Saturday, May 24, 2025
newmoneyfront.com
Advertisement
  • News
  • Share Market
  • Commodoties
  • Forex
  • Crypto
No Result
View All Result
  • News
  • Share Market
  • Commodoties
  • Forex
  • Crypto
No Result
View All Result
newmoneyfront.com
No Result
View All Result
Home Finance News

What if the UK adopted Europe’s approach to construction skills?

For your consideration by For your consideration
January 3, 2025
in Finance News
0
What if the UK adopted Europe’s approach to construction skills?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

You might also like

The ‘Buy America’ strategy has stopped working in the tariff era. What investors should do next

Trump’s tax bill makes big changes to student loans and financial aid

MAKS Networking to Host India’s First International Real Estate Investment Summit in Ahmedabad

Thomas Vandecasteele is managing director of contractor and property developer Legendre UK

The construction industry across Europe is undergoing a dynamic period of change, driven by the need to address economic shifts, rising material and labour costs, and project delays. In the UK, the pressure is mounting, with a projected need for 225,000 additional construction workers by 2027 to meet the Labour government’s ambitious 1.5 million new-homes target by the end of its five-year term. The National Federation of Builders (NFB) has claimed that the goal is unreachable, unless the construction skills shortage is addressed. 

“In France, site managers typically cover all aspects of the job, from health and safety to logistics, finance and procurement”

European countries are responding to the ongoing challenges by adopting their own practices and strategies, which could offer insight into how to attract and retain talent to fuel the UK’s construction industry.

In countries like France, Germany and the Netherlands, careers in construction are highly respected and often viewed on a par with consultancy roles in the built environment, making it easier to attract talent and younger generations. Furthermore, many construction workers are permanent staff, especially at the worker and management levels, with only about 20 per cent of the workforce being self-employed. This fosters a culture of loyalty, as many individuals spend 10 to 20 years building their careers within the same company. Contractors are more inclined to invest in their employees through training and opportunities for career progression. 

In the UK, we see higher levels of self-employment than in Europe, which can lead to less stability and a reduced emphasis on long-term employee development. In the third quarter of 2024, for instance, there were around 745,000 self-employed construction workers, making our industry the biggest sector for self-employment in the UK. 

Promoting the industry’s opportunities and raising awareness of the diverse roles and entry routes is crucial to attract talent. The UK government’s recent announcement of a £140m investment in training hubs and a focus on apprenticeships is significant, as high-quality tailored apprenticeships are key to better preparing students for construction careers, expanding the recruitment pool and ensuring businesses have access to well-trained professionals. 

In-house upskilling

France and wider Europe place great importance on professional development and apprenticeships, giving young people practical skills alongside the required technical knowledge. In France, specific trades are taught within apprentice training centres, known as CFAs, which provide theory and technical training that is directly applied to a career in the industry. These centres blend classroom instruction with hands-on experience, making students adaptable to real-world challenges. A shift in the UK to focus on in-house training could allow students to benefit from the practical exposure and mentorship that experienced industry professionals offer. 

With the construction industry’s tech revolution in full swing, upskilling the workforce and attracting fresh talent is vital and mutually reinforcing, fostering a dynamic and productive industry. The emergence of roles in BIM and onsite construction exemplifies the sector’s transformation. However, without a concerted focus on continuous education and skill development, the industry risks falling behind. 

To boost interest in construction careers in the UK, the European model offers a hopeful perspective. The typical holistic model of integrated contractor businesses ensures strong margins and greater efficiency; specifically, in France, the contractor model benefits from less fragmentation between various disciplines. Site managers there typically cover all aspects of the job, from health and safety to logistics, finance and procurement. This makes the role more project-management based and a more attractive career choice due to the diverse skills required. 

To truly transform the UK construction industry and maintain its competitive edge, we must continue to shift perceptions, highlighting its modernisation, embracing recent technologies, and fostering a culture of continuous learning. Collaboration between developers and contractors is imperative. By working together strategically and adopting models that fairly distribute risks and rewards, we can collectively build a resilient and thriving construction sector that meets future demands. 

