The Building and Allied Trades Joint Industrial Council (BATJIC) has secured a 4% wage increase and an additional holiday for small builders, effective from 17th June 2024.
- The Federation of Master Builders’ (FMB) chief executive, Brian Berry, heralds the agreement as a fair wage rise reflecting inflationary pressures.
- The agreement with the Unite union was finalised on 14th June, offering competitive wages and benefits.
- This voluntary accord guides many FMB members in setting employment standards, aiding in staff attraction and retention.
- BATJIC’s agreement prioritises balance between rising costs faced by employers and employees, fostering industry stability.
The Building and Allied Trades Joint Industrial Council (BATJIC) concluded an agreement for a 4% wage increase along with an additional day of holiday for small builders. This decision, agreed upon with the Unite union, represents a proactive step to address the economic challenges posed by rising costs.
Effective from 17th June 2024, the agreement underscores BATJIC’s commitment, in concert with the Federation of Master Builders (FMB), to ensuring fair compensation as a means of sustaining the labour market amid inflationary pressures. As Brian Berry, chief executive of the FMB, noted, “This year’s agreement represents a fair rise in the wage rates for the nation’s small builders, following another year of inflated prices.”
Berry further asserted that while the BATJIC agreement remains a voluntary benchmark, it serves as an influential guide for many FMB members. The framework provided by this agreement aids employers in offering competitive wages and a spectrum of employment benefits, crucial for attracting and retaining talent within the industry.
While predominantly utilised as a guideline rather than an obligatory standard, BATJIC’s decisions play a pivotal role for employers seeking to remain competitive. By aligning employment conditions with broader economic realities, the agreement facilitates a stable workforce, balancing the needs of businesses and their employees.
Through this agreement, BATJIC fosters a balance of fair compensation and employment benefits, addressing economic challenges within the small builders sector.
