Subsea Confidence Index 2014 | Subsea Over 100 Engineers took part in the survey 32% of subsea engineers believe the and is held in higher esteem in the UK today than it was has a ENGINEERING SECTOR 12 MONTHS AGO BETTER REPUTATION TOP 3 GEOGRAPHIC HOTSPOTS 54% 10% 10% Scotland South West England London of engineers believe THE UK will continue to be a GLOBAL LEADER 59% in engineering Age 20-29 30-39 40-49 50-59 60-69 70+ 13% 30% 28% 22% 6% 1% Employment status Contract/temporary Permanent Seeking employment Student / Retired / Other 58% 42% Chartered status Never considered it Qualified to chartered status Working towards it Considering it 45% 25% 13% 17% EngTech qualification Never considered it Qualified to EngTech Status Working towards it Considering it 79% 4% 16% of survey respondents 5% 26% 30 YEARS of engineers surveyed have worked for more than in the industry
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Subs
eaConfidence Index 2014 | Subsea Over 100 Engineers took part in the survey
32%of subsea engineers believe the
and is held in higher esteem in the UK today than it was
has aENGINEERING SECTOR
12 MONTHS AGO
BETTER REPUTATION
TOP 3 GEOGRAPHIC
HOTSPOTS54%10%10%
ScotlandSouth West EnglandLondon
of engineers believe THE UKwill continue to be a
GLOBAL LEADER
59%in engineering
Age
20-29
30-39
40-49
50-59
60-69
70+
13%
30%
28%
22%
6%1%
Employment status
Contract/temporary
Permanent
Seeking employment
Student / Retired / Other
58%42%
Chartered status
Never considered it
Qualified to chartered status
Working towards it
Considering it45%
25%
13%
17%
EngTech qualification
Never considered it
Qualified to EngTech Status
Working towards it
Considering it
79%
4%
16%
of survey respondents5%
26%30 YEARS
of engineers surveyed have worked for more than
in the industry
Subs
eaConfidence Index 2014 | Subsea
51%
12 MONTHS
REVENUESINCOMEand in the coming
of subsea engineers in the subsea sector
its CONFIDENTsay they are
their employer will GROW
of UK engineers would like toMOVE ABROAD
at some point in their career
55%What would be the primary factor in your decision to move abroad?
Lifestylechange
Better pay& conditions
More interestingprojects
9%48% 18%
57%THE AVERAGE INCREASE BEING 4%
Bank of England forecasts of 1.25%
of engineers expect their employer to recruit more staff in the coming year
43%+
17%40
48%of subsea engineersbelieve their companywill increase its overseaswork in 2015
60%
SUBSEA,
GREATEST GROWTHin revenues and jobs in 2015
RENEWABLE ENERGY
that engineers expect to show the are the sectors
AND OIL & GAS
Subs
eaConfidence Index 2014 | Subsea
ENGINEERING INDUSTRY
41%of subsea engineers said they considered
AN AGEING WORKFORCEas the greatest issue facing the UK
0
20
40
60
80
100
Oil &
Gas
Powe
r Gen
’
Rene
wabl
es
Aero
’Ra
il
Auto
’
Most popular sectors for a career change?
58%would consider
To all those answering yes to transferring to another sector why are you considering transferring and what do you hope to achieve?
THE LACK OF STUDENTSSTUDYING STEM SUBJECTS
13%of subsea engineers said they considered
as the greatest issue facing the UK
Thinking about the forthcoming 2015 General Election, if you could ask for three policy initiatives to be included in the political parties’ manifestos that will help drive growth and recruitment in the engineering sector, what would those policies be?
Greater investment in STEM apprenticeships38%
31%
30%
29%
35%
Greater financial support for those studying STEM subjects