HGV salaries still way above inflation

August 6, 2008
Filed under: Financial, Industry News, Training — 'The HGV Newsbot' @ 2:17 pm

In these ‘difficult economic times’ as Gordon Brown is so fond of saying, the haulage industry is one sector of the economy that seems to be bucking the trend.

With last month’s inflation rates at 3.8% - the price of everything is going up but most people’s salaries are not. Poor old public sector workers have had to make do with a paltry 2.6% pay rise this year…below the rate of inflation…so they’re actually worse off than a year ago.

This is not true for HGV drivers. Demand for qualified drivers has meant that salaries for drivers are continuing to rise, over and above the rate of inflation. A salary survey carried out in May 2008 shows that HGV driver wages have increased this year by 7.8% - over double the inflation rate.

It is very rare (unless you’re a Premiership footballer), to see your salary not only keep track with inflation but actually beat it hands down! Qualified HGV drivers have only one thing to say about this….

‘Credit crunch? What credit crunch?’

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