FMB and Unite agree pay rise for SME workers over the next two years
SME builders are in line for a pay increase after the Federation of Master Builders and Unite agreed a deal that will see wages rise by more than 5 per cent over the next two years.
Under the terms of the deal, workers will see their wages rise by 2.5 per cent this year and a further 2.5 per cent in 2017.
The Building and Allied Trades Joint Industrial Council agreement was struck after the successful conclusion of negotiations between the FMB, on behalf of SME construction employers, and Unite, on behalf of workers.
The rise will cover all workers, with the exception of the lower paid general operatives, who will see their hourly rates rise by 4 per cent this year and 2.5 per cent in 2017.
The agreement will also be “inflation-proofed”, meaning that if inflation is higher than 2.5 per cent in 2017, then the pay rise will match this up to a limit of 3 per cent.
FMB chief executive Brian Berry said: “This is a good deal, which provides certainty and reassurance to employers and employees alike.
“It strikes the right balance between on the one hand recognising the importance of boosting pay in line with solid growth and positive future expectations, and on the other hand accepting that margins continue to be tight and the economic outlook continues to be clouded by a number of uncertainties.”
Unite’s national construction officer John Allott said: “The higher increase to the lowest paid was needed, as many operatives’ living standards took a knock during the economic downturn.
“The inflation-proofing of the second year’s rise provides some further reassurance that living standards will receive protection against a jump in inflation.”