Earnings for self-employed plumbers fell by 22.4 per cent in December, according to the latest figures released by Hudson Contract.
Analysis of December payroll data for more than 2,200 construction companies in England and Wales reveals a weekly average of £904 during December, consistent with time taken off work to spend time with families over the festive period.
Between January and November last year, earnings for freelance plumbers rose from £1,054 to £1,166, representing growth of 10.6 per cent.
Ian Anfield, managing director of Hudson Contract, said: “The very strong growth in weekly earnings over the year shows the financial rewards available for skilled freelancers.
“With the general election out of the way and a majority government in place, businesses can plan ahead for 2020 with more confidence and start to invest again, which is good news for the construction sector and wider economy as a whole.”
Hudson Contract delivers the most accurate indication of sub-contractor pay trends across the construction industry, using payroll data to publish the average pay for a spectrum of 17 different trades split across ten regions in England and Wales.
About Hudson Contract:
Hudson Contract, founded in 1996, is the UK’s largest professional workplace audit and Construction Industry Scheme (CIS) contract provider. The family-owned group provides audit contract and payroll services to more than 2,200 construction SMEs, on whose behalf it processed 1.7m payments last year. Hudson Contract’s monthly figures offer a valuable insight into pay trends in the £90bn construction industry, which accounts for 6.7 per cent of the UK economy and supports 2.9m jobs.
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