Half of engineers and manufacturers will look for a new job in 2016

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4th February 2016 14:55 - Engineering

A recent survey by Investors in People has revealed that approximately 50 per cent of those working within the engineering and manufacturing industry will look for new employment in 2016, with 19 per cent already actively looking for a new position.

According to Job Exodus Trends 2016, more than 1 in 5 (21 per cent) engineering and manufacturing workers feel like there is a lack of career progression in their industry. As well as this, 22 per cent said that they do not feel valued in their company and 23 per cent said that were not satisfied with their salary.

CV-Library also touched upon the issue of salaries, with reports of the manufacturing industry experiencing salary growth in 2015.

CV-Library said that the manufacturing sector experienced a 2.4 per cent growth in advertised salaries in 2015, in comparison with 2015, with salaries increasing from £29,260.33 in 2014, to £29,963.58 in 2015.

The manufacturing industry also saw an increase in jobs in 2015, at a rate of 22.7 per cent, in comparison with 24. Although an increase was noted, the job growth was still found to be trailing behind the nation’s total job growth of 23.5 per cent.

Growth industries by annual salary:

Construction – 10.2 per cent growth

Retail – 5.9 per cent growth

Media – 5.7 per cent growth

Charity  – 4.2 per cent growth

Automotive – 3.9 per cent growth

Property Services – 3.4 per cent growth

Consulting – 3.1 per cent growth

Legal – 3 per cent growth

Hospitality – 2.6 per cent growth

Manufacturing – 2.4 per cent growth

Chief Executive of EEF, Terry Scuoler, said of the situation:

“The gloom that took the shine off UK manufacturing’s performance in 2015 is set to continue into 2016.

“But, while expecting similar challenges as those seen last year, manufacturers are still planning for growth.

“There is particularly good news about the number looking to prioritise investment in technology and innovation and those looking to explore new export markets. These are positive and proactive steps. At the same time, however, tough conditions call for tough decisions – and restructuring and cost-cutting efforts are clearly high on the agenda for some.”

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