According to recent research by contracts service provider, Giant, engineering contractors are confident about both job prospects and pay levels. The survey which looked at responses from 165 contractors, is discussed on the IET’s (Institute of Engineering and Technology) website.
The research found that ‘61 per cent of engineering contractors expected their pay to rise in 2012, compared to just 51 per cent who forecasted an increase at the end of 2010.’ Rising confidence was also indicated by a ‘growing preference for higher hourly pay over a longer term contract.’ Matthew Brown, group managing director of Giant, said that demand was in part being fuelled by lack of engineering skills particularly in specialist areas. “ The growth of the nuclear industry, … the development of renewable energy sources and clean fossil fuels, is stimulating demand for
process and chemical engineers for example,” Brown said. For more details see the full article here http://eandt.theiet.org/news/2012/jan/giant-engineering.cfm
process and chemical engineers for example,” Brown said. For more details see the full article here http://eandt.theiet.org/news/2012/jan/giant-engineering.cfm
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