More dribble!

If high pay is partly intended to compensate for risk, stress and long hours then we would expect dangerous jobs to be well rewarded. Fishing is the most dangerous job in Britain, with roofers and scaffolders also high up on the danger list, and waste recycling collectors are at number 18. Yet in none of these industries are rank-and-file workers highly paid.

Nonsense.

Fishermen, roofers and scaffolders *are* highly paid…..compared to other jobs that require the same levels of human capital. It\’s actually one of the poster children of the study of different wage rates. That those doing dangerous jobs get a wage premium for the danger of their jobs.

Sheesh…..

2 comments on “More dribble!

  1. If you’re a scaffy on the north sea rigs, you can rake in a fortune. I suppose it’s safe enough to say now I’m gone from that company, but my first stint in Sakhalin was for Cape Industrial Services, on of the UK’s leading industrial scaffolding companies. We were trying to entice blokes from the UK to come to Sakhalin on $700 per day and hardly anyone was interested!

    Besides, scaffolding is one of those jobs which is dangerous enough to be safe, i.e. people who do it make damned sure they work safely. We had one fatality on Sakhalin, but the project wound up with 7m manhours without a lost time injury (about half of which was scaffolding), and if you’re working as you’re supposed to, scaffolding is safe enough.

    Of course, I only know about the oil and gas scaffolding work, but the money is there all right.

  2. The same can be said for most of any of the jobs in Alaska fishing, off-shore rigs, electrical linemen, electricians in general, Ironworkers, etc. At least in the USA, the risk and skills required with the jobs in the various trades are pretty well correlated. And, as Tim said (and in his excellent blog when he keeps it up) the relative risks and locations makes it difficult to obtain those skilled trades.

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