HVP Magazine – Further increase of self-employed plumbers average earnings

NEWS

FURTHER INCREASE IN AVERAGE REVENUES OF SELF-EMPLOYED PLUMBERS

16:38,September 21, 2021

The cost of hiring a plumber continued to rise in August, despite the holiday season. The second consecutive monthly increase highlights inflationary pressures in the construction supply chain.

The latest wage data from Hudson Contract shows that average weekly wages for self-employed plumbers rose 0.6% in August to £978 a week.

Ian Anfield, Managing Director at Hudson Contract, said: “Self-employed plumbers earn a good living with strong demand for their specialist services. Most construction companies report a full order book, driven by new construction and renovation.

“This growth poses challenges with labor and material shortages. Costs are increasing day by day, putting pressure on margins and making it difficult to price new projects, and shortages are causing delays in existing projects.

“Many companies are looking forward to the end of government income support for the self-employed this month, which should encourage more people to return to work.”

Hudson Contract provides the most accurate indication of the wage trends of subcontractors in the construction industry and publishes the average wages for a spectrum of 17 different occupations across 10 regions in England and Wales. It provides statistics to the Bank of England to keep policymakers informed with real-time insights into the demand for skilled labour.

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