Trade businesses and tradies are reaping the rewards of a thriving industry.
On average, a tradesman earns $60.88 per hour, a 0.3% increase from last year.
New research uncovers the big winners this year are builders in New South Wales. NSW has the wealthiest builders at $77.85 an hour, a rise of 27.7%, while Queensland has the most expensive landscape gardeners at $70.57.
Tradie Rich List 2016, with average rates per hour:
- WA Plumbers $87.67
- WA Electricians $87.33
- NSW Builders $77.85
- NSW Plumbers $77.42
- VIC Plumbers $77.03
- QLD Electricians $75.23
- WA Builders $71.52
- QLD Landscapers $70.57
- VIC Electricians $68.68
- QLD Plumbers $68.58
Industry insights
Eric Lynch, licensed electrician and director of ElectricSun says, “I’m able to earn between $65 and $75 an hour, with commercial work charged at the higher rate and residential work at the lower rate.”
Lynch continues, “The way to get the best rate is to always produce high-quality work, leading to client referrals. I have increased my hourly rate over time as the cost of inputs has risen.”
He reports that the demand for his services is only increasing.
ServiceSeeking CEO Jeremy Levitt supports these reports and agrees with Lynch, “When it comes to running a successful business and increasing hourly rates, it’s essential to deliver exceptional quality of service that stands out from the competition. There are also many other steps trades businesses can take to help improve revenue,” says Levitt.
“It’s also important to continually upskill yourself and your employees. Don’t forget to be active in the community, online and offline, to help improve your branding. And hire more staff once when you need to, to help maintain a high quality of work,” he adds.
Trades businesses that do this will give themselves a competitive advantage in a market filled with enterprises with varying levels of service. For further reading on the topic, click here.
A future in the trades
Trade businesses and tradies are reaping the rewards of a thriving industry. This is a great time to get qualified and help secure your position in the growing trade’s environment. Whether you are an employer, apprentice or a tradesperson, we have the services to help you grow.
If you are looking for a career in trades, Gold Coast Trades College can help you. We are dedicated to maximising the performance of our students, teams and businesses through customised training and development solutions. Our training courses will equip our students with field experience and firsthand training to surpass others competing for the same industry opportunities.
We understand that a business’s success depends on the quality of its staff. Our tailored training programs are designed to improve your team’s skills, increase workplace productivity and meet your specific business needs.
Our holistic and consultative approach ensures individuals receive relevant and applicable training and trade experience.
Find out more information on our apprenticeship courses or contact the friendly team at Gold Coast Trades College today – (07) 5669 9000
