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

 


Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>


Serious Fraud Office: Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
The Serious Fraud Office has commenced a number of enquiries into alleged abuse of the Government’s COVID-19 Wage Subsidy. Director Julie Read said the allegations relate to multiple complex cases of potential fraud that have been referred to the agency following extensive investigations ... More>>



Environment: Preliminary Environmental Data On New Zealand’s Air Quality Released Today

The Ministry for the Environment and Stats NZ have published the Our air 2021: preliminary data release today. We are currently working to revise the Our air 2021 report to incorporate analysis of the World Health Organization (WHO) 2021 air quality guidelines that were released on 23 September 2021... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>



Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>


Transpower: Releases Independent Report Into Events Of August 9
Transpower’s Chief Executive Alison Andrew has today released an independent report into the grid emergency of August 9 when insufficient generation was available to meet demand, leading to some customers being disconnected... More>>