Study reveals how much self-employed construction workers earn compared to the employed

According to a review earlier this year, self-employed construction workers are continuing to earn

Published 29th October 2019

Construction worker

According to a review earlier this year, self-employed construction workers are continuing to earn more than those that are employed. The review showed a year-on-year increase in weekly earnings of 6.7%. This translates to an average of £932 a week, which is an increase of £63 from the first quarter of 2018.

The study, carried out by the Office of National Statistics, revealed that construction salaries averaged £24,000 last year, whereas the earning potentials of a freelance construction worker can reach up to £50,000. This shows the income potential of those who are prepared to give up the comfort blanket of being employed to become self-employed.

It’s clear that construction companies need to become more flexible with their employee offerings in order to remain competitive, as well as preventing losing good employees to self-employment. Whether construction companies choose to offer better wages and a higher salary or provide better employee benefits, these companies need to make it valuable enough to avoid employees slipping through their fingers.

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