Close Menu
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing & Mental Health
  • Marketing
  • HR & Recruitment
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
X (Twitter) LinkedIn YouTube
Trending
  • Olympic Gold Medallist announces multi-million-pound investment in major wellness brand
  • Loo of the year awards take home the ‘best employee’ trophy
  • DBS Fees Fall As Screening Expert Urges Employers To Review Child Safeguarding Checks
  • Britain’s best-performing local economies revealed in “UK’s most comprehensive growth index”
  • Creative Nature CEO Julianne Ponan MBE To Lead New Allergy Safety Clinic For Airlines At WTCE 2027
  • Rising fuel costs could be leaving tradespeople £7200 out of pocket each year
  • How to Chase Late Payments Without Losing the Customer
  • UK supply chain leaders unite to strengthen national defence readiness
X (Twitter) LinkedIn YouTube
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing
  • Marketing
  • HR & Recruitment
  • Travel
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • Twitter
  • LinkedIn
  • YouTube
  • RSS
You are at:Home»Finance»Half of tradespeople lost income due to work injuries

Half of tradespeople lost income due to work injuries

0
Posted By Editorial Team on February 3, 2025 Finance

A new study by Markel Direct, the specialist insurer of tradespeople, has highlighted the loss of earnings construction workers experience due to injuries sustained whilst at work.

The survey, which asked over 300 tradespeople, who had experienced workplace injury, about the impact of workplace injuries and illness revealed that half of respondents had lost income or a contract as a result of their injury.

Of those asked, 35% miss 1-2 weeks of work a year due to work-related sickness or accidents. Based on the average day rate of £238, those that have had to take up to two weeks off work would be losing over £2380 annually.

The study also explored the maximum amount of time tradespeople have had to take off due to an injury or illness, with the most common answer (23%) being four months. Based on the same day rate, those that had to take 4 months off for an injury could have lost up to £20,508 of income in that year. 

Despite the risk of injury – and accompanying income loss – in the construction industry, more than 4 in 10 tradespeople reported not having insurance to protect them against accidents on site, putting their finances and livelihood at risk. 

Rob Rees, Divisional Director at Markel Direct, commented: “Taking adequate health and safety precautions is key to staying safe, but it’s important to have a safety net in the event something happens. Arranging insurance cover – such as occupational personal accident insurance – can help support you financially if you can’t work because of an injury on the job, minimising the impact of lost days on your income”.

As well as personal cost, the economic cost of workplace injury and ill health in the construction sector was estimated at £1.3 billion for the year 2021/22, according to Health and Safety England (HSE) data.

Faulty equipment, lack of PPE and poor site safety regulations are to blame for most injuries

The survey also explored the most common causes of workplace injuries for tradespeople, with 44% of tradespeople reporting that “faulty equipment or tools” was the reason for their injuries in the workplace, whilst other reasons given were “Lack of PPE” (38%) and “Poor safety regulations on site” (36%).

The most common causes of workplace injuries to tradespeople

Cause of injury at work

% tradespeople

Faulty equipment or tools

44%

Lack of PPE

38%

Poor safety regulations on site

36%

Personal mistake

29%

Mistake or fault of others

16%

Injured while handling, lifting or carrying

13%

Not adhering to health and safety regulations

12%

Weather conditions

11%

Slips, trips or falls on same level

10%

Falls from a height

6%

41% of respondents who had experienced an injury reported that it was as a result of a third party (such as a co-worker), whilst a fifth of respondents reported not always taking the necessary health and safety measures at work, potentially putting themselves at risk of harm. 

You can find the full study on the Markel Direct website:  https://www.markeluk.com/articles/cost-of-injuries-in-trades-construction-sector

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Rising fuel costs could be leaving tradespeople £7200 out of pocket each year

How to Chase Late Payments Without Losing the Customer

Funding that grows with your business

Comments are closed.

Follow SME Today on Linkedin and share all the topics you find interesting
Porsch Reading – Find Your Perfect Business Partner
Mastermind9
Events Calendar
    November 26, 2026 10:00 am

    South West Expo Swindon

    December 1, 2026 10:00 am

    North West Expo Manchester

  • Marketing
November 5, 2026

How Local Trades Businesses Can Win More Work From Google Maps

November 3, 2026

We thought we knew our customers. Then we read their reviews

  • Finance
November 6, 2026

Rising fuel costs could be leaving tradespeople £7200 out of pocket each year

November 6, 2026

How to Chase Late Payments Without Losing the Customer

  • People
November 9, 2026

Loo of the year awards take home the ‘best employee’ trophy

October 27, 2026

Derby apprentice Harrison named among best young tradespeople in the country

  • Health & Safety
August 18, 2026

Employers Warned Not To Delay Vital Safety Training Ahead Of Employment Law Change

July 21, 2026

Loo Of The Year Awards Named Finalist In Prestigious European Industry Awards

  • Events
August 13, 2026

Entries extended for the awards putting solo female founders on a stage of their own

June 29, 2026

Great British Expos Postpones South West Expo Due to Extreme Heat Forecast

  • Community
October 1, 2026

Celebrating the over-50s building what’s on everyone else’s doorstep this International Day of Older People (IDOP)

September 1, 2026

The £1.1bn impact of tackling food waste

  • Food & Drink
November 9, 2026

Olympic Gold Medallist announces multi-million-pound investment in major wellness brand

November 9, 2026

Creative Nature CEO Julianne Ponan MBE To Lead New Allergy Safety Clinic For Airlines At WTCE 2027

  • Books
August 24, 2026

Leadership Amid ‘the Perfect Storm’: Expert Shares Fundamentally Different Approach

August 13, 2026

Independent British Author Reaches No.1 on Amazon & Donates Profits to Charity

The Newsletter

Join our mailing list for the best SME stories, handpicked and delivered direct to your inbox every two weeks!

Sign Up
About

SME Today is published by the same team who deliver The Great British Expos’. We have been organising various corporate events for the last 10 years, with a strong track record of producing well managed and attended business events across the UK.

Join Our Mailing List

Receive the latest news and updates from SMEToday.
Read our Latest Newsletter:


Sign Up
X (Twitter) YouTube LinkedIn
Categories
  • Books
  • Business
  • Community & Charity
  • Education and Training
  • Environment
  • Events
  • Features
  • Finance
  • Food and Drink
  • Health & Safety
  • HR & Recruitment
  • In Profile
  • Legal
  • Marketing
  • News
  • People
  • Property & Development
  • Sponsored Content
  • Technology
  • Transport, Travel & Tourism
  • Wellbeing & Mental Health
Magazine Information
  • About SME Today
  • Editorial Submission Guidelines
  • Advertising
  • Privacy
  • Contact
  • Editorial Complaints Policy
Copyright © 2026 SME Today.
  • About SME Today
  • Editorial Submission Guidelines
  • Advertising
  • Privacy
  • Contact
  • Editorial Complaints Policy

Type above and press Enter to search. Press Esc to cancel.

Subscribe Now!

Sign up for a FREE subscription and receive the latest news, features and updates from SMEToday:

I am interested in:
 

Thank you for subscribing to SME Today! We're thrilled to have you join our community. To complete your subscription, please check your email and click on the confirmation link. If you don’t see the email in your inbox, be sure to check your spam or junk folder. We look forward to sharing exciting news, updates, and exclusive content with you!

Join our mailing list to receive the latest news and updates from SMEToday
Read our Latest Newsletter: