Does formal training increase profit?

We support the NZQA recognised training of staff, but employers have a choice whether they train staff through NZQA recognised industry training programmes, such as those offered by BCITO, or simply allow them to gain skills informally on-the-job.

Having workers with high trade skills and knowledge flows through to increased revenues, reduced rework and wastage costs, and therefore higher profits.  Industry training can both raise the level of a staff member’s skills and knowledge as well as accelerating the rate at which proficiency is gained.

The BCITO has worked with the Association and others in the National Advisory Groups to develop a return on investment tool for training in your business. You’ll get your ROI result as soon as you complete the tool along with an industry ROI average result.  You’ll also get an email with the dollar value so you have the information, can look at more info on the tool and contact the BCITO.

Take a couple of minutes now to complete the tool and get your results:

Training investment tool for Glass & Glazing

Training investment tool for Architectural Aluminium Joinery.

Employment law update

Employment Court decision puts the cat among the pigeons on overtime.  Employees can refuse to work overtime if there’s no availability provision in their employment contracts. How will this affect productivity?

Read more

Fletcher-commissioned Deloitte report shows building material costs are low…….

The cost of building materials in New Zealand account for between 16-24 percent of the cost of residential housing development costs, depending on the type of building and location, according to a study by accounting firm Deloitte.

Fletcher chief executive Ross Taylor says in a statement that the Deloitte report was a response to the “lack of fact-based research on what is driving costs in New Zealand. We believe it provides valuable information to help move the discussion forward and work on solutions to address housing affordability.” Read the full report below:

Advicewise reports on health and safety prosecutions, and…..

…..concludes that the total for these few cases from last month (February) alone comes to $2.047 million.  That’s the cash cost of the prosecutions.  Add the cost of lost time and productivity (especially for the directors and management) and the picture that emerges is of business unnecessarily losing several millions of dollars every month. Read more here

2019 Design Awards are open

Entries are now open (and close Tuesday 30th April).  This year all entries must be submitted online:  https://www.judgify.me/2019-design-awards
 
2019 Award categories are:

  1. Showroom Award
  2. Designing with Glass – Residential
  3. Designing with Glass – Commercial
  4. Design Awards – Residential under $25k
  5. Design Awards – Residential – $26k to $75k
  6. Design Awards – Residential – $76k to $175k
  7. Design Awards – Residential – over $176k
  8. Design Awards – Commercial under $100k
  9. Design Awards – Commercial over $101k
  10. Eco Award – Commercial
  11. Eco Award – Residential
  12. Innovation Award – Glass/Components/Technology
  13. Supreme Winner

Apprentice Awards (sponsored by BCITO)

  1. Most Promising Apprentice – Glass & Glazing
  2. Most Promising Apprentice – Architectural Aluminium Joinery
  3. Apprentice of the Year – Glass & Glazing – Allan Sage Memorial Award
  4. Apprentice of the Year – Architectural Aluminium Joinery