{"id":12699,"date":"2016-05-04T18:58:37","date_gmt":"2016-05-04T17:58:37","guid":{"rendered":"http:\/\/ihbconline.co.uk\/newsachive\/?p=12699"},"modified":"2016-05-04T18:58:37","modified_gmt":"2016-05-04T17:58:37","slug":"skills-shortage-increased-salaries","status":"publish","type":"post","link":"https:\/\/newsblogs.ihbc.org.uk\/?p=12699","title":{"rendered":"Skills Shortage: increased salaries?"},"content":{"rendered":"

The Federation of Master Builders (FMB) has released its latest \u2018State of Trade\u2019 survey, considering the effect of skills shortages on construction firms and predicting that the majority of small construction firms expect wages to increase in the next six months.<\/u>\u00a0<\/strong><\/p>\n

The Federation of Master Builders (FMB) writes:
\n<\/u>Salaries for small building firms are soaring as a result of the growing skills shortage, according to the Federation of Master Builders (FMB).<\/p>\n

Commenting on the results of the FMB\u2019s\u00a0State of Trade Survey for Q1 2016, Brian Berry, Chief Executive of the FMB, said: \u2018More than half of small construction firms are predicting that wages and salaries will increase over the coming six months. Given that brickies are already able\u00a0to command wages of up to \u00a360,000 per year in London and around \u00a345,000 a year in the North of England, it\u2019s clear that the skills squeeze is starting to push up costs for construction SMEs. A whopping 55% of small building firms are currently reporting difficulties hiring bricklayers, which makes these tradespeople the most in-demand of all construction workers. This particular skills shortage is of course linked to the steady growth in private house building.\u2019<\/p>\n

Berry continued: \u2018The results for the first three months of this year show consistent growth among small construction firms in almost all parts of the UK. What\u2019s more, despite evidence of the EU referendum causing some uncertainty within the business community, more than two-thirds of firms expect their workloads to increase over the coming three months. These results are heartening but skills shortages, and the knock-on effect on wages and salaries, remains a major cause for concern.\u2019<\/p>\n

Berry concluded: \u2018We need tens of thousands of new and returning construction workers to pick up the slack,\u00a0or this growth among construction SMEs could so easily unravel. The Government is hoping to address the\u00a0skills shortages through the new Apprenticeship Levy, which is due to come into force in exactly one year. However, I have spoken to many small construction bosses who have major concerns about the impact that the new funding arrangements, which will come into effect alongside the levy, will have on their ability to hire an apprentice. The Government must work closely with the construction industry to ensure its new system is as easy to use as possible,\u00a0or else we could see apprenticeship training by small firms nose dive at exactly the wrong time.\u2019<\/p>\n

View the press release<\/a><\/p>\n

View the full FMB report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Federation of Master Builders (FMB) has released its latest \u2018State of Trade\u2019 survey, considering the effect of skills shortages on construction firms and predicting that the majority of small construction firms expect wages to increase in the next six … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-12699","post","type-post","status-publish","format-standard","hentry","category-sector-newsblog"],"_links":{"self":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/12699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12699"}],"version-history":[{"count":1,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/12699\/revisions"}],"predecessor-version":[{"id":12702,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/12699\/revisions\/12702"}],"wp:attachment":[{"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsblogs.ihbc.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}