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30 APR 2018

Construction wages forecast assumptions

The BCIS assumptions for the future of construction labour cost inflation used in our current forecasts are set out below:

  • National Insurance – National Insurance rate will remain unchanged throughout the forecast period.
  • Builders’ wage awards
    +2.5% effective from July 2018
    +2.5% effective from July 2019
    +3.0% effective from July 2020
    +6.0% effective from July 2021
    +5.0% effective from July 2022
  • Plumbers’ wage awards
    +2.5% effective from January 2019
    +3.0% effective from January 2020
    +6.0% effective from January 2021
    +5.0% effective from January 2022
  • Electricians’ wage awards
    +2.8% effective from January 2019
    +3.0% effective from January 2020
    +4.0% effective from January 2021
    +6.0% effective from January 2022
  • H and V Engineers’ wage awards
    +2.5% effective from October 2018
    +2.5% effective from October 2019
    +3.0% effective from October 2020
    +6.0% effective from October 2021
    +5.0% effective from October 2022
  • Steelworkers’ wage awards
    +2.5% effective from January 2019
    +3.0% effective from January 2020
    +4.0% effective from January 2021
    +6.0% effective from January 2022

BCIS produces forecasts for resource costs and prices for:

  • Building
  • Civil engineering
  • Facilities management – maintenance and cleaning

Details of the current wage rounds are published in the Briefing section of the BCIS online services, including BCIS Building Running Costs Online