Reports of Electricians Earning up to £156,000 a Year
Due to a massive skill shortage in the UK it is reported by recruitment firm Manpower and published also in the Daily Mail that some electricians are earning up to £156,000, which means they are making £3,000 a week.
This is a significantly high sum reported and enthuses us as a training centre to teach and qualify people to fulfil their ambitions as an electrician. It would mean that some electricians earn more than the Prime Minister of this country.
There is also an ONS Study published in November 2020 exemplifying how the average earning of an electrician in the UK has increased almost by 9% since 2017 to £33,495 in 2020. This figure stands at a higher £37,529 in London. It just shows how much demand there is for electricians in this country and that it is a good avenue of trade to practice.
With an anticipated increase of 56% in global construction work by 2020, this makes it a perfect career to invest in. It is reported that electricians are the best paid tradesmen around the world.
But How Realistic Is This?
Usually, electricians earning high sums of money are established self-employed electricians. Self-employed electricians can expect to be paid around £35,000-£40,000 a year in London & South East. This sum could be much higher as reported in the studies above.
Electricians can expect to earn around £40-£80 per hour for normal work they can envisage to do. For instance, when conducting an installation for an electric cooker, you can expect to earn £50-£80 for a 0.5hr-1hr job. Similarly, a light fitting replacement could be charged at around £40-£60, again for a 0.5.hr-1hr job.
Key To Earning More?
To be a electrician earning high sums of money, reputation is a key thing that needs to be developed by any self-employed electrician aiming to earn high sums of money as stated in this article.
You should expect to do a lot of hard work and conduct them at a high standard. You should also be keeping your promises and turn up to places you said you will on time, to ensure dependability. These things in turn, will encourage people to recommend you to others and that is what you would want as a self-employed electrician.
Finally, always but always look to invest in yourself by increasing your knowledge and qualifications where you can. That way you could be doing more challenging work that you can expect to earn more for as there will be less and less people with the same level of qualifications as you.