Construction workers' salaries drop by up to half
Published 12/10/2010 | 13:48
More than half of people in the construction industry would work for free to woo potential employers, a new survey reveals.
The research found the most common salaries have dropped by a half since the property bubble peak in 2007, from between €60,000 and €90,000 to up to €45,000 today.
The study, of 350 construction professionals carried out online last month, found 55pc thought Fas courses are poor or of no benefit in improving employment prospects, while more than three-quarters said they could not afford to take up training.
Paul O'Donnell, operations manager of Hays Construction & Property, which carried out the survey, said the findings were alarming.
"The perception is that for retraining to improve their prospects they really need to be studying at degree or masters level. For an unemployed engineer or architect, trying to support a family, this is often a bridge too far financially," Mr O'Donnell said.
"Construction professionals are clearly serious about up-skilling, but feel the resources that are currently available to them are inadequate."
Mr O'Donnell said it was important that any state-sponsored training provided people with the skills to get jobs.
Findings of the survey include:
:: 54pc of people in the construction industry would work for free to try to secure employment.
:: 35pc are working in non-construction related training.
:: 55pc believe Fas courses are poor or of no benefit in improving employment prospects.
:: 78pc said financial constraints have prevented them from taking up training.
:: 61pc said training resources in their area are not up to scratch.