Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Construction surges ahead but salaries lag behind

Construction surges ahead but salaries lag behind: Salary Guide launched

80 per cent of employers say business activity has increased in New Zealand’s construction industry over the last 12 months yet salaries remain steady for most roles, according to the 2014 Hays Construction/NZIOB Salary Guide.

The Guide explores current salaries and recruiting trends in New Zealand’s construction industry. It was produced by Hays Construction and the New Zealand Institute of Building.

It lists typical salaries for construction professionals in 12 locations across New Zealand and compares salaries by project size, construction type and annual turnover.

The Guide also found that:

• 89 per cent of construction employers expect the general economic outlook to strengthen over the coming 6 to 12 months;
• Workers typically work 40 to 49 hour weeks;
• 81 per cent of management staff are men;
• 85 per cent of organisations use contract staff for labour positions;
• 57 per cent say their use of contract staff will increase over the next 12 months;
• 39 per cent of staff remain with an organisation for 3 to 5 years, while 31 per cent stay for 5 to 10 years;
• 77 per cent of employers report difficulty recruiting Quantity Surveyors, making them the most difficult professionals to recruit. This is closely followed by Estimators (76 per cent), Project Managers (75 per cent), Senior Managers (72 per cent), Forepersons (64 per cent) and Site Managers (58 per cent).
• At the other end of the scale, Architects are the easiest to recruit, followed by Cadets/Entry-level, Leading Hands and Engineers.

Commenting on the findings David Cleet, Senior Business Manager of Hays Construction said: “Off the back of the Canterbury rebuild, construction is going through a period of sustained growth. But for many employers, the skills shortage remains the key inhibitor to growth. That’s why salaries in Christchurch have seen some of the sharpest increases nationally. This is most obvious when it comes to Quantity Surveyors, Estimators and Senior Project Managers. As highly prized candidates in short supply, these professionals have been able to command rises of between 5 and 15 per cent.

“In comparison, salary increases in Auckland have been more modest and are generally in line with inflation. This is expected to change given growing demand for skilled professionals. Auckland is already experiencing a residential construction upsurge in response to the housing shortage, while commercial construction is more positive with tower cranes again dotting the skyline.

“While salary pressure has been evident in Wellington, employers have only offered minimal salary increases, similar to Auckland.

“Looking ahead, infrastructure projects, seismic upgrades and improvements to the commercial and residential market will drive growth and add extensive demand pressure to an already tight labour market. High demand, increased workload and a deepening skills shortage will create salary pressure, which employers will need to balance with project budgets.”

Rick Mason, Chief Executive of the New Zealand Institute of Building said: “The number of projects currently underway, or in the planning stages, in New Zealand together with the calibre of senior personnel that will be required to complete those projects, makes this Salary Guide a ‘must have’ for companies looking to hire or retain responsible and competent construction staff.

“The NZIOB have collaborated with recruiting experts Hays Construction for the past ten years on this annual Salary Guide. It has become an invaluable tool for construction industry professionals, for both career and business planning.”

Please see the full 2014 Hays Construction/NZIOB Salary Guide at www.hays.net.nz.

Hays, the world’s leading recruiting experts in qualified, professional and skilled people.

- Ends -

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news