Big Increases In Construction Workers Pay Last Year
A recent report has claimed that the average wage of construction workers grew by 10.4% in 2014. The report was based on advertised salaries in November last year and saw an increase across all sectors of 5.8%, taking the UK average wage to £34,549.
Even this average increase across the board was much greater than the Consumer Price Inflation rate of just 1% in the year to November.
The report from Adzuna.co.uk stated that the construction industry had seen the third largest increase in salaries after Customer Service and Manufacturing and saw the average construction workers wage at £38,704.
Every UK region experienced a growth in average salaries with the North East leading the way at 11.6% followed by Yorkshire and Humber on 10.76%. Overall, salaries in the South East were higher than the North, however the gap is set to close in 2015.
Andrew Hunter co-founder of the company that produced the report said ” The job market has seen significant revival over the past year. The most recent figures provide a solid base for optimism as we head into 2015. But it’s important not to rest on our laurels. The fact that the number of advertised job vacancies has continued to blossom over and above the number of jobseekers in November is definitely a sign that the labour market has cultivated momentum over the course of 2014, but this peak in advertised vacancies at the close of the year may owe as much to seasonal work as it does to the resurgent core of the jobs market.”
At On The Tools we are more than a bit sceptical of this reports findings, what do you think?