- New data published by small business insurer Simply Business revealed that joiners have seen the fastest growth in earnings, by a huge 36% between 2020 and 2021
- Trades that also saw a significant rise in earnings were furniture removers (14%), glaziers (11%) and dryliners (10%)
- In comparison, the research reveals that electricians’ average earnings increased by just 5%,
21 April 2022, London – A boom in home renovations has led to a dramatic increase in earnings for joiners, furniture removers, and glaziers, reveals small business insurer Simply Business.
As millions of households sought home renovations in the midst of the pandemic*, glaziers and furniture removers saw their turnover grow by 11% and 14%, respectively.
By contrast, electricians only saw an increase of 5%, followed by roofers who saw their earnings increase by 6% . Overall, joiners generated the highest income, gaining a 36% growth in earnings in 2021.
Simply Business, one of the UK’s largest small business insurance providers, analysed over 200,000 policies from tradespeople across the UK to reveal the biggest growth in earnings across the trades.
Alan Thomas, UK CEO at Simply Business, comments: “The past couple of years have been remarkably hard on tradespeople, so it’s encouraging to see that an increase in demand for their skills has led to a rise in earnings for so many in the trades.
“Over the past two years, tradespeople have demonstrated remarkable resilience, navigating supply shortages, price hikes, inflation and tax increases. And despite this, almost half of tradespeople still remain positive about the future. The UK’s tradespeople will continue to play a key role in the rebuilding of our economy and our communities, and their ongoing resilience should give us all confidence that we’re on the right track to recovery.”