Construction pay rises hit six per cent

Pay increases in the construction sector are running at around six per cent, three times the average rate for all workers, a survey has found.

January 15, 2016
Published

Pay increases in the construction sector are running at around six per cent, three times the average rate for all workers, a survey has found.

Research by the Royal Institution of Chartered Surveyors (Rics) found that pay inflation was being driven by a shortage of skilled staff in various areas.

The report stated that this is an ongoing problem that needs to be addressed, as otherwise the government's plans to invest in building homes and infrastructure could be endangered by a lack of labour.

Rics chief economist Simon Rubinsohn said: "While workloads are still growing at a relatively healthy pace, labour shortages in the construction sector are causing delays at different stages in the development process and leading to significant problems with project planning."

However, the report also noted that higher pay in the sector is good news for those looking for work in it.

It said construction jobs could be particularly attractive to those who have left the industry but are thinking of returning, or school leavers considering their career options.

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