Self-employed tradespeople are commanding record rates for their skilled services. That’s according to our payroll – the biggest in the UK construction industry.
Average weekly earnings rose by 1.6 per cent to £959 during last month, the highest December pay levels on record and 5.2 per cent higher than the same period last year. Subcontractors enjoyed their biggest-ever December pay packets in the East Midlands (£1,053), the East of England (£1,024), London (£1,016) and the South East (£1,025).
Ian Anfield, managing director of Hudson Contract, said: “We capped off 2021 with all-time highs in subbie earnings with the best-performing regions being more than 10 per cent up on December 2020.”
He added: “As we have seen year after year, we usually see earnings fall back in January because people work fewer hours. This is because colder temperatures make the wet trades more difficult – though this year seems mild by comparison – and we have the added complication of Covid and materials shortages slowing things down instead.
“From February on we would expect a steady rise in earnings to reach December levels by April. Before Christmas people were doing more hours and commanding the highest rates that self-employed trades have ever been able to charge but with all the other factors it is difficult to predict what 2022 holds.”
|Region||December 2021 Average||Month on Month % Change||Year on Year % Change|
|Yorkshire & Humber||£884||-1.7%||4.4%|
|East of England||£1024||3.5%||4.0%|
To view our interactive pay trends map click here
December was a particularly good month for steel and time frame contractors, who enjoyed record earnings at £1,035 per week.
Hudson Contract delivers the most accurate indication of subcontractor pay trends across the construction industry, publishing the average pay for a spectrum of 17 different trades split across 10 regions in England and Wales. We regularly supply statistics to the Bank of England to keep policymakers updated with real-time insights on demand for skilled labour.