The nation’s first ever construction pay trends index has been launched by Hudson Contract, to reveal that Wales has seen the biggest (5.3%) year-on-year increase in earnings amongst self-employed tradesmen – compared to just a 1.8% uplift nationally across England.
The interactive tool reveals weekly pay differences by region, age and sub sectors; providing tradesman, building apprentices and other industry analysts with a unique insight into pay levels, it also reveals the impact weather, location and economic factors have on earning potential.
The biggest drop in average weekly pay in the building industry was experienced in the North East which saw a 2.1% decrease in earnings year-to-date in 2016 compared to 2015. It was closely followed by a 0.4% decrease in London.
Across all construction trades, the highest increase in earnings year-on-year for sub-contractors was within the roofing industry which experienced 6.1% growth, followed by 4.8% in plastering and 4.2% in scaffolding.
The index will update monthly to reveal the latest pay trends – providing an online career resource for building apprentices through to industry analysts.