Survey reveals contractor optimism

An EPCglobal product story
Edited by the Engineeringtalk editorial team Mar 17, 2003

A new survey reveals that 39% of engineering and construction contcontractors don't expect to be unemployed this year.

A new survey by EPCglobal, the international staffing solutions company that specialises in servicing the engineering and construction industries, reveals that 39% of engineering and construction contractors don't expect to be unemployed this year.

A substantial 20% expect they'll be able to choose from many good job offers.

When asked about the prospects in the engineering and construction industries over the next five years, 33% believed there would be more work available and 32% predicted there would be roughly the same amount of work available as there is today.

Engineers seem to be even more concerned with the importance of constantly refreshing their skills in a competitive job market, with 43% citing the opportunity to learn a new discipline as "always important" when considering a job offer.

The survey also revealed that engineers are more flexible when considering a job.

A massive 57% of engineers surveyed said that they would be prepared to spend two or more years away from home.

23% would be willing to spend one to two years away from home, while 11% would consider working away from home for six months to a year.

EPCglobal's strategy of providing an industry-leading job matching website as well as industry-focused recruitment consultants is right on target.

A huge 99% of respondents (up 12% from the 2001 survey) report that they use the Internet to search for a job.

However, when they spot a role that looks appropriate, 87% prefer to speak directly to a recruitment consultant.

Commenting on the findings of EPCglobal's annual jobs survey, Graeme Lewis, Sales Director, EPCglobal, said, "The optimism and confidence revealed in our jobs survey is a timely boost for the engineering and construction jobs sector.

The fact that 43% of contractors cited learning a new discipline when considering a new job as 'always important' shows an excellent appreciation of the need to constantly acquire and refresh skills.

Engineers are also more willing to travel to take advantage of skills shortages in specific areas.

This kind of flexibility is key to success in the global job market.

It's also apparent that to survive in this wider job market, contractors need an international recruitment partner that has access to a large network of trained recruitment consultants, as well as superior job-matching technology".

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