The Covid-19 recovery is already having a positive impact on electrician salaries, according to Hudson Contracts.
Despite the UK still being under a strict lockdown caused by a second wave in Covid-19 infections, earnings for electricians supposedly shot up by a whopping 12.7% in February. In fact, electrical contractors saw their weekly pay rise to £1,088, the highest level since November and reversing the 10.4% decline seen in January.
Ian Anfield, managing director for Hudson Contract, said: “We are seeing growing demand for electrical contractors across England and Wales. Many of our clients are in the house-building sector and report full order books.
“Interest rates are at a near-record low, latest Bank of England data show the mortgage market is strong and the government is committed to new infrastructure spending. The construction industry is hitting its stride again after slowing down for the festive break.
“The pandemic has been tough for everybody but the construction industry has fought its way through, highlighting its importance to the wider UK economy.”
With the UK now used to the lockdown normal, the country is slowly beginning to recover. However, Hudson Contract did note in its last update that January tends to see a seasonal slowdown, meaning this pick up in salaries may not be purely down to a Covid-19 recovery.
In fact, with lockdown set to ease further as soon as Monday, 2021 could be a great year to be in the electrical industry. That will be especially true if the UK commits to a green recovery from Covid-19, although that has yet to materialise.
Anfield added, “The skilled trades continue to offer great potential for people who want to start or switch careers.
“We are playing our part in promoting the trades through our 10-year-old apprentice spon-sorship scheme, which is creating meaningful training opportunities for young people in our home county of Yorkshire.”