A new survey shows that some skills in the building industry are still very difficult to source even despite an “unprecedented” contraction.
The 2009 New Zealand Institute of Building/Hays Construction Salary Guide said, “Despite the credit crunch and an unprecedented contraction within the residential building sector, salary levels remain remarkably constant in most disciplines”.
However, the report suggested that those with sought-after skills could still expect to see a pay increase.
“Predictably, estimators and those involved in business development experienced some of the greatest salary increases as companies attempted to strengthen their pipeline of projects,” said Jason Walker, Managing Director of Hays in New Zealand.
Nearly a third (32%) of respondents rated estimators “very difficult” to recruit, while another 30% rated them as “hard” to find.
Finding senior managers is also a headache; 29% rated it very difficult and 33% said it was hard.
“Over the coming six months, those in property development, architecture and commercial and residential construction (in particular site managers and project managers) will need to be more flexible and adaptable in their role and salary expectations,” Mr Walker said.
“But those infrastructure candidates who possess the required experience and skills will benefit from increasing salaries, albeit in smaller increments than seen in previous years.”
The survey also found 70% of respondents had recently contracted staff for labour positions and 57% had contracted management staff.
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Sunday Business Episode 34 featuring Hayden Cox
- Matthew Hooton on what a National win in Mt Roskill could mean for Labour
- Tim Hunter on Sky's awkward Chinese problem
- Paul Goldsmith's attempt at insolvency law reform has been hijacked by a 'basked of deplorables' says Damien Grant
- Business Week in Review with Grant Walker & Andrew Patterson