Many Brits put in dozens of hours at work each week, while their wages barely grow.
The average worker in the UK works for 1,524 hours a year, earning a median of £45,688, according to the Organisation for Economic Co-operation and Development (OECD).
Research by Remitly has revealed there are places abroad where Brits could bank the same while putting in hundreds of hours less.
Eight out of the top ten countries are in Europe too, so British workers wouldn’t need to travel far.
Luxembourg ranked the highest, with an estimated hourly rate of £48.69 it’s a big leap from the UK’s average of £29.98.
Workers in the Western European country only need to be at their desks for 125 days to bank the average UK salary.
That’s a huge 78 days difference in the number of working days needed in Britain.
The average Luxembourger could work 480 hours less a year and still match the UK median wage, according to the analysis.
The average worker in the UK works for 1,524 hours a year, earning a median of £45,688, according to the Organisation for Economic Co-operation and Development (OECD)
Research by Remitly has revealed there are places abroad where Brits could bank the same while putting in hundreds of hours less
Luxembourg ranked the highest, with an estimated hourly rate of £48.69 it’s a big leap from the UK’s average of £29.98
However, it’s important to note the cost of living in Luxembourg is 14% higher than in the UK.
Iceland followed closely in second place, with employees banking £47.87 on average.
Workers will only have to put in 127 days to match the British salary, meaning 76 days less.
However, the cost of living is a whopping 41.5% higher compared to Britain.
Norway came third, with an estimated hourly pay of £40.25, meaning employees could work 151 days and match the UK average salary.
It may not stretch as far though, with the cost of living being 21% more in Norway.
Denmark, Austria and Sweden were all similar, with 153, 155, 155, and 157 days needed to match Brits and their pay.
In Germany, the cost of living is around 1% less than the UK and the hourly rate averages at £38.81.
Iceland followed closely in second place, with employees banking £47.87 on average. Workers will only have to put in 127 days to match the British salary, meaning 76 days less
Denmark, Austria and Sweden were all similar, with 153, 155, 155, and 157 days needed to match Brits and their pay
This means workers could put in 46 fewer days a year and still match the median British salary.
America ranked eighth, followed by Australia and Sweden that have average hourly rates of £35.31, £32.23 and £32 respectively.
Meanwhile, workers in Mexico would have to put in 6,211 hours to match the UK’s salary.
That’s the same as more than 8.5 months of working every day, according to the study.
