Talent on the move: there's a tug of war for skills in the contractor market

Chloe mcculloch black

Will we have enough of the right people to build our projects to the right standards and at the right price?

Sixty-six thousand pounds a year. That’s how much contractors are paying their senior site managers in London. It’s a lot, but then site managers in the capital can be hard to come by. The effects of construction’s shrinking workforce are being felt most acutely in the capital, and so – as our contractors’ salary survey conducted by Hays shows – wages are rising for this particular role at an annual rate of 5%.

Not all the delivery-end positions in this survey enjoyed such generous rises. Overall wage growth for all the roles in the survey is more or less flat compared with last year, averaging 3.2%, but it’s worth noting this is still above national averages and also above averages for the wider construction and property sector. 

Sixty-nine per cent of those surveyed said they plan to increase salaries again in the coming year. Yet a further squeeze on their nail-bitingly slim margins

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