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Page 1: Matchtech_Confidence_Index_2014_Subsea_Results

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

Page 2: Matchtech_Confidence_Index_2014_Subsea_Results

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

Page 3: Matchtech_Confidence_Index_2014_Subsea_Results

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

Clearer energy infrastructure strategy for the UK

Increased infrastructure investment

Greater tax breaks and subsidies

UK Government’spolicies on ENGINEERING

are working

29%

Higher salary Better work/life balance

More interestingprojects

Change ofwork environment

51% 54% 54%66%