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Are your wages on the up due to a skills shortage?



 Sep, 14 - 2017   General

The Daily Mail has been reporting that Electricians are earning £156,000 a year and that plumbers are earning £50,000 a year.

According to the article, wages for tradesmen have risen by as much as 10% in the past 12 months.

The Daily Mail puts the “sky rocketing” wages down to a skills shortage in the UK.

The report continues to discuss the skills shortage, which many on our twitter feed argue is made up of false claims.

The last four years have seen demand for skilled trades like electricians and carpenters soar, now plumbers are being added to the mix.

Last year’s Brexit result has also left a sense of uncertainty for foreign trades-people, who are often brought in to do the work as there are not enough workers in the UK.

Despite this, social media is awash with plumbers, gas engineers and electricians who disagree with this and call it fake news.

 

What do we believe?

In a recent article for Installer online, Mark Krull spoke about the subject of skills shortages.

“The 2015 Employer Skills Survey showed that vacancies for workers had grown significantly over the previous two years, with a 43% deficit in qualified professionals to meet this demand.

Plumbers and gas engineers are some of the most in-demand, with over a third of vacancies termed ‘skillshortage vacancies’.”

“To meet this need, the Government has put a big push behind apprentices. The Apprenticeship Levy was recently introduced to create three million new apprenticeships by 2020.

Apprenticeship standards are being reformed so they’re more in line with employer requirements providing better training and simplified funding systems.

The Levy can also be used to develop existing staff, as long as training fits within the approved standards.”

This subject is causing a lot of debate in the industry at the moment. There are those who feel that there are too many low skilled trades people flooding the market and there are those who feel that there is a real need to add to the talent pool.

 

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