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A seminar Presentation in Big 5 International Construction and Building Material Show , Dubai World Trade Centre, 26th Nov, 2013
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MULTI-SKILLED WORKFORCE
COST SAVING AND PRODUCTIVITY INCREASING STRATEGY
MULTI-SKILLED WORKFORCE DEFINITION
A multi-skilled workforce is one in which the worker possess a range
of skills. He work across craft boundaries
MULTI-SKILLING ADVANTAGES
Multi-skilling increase labour productivity
Reduce number of trade people Cater for critical skill shortage Create more flexible labour force Improves project performance Better utilization of current pool of of
skilled workers Allow full deployment of qualification
across the projects
MULTISKILL SAVINGS – FROM THREE SECTORS
FIRST SECTOR-SAVING IN INDIRECT LAOUR COST-IDLE HOURS PAY
-HOLIDAY PAY--ACCIDENT –PAY
-EMPLOYEE ACCOMMODATION –-EXPENSE-EMPLOYEE -PASSAGE EXPENSE
-EMPLOYEE TRAINING EXPENSE -VISA EXPENSE ETC
SECOND SECTOR-INCREASE LABOUR PRODUCTIVITY
THIRD SECTOR-REDUCE LABOUR TURN OVER
• -
RESEARCH REPORTS
Research Results (Centre for Construction Industry
Studies &American Society of Civil Engineers )
)MULTI-SKILL SAVINGS
5 to 20% labour cost savings, 35% reduction in required work force 47% increase in average employment
duration
SAVINGS IN REDUCING LABOUR COST A STUDY
Project Value : $ 70,000,000
Labour Cost Saving 5 to 20%
Assumed Labour Cost : 10% of the project value
Labour Cost for the project : 10% of $ 70,0000,000 - $ 7,000,000 SAVINGS5 to 20% of $7,000,000 = $35,000 to $1,400,000
SAVINGS IN REDUCING WORKFORCE -35%- A STUDY
TOTAL SAVINGS IN MULTISKIILINGLabor Cost Savings - $ 1,400,000
Workforce Management Cost Savings – $ 1,225,000
PROJECT COST -$ 70,000,000ASSUMED WORKFORCE MANGEMENT -5%5% OF 70,000,00 -$ 3,500,000Savings in workforce management cost 35% of 3,500,00= $ 1,225,000
PRACTICAL SUCCESS OF MULTISKILL LABOUR FORCE
BUILDING AND CONSTRUCTION AUTHORITY OF SINGAPORE INTRODUCED MULTISKILLED
CERTIFICATION .www.bca.gov.sg
MULTI-SKILL HUNT
MULTISKILL HUNTING TARGETMan is of innumerous abilities – Explore the abilities
Changing the obsolete labour concept
Skill check list of individual labours
Improved payment to improved skill
METAMORPHOSIS EFFECT IN MULTI-SKILLING
AN EMPLOYEES COMES OUT THRU A METAMORPHOSIS AND TURNS INTO A MULTI -
SKILLED
AS SAME AS THE EGG OF A BUTTERFLY, WHILE A HUMAN RESOURCES IS IMPLANTED
IT GOES THRU A METAMORPHOSIS AND FLIES OUT LIKE A BEAUTIFUL BUTTERFLY
AFTER A PERIOD OF WORK -CYCLE
A MULTI-SKILLED WORKER IS AN ASSET & A CAPITAL
In Human Resource Accounting concept a Multi-skilled worker enhance the Human Asset & Capital Value in the
Balance Sheet of the Organization
A PRESENTATION BY ANIL KUMAR The Big 5 ,
Construction and Building Material Show,
on 26th Nov 2013 at Dubai World Trade Centre
FUTURE TOWERS CONTRACTING DUBAIEmail : ‘[email protected] ; [email protected]’Call +971 55 9 7 87 665