UK construction industry continues to grow for 8’th consecutive month
The UK construction industry continued its positive trend throughout December, a market survey compiled by Markit has recently revealed.
According to a news report on the matter, the Markit/CIPS UK Construction PMI index reached a higher than expected value over the course of December, namely 62.1, which is still slightly down from 62.6 in November, the highest reading since mid-2007.
Plus, the survey indicated the biggest growth in commercial projects since 2007, before the financial crisis, but housebuilding remained the fastest growing area of the sector, following a pick-up in housing market activity and the government scheme to boost access to mortgages.
The report also suggests that greater confidence in the economic outlook meant clients were spending more, providing additional work for construction companies and residential developers alike.
In order to properly capitalize on their growth prospects, firms of any size involved in this field should also seriously consider the implementation of solid and reliable workforce management solutions, and this is specifically where Tensor could put its extensive experience in the field to very good use.
The Tensor WinTA.NET Time and Attendance solution will make staff management a much easier and more streamlined process. The platform supplies and extensive level of functionality, from simple clocking when arriving on site to complex operations, such as specific job costings and export to payroll features.
Additionally, Tensor plc supplies a very versatile access control solution for companies actively involved in the construction segment. Construction workers and other people who hold a CSCS card can use their existing card to clock onto a Tensor Time & Attendance system and/or gain access to a construction site or similar, or use the CSCS card to gain access through turnstiles or car park barriers.