Staff Shortage in Construction Industry: Report

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Staff Shortage in Construction Industry: Report

 6th Dec 2017

Staff Shortage in Construction Industry: Report 

A report that was released by the Federation of Master Builders published on 23 October 2017 states that growth among construction SMEs slowed in most parts of the UK in the third quarter of this year.

 

The report has revealed that SMEs are struggling to hire carpenters, joiners and bricklayers and that salaries in the industry are increasing because of the “ever-worsening” shortage of skilled workers.

 

The survey of almost 350 small to medium-sized construction companies (SMEs) found that the sector was growing but at a slower rate compared to previous quarters.  

 

From the report over half (58%) of construction SMEs expect salaries and wages to increase in the next six months. This is a simple consequence of supply and demand – construction workers know their worth and this has led to these individuals demanding higher wages from their employers. 

 

In 2018 construction output is forecast to rise by 1.2%, which are upwards of predictions that were made in February 2017 of 0.7% for 2018. This coincides with the government’s new National Infrastructure and Construction Pipeline outlining more than £500 billion worth of planned infrastructure investment over this Parliament and beyond.

 

Preparing your business for the future.

As the construction industry is set to rise both in 2018 & 2019, as a business it is vital that you prepare. With over 40 years of experience in recruitment, we have an in-depth understanding of recruitment in the construction industry and we understand how important it is for businesses like yourselves to prepare and become equipped. 

 

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