12% earnings slump for self-employed electricians

12% earnings slump for self-employed electricians

Hudson Contract monthly pay data reveals self-employed electricians’ weekly earnings have fallen by £124 a week on average during January in comparison to December.

Managing director of Hudson Contract Ian Anfield explained: “It sounds grim, but it’s exactly what we expect at this time of year.

“After a hectic Christmas, many sites and their subbies take the opportunity to enjoy a well-earned break, and it takes until the end of January for everyone to get back into full swing.”

Even with pay rates down by 12.2% for the month, the average electrical sub-contractor continued to earn £1,016 a week.

The highest earnings were found in the East of England, with an average of £1,117, and the lowest in the South-West at £761.

It’s worth nothing that, despite the drop in January earnings, year-on-year earnings are up £42 a week, a rise of 4.3% – almost double the rate of inflation.

Hudson Contract, founded in 1996, is the UK’s largest Construction Industry Scheme payroll provider, delivering the most accurate indication of sub-contractor pay trends across the construction industry, using payroll data for more than 2,200 UK construction companies.

For more information, visit: https://www.hudsoncontract.co.uk/.

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