Labour costs
Staffing costs in Scotland, including indirect
social wage costs such as employer national insurance, are among
the lowest in Europe. Labour and real estate costs are approximately 40% lower
than London and the south-east of England. Earnings in Edinburgh
City Region are higher than the Scottish average, but lower than
the UK average, reflecting the calibre and occupational structure
of the local workforce.
In European terms, earnings in Edinburgh City
are on a par with its northern European competitors and
significantly higher than city-regions in southern and eastern
Europe.