Connecting Talent and Opportunity: Your UK & Ireland Construction Update for September

Welcome to Necto Selection's UK & Ireland Construction Update for September. As we're just about to head into Q4, our focus remains unwavering: to provide you with comprehensive insights, premium job opportunities, and timely analysis from the forefront of the construction industry. We discuss the intricacies of salary trends, and for those looking at leadership roles in construction. We also share valuable feedback from our LinkedIn community and highlight major industry news that's shaping the future of construction in Ireland.

Building Materials Prices Take a Dive for the Second Consecutive Month

Amid surprising trends in the construction industry, building materials prices have shown a decline of 1.1% in July. This marks the second consecutive month of a drop, even in the face of prominent shortages in several key products. Interestingly, this decrease has triggered a 1.6% increase in construction output.

Key Insights from the Report:

• A significant drop in the prices of vital products such as structural steel, concrete bars, and timber. Despite these price declines, there was a universal decrease in the sales of major materials throughout the industry.
• The year-on-year construction costs have shown a decrease of 2%. However, the cost of creating new housing saw an increase of 4.5% from June 2022 to June 2023. Repair and renovation expenses also saw a hike of 1.2%.
• Concrete and brick deliveries saw notable reductions between July and June 2023, with a 2.2% drop in concrete block deliveries and a 3.4% drop in brick deliveries.
• Noteworthy price changes in construction materials from April 2022 to April 2023 in the UK include significant price increases in screws, metal doors & windows, and ready-mixed concrete. On the other hand, fabricated structural steel, concrete reinforcing bars, and imported or sawn wood witnessed the largest drops.
• Forterra, the UK's largest brickmaker, predicts an 18% decline in revenue for the first half of 2023 compared to the previous year.
• Joseph Mullane, with contributions from Jack Woodfield, highlights that with the prospective inauguration of new brick manufacturing plants in the UK within the next year, the reliance on expensive imports is predicted to decrease.

For a deeper dive into this analysis and the implications for the construction sector, click below.

Stay informed and adapt with Necto Selection, where we consistently monitor the dynamic world of construction, offering a platform for professionals and businesses to understand and react to market trends efficiently.

Transitioning Between Markets

In today's rapidly evolving construction landscape, the market you operate in can greatly influence your career opportunities. That's why we ran a poll on our LinkedIn page to gauge just how open construction professionals are to transitioning between markets like Belfast, Dublin, London, and the U.S.

A sizeable 58% of people polled said that they're definitely open to new paths, while 36% responded 'maybe, depending on role & place'. Interestingly, a tiny 7% showed a preference for staying in their current market.

Did you miss that poll? Don't worry - Paddy McDade has a compelling new poll running right now. We encourage you to weigh in and voice your thoughts. What's your take on the latest industry issues? Visit Paddy’s LinkedIn page to join the conversation and share your insights.

Salary Survey

Time's Running Out! Salary Survey Closing Soon!

Understanding the compensation dynamics of the construction sector is crucial for informed decision-making. Whether you're an employer aiming to attract the best talent or a professional plotting your next career move, this information is essential.

Necto Selection has crafted a comprehensive salary survey exclusively for the UK & Ireland construction industry. As stakeholders in this sector, your insights are invaluable in highlighting salary trends and patterns.

Here's a chance to contribute to industry transparency and support both businesses and professionals in their strategic decisions.

Don't miss out! Dive in, make a difference, and let your voice be heard.

?? Complete the Survey Before It Ends!

Top Job Opportunities

Senior Project Manager ? Project Manager ? Senior Engineer ? Design Manager

Step into the spotlight with Co. Tyrone's monumental infrastructure project ??. We're scouting for dedicated professionals, from Senior Project Managers to Design Managers. This is your invitation to influence a significant industry transformation in Ireland.

CSA Site Manager ? Site Engineer ? Senior Site Engineer ? Project Manager ? Fit-Out Manager

Spotlight on Dublin's construction boom ???! Witness projects ranging from cutting-edge Data Centres to iconic residences. Featured roles include CSA Site Manager, Site Engineers, and more. Engineers to site managers, Dublin's scene is bustling with opportunities.

Let’s Talk

At Necto Selection, we're dedicated to helping construction professionals advance their careers, and connecting employers with top-tier talent. Whether you're seeking a new role or looking to hire, we're here to help.