Earnings for self-employed electricians have reached the highest level since the start of the pandemic, according to the biggest payroll in the construction industry.
Average weekly pay rose by 2.4 per cent to £1,150 during last month, the highest December pay levels on record and 6.7 per cent higher than the same period last year.
The previous high was £1,300 in January 2020, two months before the first lockdown.
The analysis was carried out by Hudson Contract, the UK’s largest provider of tax status and employment contract services to the construction industry with annual revenues of £1.6 billion and a client base of more than 2,500 construction SMEs.
Ian Anfield, managing director, said: “We capped off 2021 with the highest earnings for electrical contractors since the start of the pandemic.
“As we have seen year after year, we usually see earnings fall back in January because people will be working fewer hours. We would then expect a steady rise in earnings to reach December levels by April.
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. It supplies statistics to the Bank of England to keep policymakers updated with real-time insights on demand for skilled labour.
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