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Construction Companies finding hard to get staff

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Construction sector in India is now facing the heat from the IT sector and this is not because of annual turnover or profits, it is because of the scarcity of professionals in the construction segment. As told by a source at the www.propertykahazana.com many of the candidates after completion of education are looking at the IT sector for high packages. In the meantime, it is about 25% employment growth in the IT sector in the couple of the financial quarters in the year 2007, added the source.
Though the construction sector is equally offering the packages, the companies are finding it hard to recruit the potential employees. It is different in case of freshers but the issue is struck between the seniors and experienced. With no other option, construction companies are hiring from Gulf and East Asian countries. Many of the construction companies are paying high packages and share in projects as incentives.
Speaking at the www.propertykhazana.com Parvesh Minocha form Feedback Ventures said that the salary drift has considerably increased and somebody paid with Rs. 12 Lakh per annum are now close to crore. The required experience has also now been revised from 20 years to 10 years for high profile jobs and no wonder it may drop down to 5 years, says the industry analyzers. If the scenario continues then the Diploma candidates will replace the engineers, other than engineers, the construction companies are also required with office staff, electrical and mechanical engineers and so on.
Source: NBTVLIVE

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