A joint commitment to sustainability, innovation and advocacy for better regulatory frameworks would set new industry standards and drive positive change. Such a collaborative effort would not only benefit the UK, but also the construction industry across Europe, making it an attractive and respected career choice that reflects its vital contributions. 

Share30Tweet19
For your consideration

For your consideration

Recommended For You

The ‘Buy America’ strategy has stopped working in the tariff era. What investors should do next

by For your consideration
May 23, 2025
0
The ‘Buy America’ strategy has stopped working in the tariff era. What investors should do next

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection...

Read moreDetails

Trump’s tax bill makes big changes to student loans and financial aid

by For your consideration
May 22, 2025
0
Trump’s tax bill makes big changes to student loans and financial aid

Thu, May 22, 2025, 12:13 PM 9 min read Lower loan limits. Fewer repayment options. A 30-year path to forgiveness. New Pell restrictions. Those are among the major...

Read moreDetails

MAKS Networking to Host India’s First International Real Estate Investment Summit in Ahmedabad

by For your consideration
May 21, 2025
0
MAKS Networking to Host India’s First International Real Estate Investment Summit in Ahmedabad

Ahmedabad, India, 21st May 2025, ZEX PR WIRE, The highly anticipated MAKS Networking Conference 2025, India’s first International Real Estate Investment Summit, is set to take place on September...

Read moreDetails

Exclusive: B2BROKER Launches First-Ever Institutional Liquidity Provider Turnkey Solution

by For your consideration
May 20, 2025
0
Exclusive: B2BROKER Launches First-Ever Institutional Liquidity Provider Turnkey Solution

B2BROKER, a leading global provider of fintech and liquidity solutions, has announced the launch of its groundbreaking Liquidity Provider Turnkey, the first fully integrated solution designed to enable...

Read moreDetails

INFINOX Reports 233% Revenue Growth and Announces Major Expansion Milestones

by For your consideration
May 19, 2025
0
INFINOX Reports 233% Revenue Growth and Announces Major Expansion Milestones

2025-05-19T17:11:19.623+02:00 Monday, 19/05/2025 | 15:11 GMT by FM INFINOX has focused on reinvestment, product innovation, and talent acquisition. INFINOX, the global financial services firm, has reported a 233%...

Read moreDetails
Next Post
Oil Prices Set to Start the Year With a Weekly Gain

Oil Prices Set to Start the Year With a Weekly Gain

Related News

Treasury Secretary says he’s ‘not worried about the markets’

Treasury Secretary says he’s ‘not worried about the markets’

March 16, 2025
Manmohan Singh, Architect of Modern India’s Economic Reforms and Former Prime Minister, Dies at 92

Manmohan Singh, Architect of Modern India’s Economic Reforms and Former Prime Minister, Dies at 92

December 27, 2024
China’s scathing attack to Donald Trump’s trade deal remarks: ‘Keeps exerting extreme pressure’

China’s scathing attack to Donald Trump’s trade deal remarks: ‘Keeps exerting extreme pressure’

April 23, 2025

Browse by Category

  • Commodoties
  • Crypto
  • Finance News
  • Forex
  • Share Market
newmoneyfront.com

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

CATEGORIES

  • Commodoties
  • Crypto
  • Finance News
  • Forex
  • Share Market

BROWSE BY TAG

asx AUSTRALIA Bitcoin china christians Cryptocurrencies donald trump E-Commerce Economy Fed Tapering freedom INVESTMENT jpy Market Stories money Obligation peace profit russia shares stock market stocks Strategy Tax Trading truth

Copyright © 2024 newmoneyfront.com! Design by Freelancing Solution. All Rights Reserved.

No Result
View All Result
  • News
  • Share Market
  • Commodoties
  • Forex
  • Crypto

Copyright © 2024 newmoneyfront.com! Design by Freelancing Solution. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?