Key Growth Signs Transforming the Construction Industry
The industry is beginning to bounce back from the many disruptions over the last few years! The bounce back seems to be supported by public and private investment and the government's help with initiatives and changes.
The construction industry has plans to grow even more over the next 5 years as the economy recovers and infrastructure and technology advancements are made.
Key growth trends include:
Sales Growth:
o While 2023 saw strong sales, early 2024 experienced a decline but the only way is now up, right?!
o Recent months have shown a rebound, fuelled by rising demand in transport and housing sectors.
o The private sector's expansion in property developments has further boosted the need for construction equipment.
High Demand for Construction Equipment:
o Although there was a 30% reduction in plant sales over the last year, there is now new demand due to the modern machinery that is now available to buy and hire that aligns with the industry's target to reach net zero by 2050 and futureproofs businesses.
o Modern machinery is in high demand due to advancements and rules coming into place for projects across the UK that will reduce consumption, minimise environmental impact, and improve efficiency.
o The introduction of electric-powered construction plant equipment is a significant driver of this trend.
Technological Advancements:
o Digital tools and automated maintenance tracking is transforming how equipment is rented and managed.
o Telematics systems in modern equipment allow for real-time monitoring of performance, location, and maintenance needs, leading to reduced labour costs and shorter project timelines.
Industry Resilience:
o The industry has bounced back from disruptions, supported by both public and private investment.
o Government initiatives aimed at infrastructure growth have played a key role in this recovery.
Future Growth Outlook:
o Over the next five years, the construction industry is expected to grow further, driven by infrastructure expansion and technological advancements in plant hire and tool hire.
The industry's continued focus on innovation and efficiency positions it for sustained growth in the years to come.
Team Update:
🎉 Meet Abby, Our New Recruitment Support Administrator! 🎉
Abby has been with PATH for just a few months, but she's already become an essential part of our team. With her growing knowledge of the plant and tool hire industry, she's here to support both our admin team and recruitment consultants, making sure everything runs smoothly.
Get to know Abby:
🎶 Huge music fan - recently saw Nickelback and 50 Cent live!
🚗 Loves cars and dreams of owning a Ferrari.
🌏 Always wanted to visit Japan or South Korea to explore their infrastructure and culture.
Check out our recent blog post:
How do I improve my job search?
Understanding your skillset is crucial to identifying the right job opportunities and showcasing why you're a strong fit for those roles. Here’s how you can effectively navigate your job search, particularly in industries like plant hire, tool hire, and construction plant.
Identify Your Skills:
Hard Skills: These are specific to the job, such as being PC literate, having sales experience, or previous experience in plant hire or tool hire.
Soft Skills: These are essential for fitting into a workplace environment, including communication, teamwork, and problem-solving abilities.
Apply Strategically:
Focus on jobs that align with your current skillset or where your transferrable skills can be applied.
Consider roles that offer training opportunities to expand your skills.
Stay Organised:
Keep track of the jobs you've applied for by noting them down, either on your phone or in a notebook.
When recruiters or companies contact you, refer to your notes to stay informed about which role they’re discussing.
Update your notes with the next steps, such as interview dates and times
Leverage Your Network:
Networking is key in job hunting. Share your career goals with others to discover new opportunities.
Maintain professionalism in your current role, especially in niche industries like construction plant hire, where your current boss might know your potential future employer.
Manage Your Social Media:
Ensure your social media profiles are either private or cleaned up - employers often check social media during the hiring process.
Some professionals maintain separate personal and professional profiles. Use your professional profile to share industry news and insights, demonstrating your knowledge and engagement with the field.
By following these tips, you can conduct a successful job search and find a role that’s well-suited to your skills and career goals.
Before you start your job search, consider reading our blog "Should I Change Jobs?" to ensure you're making the right career move.
How team PATH has helped this month!:
Review 1: Fantastic result for me, as I was recruited for my dream job. Friendly and very efficient communication throughout the application process. Thank you very much, Leo for answering all my questions and for the very professional approach in presenting my profile to the employer.
Review 2: Karen has supported me find my new role. She would go the extra mile to make sure I was the best fit for the roles and she ensured they were roles I would be interested in. Couldn’t ask for anyone better.
Review 3: PATH Recruitment have helped me a lot with my application and with my interview I would like to thank Gina on helping me in a professional manner I much appreciate the help and guidance she has given me well done Gina if anyone looking for a job please call Path and ask for Gina she is so lovely.
PATH Recruitment Jobs:
Kickstart your career 📣
Forklift Engineer | £35k - £42k + Overtime | Yeovil
Key Account Manager | £35k - £45k + Bonus | Camberley
Key Account Representative | £40k - £44k + Bonus + Car | London
Hydraulic Engineer | £35k - 38k per year + Overtime | Enfield
Service Manager | £40k - 45k per year + Bonus | Wokingham
Internal Sales Executive | £25k - 32k per year + Bonus | Desborough
Class 2 Driver | £30k to £37k per year + Overtime | Filton
Depot Manager | £65k to £75k per year Package | Stockport
Generator Technician | Up to £40k + Overtime | Ashby-de-la-Zouch
Mobile Engineer | £5k to £40k + Van + Overtime | Chinley
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