1. Major challenge for Consulting Engineers
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Skills Shortages
Major challenge for Consulting Engineers

2. New Staff Competition from other professions Cost of training
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New Staff
Competition from other professions
Cost of training
Gender imbalance
Image

3. Existing Staff Cost of training (low fees) Image Marketplace changes
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Existing Staff
Cost of training (low fees)
Image
Marketplace changes
Retention

4. Replacement Costs Average loss per year = 16% (from MA surveys)
Equates to approx 1 year salary in cost to replace ( from industry data)

5. FIDIC represents 1m professionals
(from FIDIC survey)
Equates to loss of 160,000 staff every year

6. This means $15 billion in lost revenues every year just to maintain the status quo......

7. Where are staff going? Many remain in the industry – they circulate.
Industry needs to accept that people are more transient than ever before.

8. How is the industry reacting?
- perhaps not as well as it can:

9. inadequate opportunities;
limited professional development;
inadequate succession plans;
gender imbalances;
image problems;
low fees etc

10. 24/11/2018
What can FIDIC do?

11. Share more information on:
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Share more information on:
Promotions into schools
Involve Young Professionals more
Capacity building & Training
Partnering & resource sharing
Equitable distribution

12. Management of resources requires a more strategic approach:
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Management of resources requires a more strategic approach:
acquisition, mergers, takeovers, succession, alliances, recruitment

13. That leads to another story.........
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Much of what FIDIC does hinges on what members have and offer – skilled people
That leads to another story
Discussion?