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Monday, 14 October

Apprenticeships - Better Than Uni

NAW 2018

Apprentices will earn more than uni students, new FMB research reveals.

Apprentices, particularly in the construction and related fields will go on to earn thousands of pounds more, every year, than many of their university educated counterparts, according to the latest research by the Federation of Master Builders (FMB).

Building firms across the UK were asked what they pay their tradespeople and the average annual salaries were as follows:

1) Site managers earn £51,266.

2) Plumbers earn £48,675.

3) Supervisors earn £48,407.

4) Electricians earn £47,265.

5) Civil engineering operatives earn £44,253.

6) Steel fixers earn £44,174.

7) Roofers earn £42,303.

8) Bricklayers earn £42,034.

9) Carpenters and joiners earn £41,413.

10) Plasterers earn £41,045.

11) Scaffolders earn £40,942.

12) Floorers earn £39,131.

13) Plant operatives earn £38,409.

14) Painters and decorators earn £34,587.

15) General construction operatives earn £32,392.

 The highest reported annual salary for bricklayers in London was £90,000 a year.

 

The UK’s university graduates earn the following average annual salaries:

  • Pharmacists earn £42,252.

  • Dental practitioners earn £40,268.

  • Architects earn £38,228.

  • Teachers earn £37,805.

  • Chartered and certified accountants earn £37,748.

  • Midwives earn £36,188.

  • Veterinarians earn £36,446.

  • Physiotherapists earn £32,065.

  • Nurses earn £31,867.

Brian Berry, Chief Executive of the FMB, said: “Money talks and when it comes to annual salaries, a career in construction trumps many university graduate roles. The average university graduate in England earns £32,000 a year whereas our latest research shows that your average bricky or roofer is earning £42,000 a year across the UK.

"In London, a bricklayer is commanding wages of up to £90,000 a year. Pursuing a career in construction is therefore becoming an increasingly savvy move."

 

The cost of an education

University students in England will graduate with an average £50,800 of debt, according to The Institute for Fiscal Studies, while apprentices pass the finish line completely debt-free. Not only that, apprentices earn while they learn, taking home around £17,000 a year.

Picture: National Apprenticeship Week 2018

Article written by Brian Shillibeer

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