The Talent Retention Scheme will help construction lead the economic recovery

By Mark Reynolds2020-07-30T05:00:00

It is vital firms use the initiative to avoid seeing skills disappear for good, writes Mark Reynolds

You don’t need me to tell you that the impact of the coronavirus pandemic on the construction industry has been hugely significant and long-lasting. With sites shut down entirely for weeks and a return to full productivity and output still out of reach for most contractors, it is perhaps sadly inevitable that many companies have had to make redundancies to ensure they can continue to operate sustainably.

Across the industry, companies are working extremely hard to ensure that they can retain as many jobs as possible. However, as the economic impact of the pandemic continues to bite, the reality is that we face many more job losses across the sector, particularly as the furlough scheme begins to taper.

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