Work in HR and want to earn more money? New data suggests you might want to become a contractor!

Data analysis from CV-Library reveals the massive pay boost you could get through freelance work

With the latest labour market statistics from the ONS revealing that average weekly earnings for UK workers have increased by 3.4%, further data released today by CV-Library has found that contractor wages for HR roles are drastically outpacing average pay across the UK.

The leading independent job board analysed average salary data from hundreds of thousands of contractor jobs posted on its site and compared these figures with average pay across each sector. It found that while the average annual pay for HR professionals stands at £32,431, contractors can expect to earn up to £39,243.20 a year.

As such, the HR industry is one of the top for contractor pay* that outpaces the industry average:

  1. Engineering – 75.5% above average
  2. Social Care – 72.2% above average
  3. Manufacturing – 66.9% above average
  4. Design – up 66.8% above average
  5. Construction – 46% above average
  6. Financial Services – 45.1% above average
  7. Legal – 44.8% above average
  8. Accounting – 37.5% above average
  9. HR – 21% above average
  10. Marketing – 16.4% above than average
  11. IT – 15.8% above average
  12. Customer Service – 9% above average
  13. Recruitment – 5.9% above average
  14. Administration – 4.7% above average
  15. Education – 3.3% above average

Lee Biggins, founder and CEO of CV-Library comments:

“It’s no secret that contractors command far higher salaries than the average UK worker and our data shows that HR professionals could be earning up to 21% more than average. That being said, contracting isn’t for everyone, especially if you’re looking for stability and key workplace perks from your employer.”

In addition to the above, the job board found that the average day rate for contractors working in HR stood at £186.41, with certain job roles commanding even higher pay packets:

  1. Change Manager – £376.13 per day
  2. Learning & Development Manager – £202.60 per day
  3. HR Manager – £186.04 per day
  4. HR Business Partner – £170.09 per day
  5. HR Advisor – £130.73 per day

Biggins continues:

“High pay and flexibility can certainly be appealing factors, but at the end of the day, it’s up to your own personal preferences and what feels right for you.”

Author: Editorial Team

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