teaching assistant (Level 3/HLTA) £13-£16
Junior IT support £14-£17
Delivery driver (employed) £13-£17
Security guard (SIA licensed) £13-£16
Chef (experienced) £14-£17
Pharmacy technician £13-£16

Can You Afford To…?

Goal Feasible on £15/hour?
Live independently (outside London) Tight — studio/1-bed £550-£800/month
Flatshare ✅ Comfortable
Save for a deposit (LISA) ✅ £100-£300/month possible
Run a car ✅ Budget carefully (£150-£250/month total)
Get a mortgage (solo) ~£131,000 max borrowing (4.5x)
Support a family (sole income) Very tight — would need benefits support
Holiday abroad ✅ Budget trips, 1-2 per year

Overtime and Shift Enhancements

If your employer offers overtime or shift premiums, £15/hour base rate can earn significantly more.

Enhancement Effective Rate Extra per Month (10 hours/week OT)
Time and a quarter £18.75 £812
Time and a half £22.50 £975
Double time (bank holidays) £30.00 Per shift

10 hours of overtime per week at time and a half adds nearly £12,000 per year.

How to Move Beyond £15/Hour

Strategy Potential Increase Timeline
Get supervisor/team leader role £16-£19/hour 1-2 years
Gain qualifications (NVQ, City & Guilds) £17-£22/hour 6-18 months
Switch to higher-paying employer £16-£18/hour Immediate
Move into skilled trade £18-£30+/hour 2-4 years
Build experience for public sector role £15-£20/hour + pension 1-3 years

Sources

  1. ONS — Annual Survey of Hours and Earnings