Almost a quarter of construction firms surveyed by Hudson Contract were unaware of new national living wage legislation that means apprentices aged 25 and over will have their wages increased from £6.70 to £7.20 an hour from April.
And it seems certain the pay hikes will have a big impact on the industry, with 46% of participants set to feel the financial impact of the increases.
Other key findings from the survey of 1,000 construction firms across the UK:
Hudson Contract Managing Director Ian Anfield comments: “Construction is one of the biggest apprenticeship employers, so we thought it important to gauge the opinions of our clients, since they will be affected by the new legislation.
“We’ve learned that almost half the firms we interviewed will be hit financially by the legislation, and that around a third say they are now potentially deterred from employing an apprentice aged 25 or older. However, given that apprenticeships are key to the future of construction, it’s encouraging to have gathered clear evidence that those who are given the chance to learn a skilled trade often turn out to become a valuable long-term asset to the firm that nurtures them.”