Construction industry employees, whether they are construction workers or not, can earn more than Rs 6.5 lakh per month from construction companies on the basis of salary.
This is because the construction industry has an average annual salary of Rs 3.8 lakh, according to a report released by the National Employers’ Council (NEC) on Monday.
The report, titled “The average annual Salary of Construction Industry Employees, 2015-16”, said that the average annual wages of construction workers increased by Rs 632.50 per month between April 2017 and April 2018, while the average salary of engineers, mechanics, and other similar jobs also increased by almost Rs 8.50 lakh.
However, the report stated that the wages of workers in construction are less than the average salaries.
The wages of engineers and mechanics in construction fell by almost 8 per cent in the same period.
The average salaries of other construction industry workers also decreased.
The average salary is the total wages received for the entire year, including bonuses and wages for overtime, the NEC said.
It added that construction workers have a right to increase their salary by 5 per cent annually, and the NEC is monitoring this issue.
The report also stated that in the last fiscal year, salaries of construction industry employees were around Rs 6 lakh per annum.
However, the wages paid to workers in the construction sector increased by about Rs 2 lakh crore during the same year.
The number of construction jobs has been on a steady decline in the country, with the number of workers working in the industry falling by about 13 lakh in 2017-18, the Ministry of Labour said in a statement.
According to the Ministry, the average wage of construction labourers rose by 5.4 per cent to Rs 7,931.12 in the year 2017-2018.
The wage for engineers, mechanic, and similar workers rose by 9.8 per cent.
The number of other sectors that have experienced a decline in their average annual wage was the construction and mining sectors.
The total number of occupations of construction and construction and related related services increased by 1.6 per cent during the year.