Salary Survey for the Production Industry 2024
The purpose of this analysis is to provide a comprehensive overview of salary trends within the Production industry. This report includes data from 2022 and 2024, allowing for a comparison of salary changes over the two years. This information is crucial for employers and employees to understand the current market landscape and make informed decisions regarding compensation. Data for this analysis was collected from various placement records, ensuring a broad and accurate representation of salaries within the production sector. The analysis includes both average salaries and salary ranges to provide a complete picture.
Market Overview
The standard weekly working hours for production workers in the UK typically range from 37.5 to 40 hours, with variations due to shift work. Overtime is commonly offered with most production engineering roles. While the average overtime rate is 1.25-2 times the regular hourly rate, actual rates can vary based on industry standards and company policies.
Management and Support Salary Review 2022 v 2024
Below you’ll find the average salary bands for key production roles in the Midlands UK. Use these insights to benchmark your workforce’s salaries against market trends and ensureyou’re offering competitive compensation to attract and retain top talent.
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Below you’ll find the average salary bands for key production roles in the Midlands UK
Machining Salary Review 2022 Vs 2024
Below you’ll find the average salary bands for key production roles in the Midlands UK.
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Below are the average salary bands for key production roles in the Midlands UK.
Insights from our specialists
Sharon Pickering
Divisional Manager - Production
"ProductionDuring the last months, there’s been a shortage of skilled candidates. Welders are becoming very few, especially the good ones with the skills that are in demand. Hence, pay rates have had to go up to reflect this. I would say that probably over the last six months, for a good welder, companies pay around two pounds more per hour, raising the average to around £16 per hour. Clients are now retaining their staff. They're offering more benefits and flexible times, allowing them to work Monday to Thursday, as opposed to five-day weeks, so they can have the day off on Friday. They're also offering things like healthcare for key workers, longer breaks, and are increasing their current worker's salary to retain them because they know that these skills are very much in demand."
Scott Lydon
Principal Consultant Mechanical and Electrical
"In the past six months, there's been a shift towards contractors in engineering, driving up pay rates. Mechanical and electrical fitters and engineers are in high demand, especially due to the resurgence in the housing industry and supply chain impacts. Key sought-after skills include mechanical and electrical maintenance, particularly for electrical panel builders. Scott LydonPrincipal Consultant - M&EAs manufacturing plants approach shutdown periods, and the demand for mechanical maintenance fitters who can complete projects quickly has increased. Pay increases have been occurring due to the rising cost of living and a reduction in available talent. Hourly pay rates have increased by about 5% to 10%, with larger organisations offering more than this to attract top talent. To attract talent, clients are enhancing welfare facilities and offering benefits beyond pay. Companies are getting creative with cost-free perks such as extra days off and bonuses. This shift reflects a growing appreciation from candidates for value-added benefits, with some even accepting lower salaries in exchange for better perks. Over the past two years, there's been a notable increase in the importance placed on these benefits."
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