The construction industry is one of the nation’s largest exports, with a revenue of more than £110 billion every year. This industry is vital to the success of the UK economy as it holds over 280,000 businesses and three million jobs – that’s 10% of the nation’s total employment.
Since the nation is experiencing a major skills gap across all sectors, the construction industry has been hard at work incentivising programmes to push recruitment. As a result, there’s no better time for engineering graduates to enter the industry.
Here are four reasons why building a career in construction is the best move for you.
Job opportunities are increasing
The graduate job market is in robust shape despite recent economic and political shocks. Graduate unemployment is currently 5.3%, the lowest level since 1989. This is primarily due to employers’ need to take on skilled workers.
With fewer graduates entering the job market overall, likely due to the new postgraduate loans system; the nation’s skills shortage is quite severe. This puts you in prime position as an engineering graduate looking to enter the construction sector as the industry’s jobs are up an incredible 20.3% year-on-year.
Salaries are on the rise
Recent reports show that 41% of young people are more likely to see a career in construction as well paid – and they wouldn’t be mistaken.
For a start, the average starting salary for a graduate in construction is £29,530, placing it second in the best-paid sectors for university leavers, just behind media.
In addition, CV-Library’s October data showed that average salaries in the industry are at a significant high, standing at £43,857. That’s a month-on-month increase of 2.2%.
Due to the need for skilled professionals in construction, employers are pulling out all the stops to attract job hunters to their vacancies, and so your talent will be rewarded greatly if you enter the sector.
Faster progression rate
Since there’s such a high demand for construction workers with an engineering background, you’re likely to see a faster progression rate than your peers aiming for different sectors.
This increases if you have some work experience in labouring under your belt, as this makes you an incredibly desirable hire.
By choosing a graduate job in construction, you can experience a faster career trajectory because employers are desperate to train and retain you, resulting in more responsibilities and higher pay than other saturated sectors.
An exciting and varied job
Reports suggest that around 600,000 UK builders’ jobs will be automated by 2040. But careers in modern construction are far from the typical building trade many imagine – which is positive news for engineering graduates.
Since the industry enhances scientific, engineering and construction disciplines, your first career steps may include everything from housing, building and infrastructure, to design, facilities maintenance and project management. While you can stick to one particular career path within construction, it’s easy to make sideways moves within the industry if other verticals intrigue you.
The job opportunities for graduates are not necessarily local either. Within larger companies, you can expect to spend extensive periods overseas, allowing you to have an incredibly varied and rewarding career.