The average asking salary across the construction industry has risen 9% to £45,900.
That’s according to recruiter Randstad Construction, Property and Engineering, which analysed nearly 6,800 permanently placed construction jobs in the 12 months to 30 May 2018.
Salaries rose despite a drop in the number of vacancies advertised, according to Randstad. Pay in site management has risen 3%, with average asking salaries rising from £47,100 a year to £48,500. Assistant site managers’ asking salaries hit £37,600 per year with the highest-flying candidates being offered £48,500 a year in London, according to Randstad’s data. Meanwhile site managers have seen their pay rise 3% to £50,500, up from £48,800 the previous year. Average salaries are higher in London, currently sitting at £53,400. One senior site manager, a role now typically being paid £62,900 a year, secured a new job in Welwyn Garden City on a salary of £78,000, the recruitment firm claimed.
Maintenance engineers have seen salaries rise by 5%, from £31,800 to £33,500. In project management, average pay has risen 8%, from £59,500 to £64,200. Pay for senior project managers has risen 7%, from £75,700 to £80,800.
Site engineers have seen pay rise even further. Average asking salaries have risen 19%, from £37,100 to £44,300 – with the best site engineers in the capital being paid up to £68,700, Randstad claimed.
Owen Goodhead, managing director of Randstad construction, property & engineering said: “The best senior site managers are earning close to an MP’s salary. While that’s good news for individuals, it’s potentially not such great news for the economy.
“Our research shows that construction workers from overseas are being put off coming to the UK and those that are here are thinking about moving elsewhere; we know that over a third of European construction workers who are already here have considered leaving the UK due to Brexit. This should be of huge concern to industry leaders and the government, especially in the capital where nearly one in three people working in London’s construction sector were born in the EU. The shrinking pool of EU talent is already driving up wages – that’s the power of supply and demand.”
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I don’t see any mention of skilled trade wages i.e. Bricklayers, Carpenters, Plasterers etc.!!
Why is it bad for the economy that Construction Senior managers earnings are close to a MP’s?
Industry leaders and the government should be concerned that nearly one in three people working in London’s construction sector were born in the EU, Why is this?
This whole article seems to suggest its a bad thing that Construction workers are paid a decent pay and blaming Brexit AGAIN
Ive just been quoted over £3K for the assessment route from CSCS Gold to Black card and was charged £15.00 for a 10 min call to CSCS, 8 of them was while on hold!!!!,
And just spent over £2K renewing my tickets,,,,, just to able to get on a job
Guess I am going to need that £50K a year
This article is full of conflicting information where the same job role is mentioned more than once with different salaries.
I’m so glad for the industry it’s about time that it starts to pay the right amount for its skilled workforce, this will go along way towards attracting people to work in construction, and show the true value that’s on offer to those who work within. For a long time agency’s have fought a cut throat game of undercutting wages to win the work with the skills being devalued. For construction to be the successful industry it wants to be a few things need to change, wages for tradesmen and managers being one of them, I would like to see the work operative removed for the industry it one of nothing and is degrading. Everyone has an important role to play within this professional industry and should be acknowledged respectfully for what they bring. More focus on building teams by appraisal to all of those who work on the project to show that they are valued and with that you support the pride that the industry has.
The key thing is to develop the CIOB membership to take apprentice trades then provide a career path as so many trades go onto site management. thus showing it’s a worth while industry to be in and you will not be worried about shortage of the skilled trades that are in the UK but refuse to work in it because of the lack of teamwork spirt and appreciation.