Articles | A $450 billion pipeline with record low numbers of ski

 

 

 

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A $450 billion pipeline with record low numbers of skilled workers

Recent data released from the Australian Bureau of Statistics showed that unemployment has reached record lows of 4% in February 2022. This is the lowest unemployment rate in 14 years, with economists predicting a continuing reduction as the year progresses.

Combine this with the forecast $450 billion investment in civil infrastructure over the next four years, and it becomes evident that skilled labour, HR and staff management are critical factors in ensuring infrastructure projects are delivered on time. 

What’s the solution?

It’s increasingly apparent that contractors who invest in teams, who develop learning pathways and provide their staff with the skills needed to be successful will experience a significant commercial advantage. Both the current economic climate and forecast staffing/skills shortages have combined to create an atmosphere in which developing and retaining staff are crucial to business success.

 Staff Development programs such as the ones supplied by the Institute of Civil Infrastructure (ICI), are designed to help employers manage these challenges. By upskilling existing staff – and positioning themselves as an Employer of Choice – firms that invest in staff will have a competitive edge as competition for staff intensifies across all industries but in particular civil construction.

Designed specifically for the civil industry, ICI’s courses are suitable for the junior leader through to senior management – with a range of streams including Business, People Management and Technical.

To learn more go to iciaustralia.com or follow ICI Australia on LinkedIn to stay up to date with the latest news in training for the Civil Construction industry.

Lee Gabbett, General Manager – ICI Australia

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