Good news! You lot could be in for a pay rise!
Specifically, the up in wages is for those working under the Construction Industry Joint Council agreement. This is after a new pay deal was agreed worth 6.2%.
The largest agreement in the construction industry, the Construction Industry Joint Council mainly covers those in civil engineering and trades such as bricklayers, carpenters and painters. The new agreement was signed by the GMB and union Unite agreeing an inflation in wages of 3.2% from the 25th June.
Following that, pay rates will go up a further 2.9% from 24th June 2019.
Take a look at some of the top paid trades here.
But that’s not all, travel allowances are also set to increase in line with this. Lodging allowances will also increase to almost 8% too, with the limit at £40 a night. This will also once again go up in 2019 with inflation.
Industry and sick pay are also extending and increasing too. Rising to £130 a week including statutory sick pay, it will now also be paid for 13 weeks.
The Buildings Merchant Journal also reported: “The industry death benefit, paid via the B&CE, will increase from £32,000 to £40,000.”
“If a worker is killed at work or travelling to and from work their family receives double that amount.”
“There has also been a significant increase of 6.5 per cent in the payment for first year apprentices who will receive £5.50 an hour.”
“It is hoped that the increased rate will attract a greater number of new entrants into the industry.”
Unite’s national officer for construction described: “This deal is a strong step in the right direction and will give construction workers a well-deserved pay increase.”
“The increases in allowances and other benefits, underline the value of working under an industrial agreement and being part of collective bargaining arrangements.”
“Over the next two years we will be working to further strengthen the agreement and ensure that it is brought into line with other agreements in all matters and is seen as relevant on major construction sites.”
“Construction workers need to remain vigilant that employers actually pay the agreed pay rates.”
“Too often in construction employers try to boost their profits by failing to pay agreed increases.”
To save yourself more cash, and get to spend these increased wages on yourself rather than work gear, check out our top money saving tips for tradespeople here.
So what do you lot think of this? Are you impacted by this? Let us know in the comments below.