Self-employed wages back to pre-Covid levels

Aaron Morby 4 years ago
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Demand for skilled labour has seen self-employed trades enjoy their best month of earnings since the start of the pandemic.

According to the industry’s biggest payer of subcontractors, Hudson Contract, average weekly pay rose by 3.7% to £920 during March, the highest figure since February 2020.

Weekly earnings reached all-time highs in the East of England (£1,016) and the East Midlands (£968). While all regions except Wales had month-on-month earnings growth.

Region March 2021   Average Month on Month   % Change Year on Year   % Change
North East £788 2.3% 10.5%
North West £901 2.9% 5.0%
Yorkshire and Humber £859 7.5% -8.3%
East Midlands £968 3.6% 4.6%
West Midlands £927 4.9% 12.1%
Wales £833 -2.1% -11.6%
East of England £1,016 5.0% 5.2%
London £908 3.2% 2.0%
South East £970 3.1% 4.0%
South West £886 2.9% -1.3%

 

Ian Anfield, managing director, said: “Our latest figures show that self-employed tradespeople are reaping the rewards for their enterprise and efforts.

“Many have carried on during lockdowns to deliver the housing and infrastructure that Britain relies on.”

He added: “We continue to see strong demand for skilled labour on building sites and many of our clients are reporting full order books. 

“The housing market is booming due to the stamp duty holiday and government is committed to infrastructure spending across the UK.”

 

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