Engineering contractors are recording an increase in public sector opportunities despite the uncertain economic climate, a survey by professional employment provider, giant group, has revealed.
According to the survey, Temporary recuirtment market report: what was the impact of the financial crisis? engineering contract opportunities in the public sector have more than doubled. 36% of those surveyed are currently working in this arena compared to 14% between 2006 and 2007. This rise can be explained by the various infrastructure projects currently in the pipeline, including the HS2 rail link, which is due for completion in 2018, and the 'Crossrail 2' rail link from the north to south of London.
The report also highlighted a change in preference of pay over contract length due to the recession. While these figures were fairly evenly split between 2006 and 2007, with 44% preferring higher per hour payment, these numbers have since dropped to 32% in 2012 and 2013. These figures are reflective of the on-going shift of mindset which is leading to more contractors looking for quality over quantity of projects.
Matthew Brown, Managing Director of giant, commented on the report, “Unlike many other sectors, engineering has actually seen more contracting opportunities due to a rise in – rather than a loss of - budgets in the public sector. With the government committing to bringing the UK infrastructure up to speed, the use of contractors has clearly been the preferred choice for delivering these projects. However, despite this difference with other contracting areas, the preference for job security remains, suggesting the general negative business environment is responsible for a lack of confidence, rather than the tightening of budgets.”
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