Money

GUEST ARTICLE: Construction sector – pay continues upward rise

  • 16 Apr 2019

Weekly earnings for freelance tradespeople in the construction sector continued to grow last month, according to latest figures released by Hudson Contract.

Analysis of March payroll data for more than 2,200 construction companies in England and Wales reveals a 1 per cent increase in average pay to £899 per week.

However, tradespeople in London saw a decrease, slipping 1.1% to £903 in March compared to February. The East Midlands was the only other region to record a month-on-month fall in earnings, edging down 0.1% to £912.

The rest of the regions saw strong month-on-month growth in weekly earnings, led by the South West (3.0%), the South East (2.8%) and the North West (2.2%).

Year on year, average weekly pay saw a healthy increase of 8.1 per cent to £899 compared to March 2018, although the previous period was affected by adverse weather conditions. Yorkshire and the Humber has seen the strongest increase over the 12 months, with a 9.9% rise in average earnings to £842 in March 2019.

Earnings

Ian Anfield, MD at Hudson Contract, said: “Our figures show demand stayed strong for skilled tradespeople across the regions in England and Wales last month.

“However, the fall in average freelance weekly earnings for tradespeople in London could have been caused by a combination of political uncertainty and a slowing housing market in the capital.

“This view might be supported by the decrease in weekly pay of 1.5% for plumbing and electrical contractors in London.”

Commenting on today’s IHS Markit / CIPS UK Construction PMI, Mr Anfield added: “The fall in commercial work is due to Brexit uncertainty which is causing businesses to hold back on new investment.

“The weak pound, a sign of this uncertainty, is increasing the cost of importing steel, concrete, plaster and plastic building products, which is leading to input inflation.

“We are also seeing tier two contractors pricing up work for the tier one contractors to reflect the risk of dealing with the financially troubled outsourcing sector.

“The fall in civil engineering activity is likely caused by a number of large government-led infrastructure projects such as Crossrail winding down, whilst new projects like HS2 are still in their early stages.

“The rise in residential building is a reflection of pent-up demand for new housing in the UK.”

Mr Anfield added: “Whatever happens with Brexit and the wider economy, the construction industry will continue to rely on self-employed tradespeople and their ability to supply specialist labour.

“Their steady rise in earnings over the last year highlights the general shortage of skills in the sector and good financial incentives for young people to learn the trades.”

Trades: biggest winners

 – Mechanical & Engineering +7.4% to £1,137

 – Shop fitters +4.8% to £1,227

 – Bricklayers +4.8% to £781

Trades: biggest losers

 – Insulation -2.7% to £921

 – Steel & Timber Frame Erection -2.7% to £774

 – Plastering -2.5% to £783

Leave a Reply

Latest news

Scafftag

Take full control of your site inspections with Scafftag's comprehensive tagging range

Scafftag inspection tag systems help control pre-shift inspections, maintenance and identification of all and any aspect of site and/or equipment, improving workplace safety and communication.

Posted in Articles, Building Industry News, Building Products & Structures, Facility Management & Building Services, Health & Safety, Site Preparation

ASSA ABLOY

Are specifiers ready for the new UKCA mark? ASSA ABLOY ask

ASSA ABLOY Opening Solutions UK & Ireland is urging specifiers to ensure they are ready for the new UKCA mark, which is replacing CE marking for products sold in Great Britain.

Posted in Access Control & Door Entry Systems, Architectural Ironmongery, Articles, Building Industry News, Building Products & Structures, Building Regulations & Accreditations, Doors, news, Posts, Security and Fire Protection

CUPA PIZARRAS

Snowdonia approves CUPA PIZARRAS ‘CUPA 12’ Slate

Snowdonia National Park Authority, the local planning authority for Wales’ largest national park, has approved a second CUPA PIZARRAS slate for use on roofs in the prestigious area.

Posted in Articles, Building Industry News, Building Products & Structures, Case Studies, Restoration & Refurbishment, Retrofit & Renovation, Roofs

C-TEC

C-TEC’s CAST fire system specified for Stiller’s new site

C-TEC’s innovative CAST XFP addressable fire alarm system has been specified for a high-tech logistics site in County Durham.

Posted in Articles, Building Industry News, Building Services, Case Studies, Health & Safety, Innovations & New Products, Retrofit & Renovation, Security and Fire Protection