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How EPC Recruitment Sector Will See A Strong Surge Ahead
Posted: Dec 29, 2017
Several tales have been told about the EPC contracting arrangement. EPC, which means Engineering, Procurement and Construction – A contractual arrangement where the contractor is given a contract of carrying out all activities, which includes design, procurement, construction and commissioning ending up in handover to owner.
That sounds real business, but also witness several challenges. Indeed, when people congregate in such a big project of construction, the job of a contractor is definitely going to be hectic. Starting from the work of building ingenious designs to procuring top quality materials to labor hires, the entire process is huge.
Challenges faced in the construction industry
The problems are at large in the construction industry and we bring them to you in the following:
- Fluctuating prices – Though contractors aren’t entitled to price fluctuations post completion of a project, but it causes several problems too. Considering inflation, taxations, labor costs, administrative costs are subject to change.
- Labor shortage – This has been a problem for a long time. Since skilled labor is not available all the time, the contractors have a tough time in hiring labor and dealing at the right time.
- Rising costs – We are continually witnessing the rising prices of materials related to the construction industry and how it affects the overall project. Hence, the effects will directly impact the estimated cost.
- Geopolitical uncertainty – With geopolitical certainties prevailing over Iran, Syria, and several countries, global markets give a serious scare to the investors all around the world.
- Growing complexity – Not to forget the complexities in construction projects that would bring a halt any time.
Hence, someone mastering over the EPC can tackle such challenges with expertise. Seeing this only, anyone can anticipate a strong EPC-contracting-recruitment surge in the future. Read on further…
Recruitment in the EPC Sector
When we discuss EPC, there’s no point if Gulf countries aren’t part of it. Indeed, the major players are there and it’s on the path of eventual growth. While covering onshore and offshore projects, the contractors carry out several activities like logistics, feasibility studies, designs, procurement and so on. Hence, skilled candidates with a potential to take on serious tasks will be required.
Given the volatility of markets, the investors rarely make a mood to budge from their situation. No project should suffer from such a predicament at all. Quite astonishingly, the recruiters understood the whole scenario and seemingly provided solutions to the EPC providers. With their impeccable networking and assessment methods, the recruiting companies made EPC recruitment services effortless in front of employers.
Aspiring candidates who wish to establish a career in this sector will discover immense opportunities and benefits. Obviously, many would need counseling at first to understand the entire functioning of this industry, be it in mechanical, chemical or mining. The recruiting firms are to be credited for their capacity to literally conjure a talent pool in a small frame of time and deliberately serving best results. Conclusively, the EPC sector has a flourishing future.
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Myself Davidmora, I work ranging from articles and poem to essays and report for several large firms. Checkout my website ajeets.com or be friend on Facebook, twitter or linkedin to find out about my upcoming books and articles.