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COST SAVING AND PRODUCTIVITY
INCREASING STRATEGY
A multi-skilled workforce is one in
which the worker possess a range of
skills. He work across craft boundaries









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
SAVINGS
5 to 20% of $7,000,000 = $35,000 to $1,400,000
PROJECT COST -$ 70,000,000
ASSUMED WORKFORCE MANGEMENT -5%
5% OF 70,000,00 -$ 3,500,000
Savings in workforce management cost 35% of
3,500,00= $ 1,225,000

TOTAL SAVINGS IN MULTISKIILING
Labor Cost Savings - $ 1,400,000
Workforce Management Cost Savings –
$ 1,225,000
BUILDING AND CONSTRUCTION
AUTHORITY OF SINGAPORE
INTRODUCED MULTISKILLED
CERTIFICATION .www.bca.gov.sg
MULTISKILL HUNTING
TARGET
Man is of innumerous abilities –
Explore the abilities
Changing the obsolete labour
concept
Skill check list of individual labours
Improved payment to improved skill
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
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 DUBAI
Email :
‘anil@aqqgroup.com ; vk.anil.k@gmail.com’
Call +971 55 9 7 87 665

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Multi –skilled workforce slide (2)

  • 1. COST SAVING AND PRODUCTIVITY INCREASING STRATEGY
  • 2. A multi-skilled workforce is one in which the worker possess a range of skills. He work across craft boundaries
  • 3.        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
  • 4. 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 •-
  • 5. 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 )
  • 6. 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 SAVINGS 5 to 20% of $7,000,000 = $35,000 to $1,400,000
  • 7. PROJECT COST -$ 70,000,000 ASSUMED WORKFORCE MANGEMENT -5% 5% OF 70,000,00 -$ 3,500,000 Savings in workforce management cost 35% of 3,500,00= $ 1,225,000 TOTAL SAVINGS IN MULTISKIILING Labor Cost Savings - $ 1,400,000 Workforce Management Cost Savings – $ 1,225,000
  • 8. BUILDING AND CONSTRUCTION AUTHORITY OF SINGAPORE INTRODUCED MULTISKILLED CERTIFICATION .www.bca.gov.sg
  • 9. MULTISKILL HUNTING TARGET Man is of innumerous abilities – Explore the abilities Changing the obsolete labour concept Skill check list of individual labours Improved payment to improved skill
  • 10.
  • 11. 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
  • 12. In Human Resource Accounting concept a Multi-skilled worker enhance the Human Asset & Capital Value in the Balance Sheet of the Organization
  • 13.
  • 14. 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 DUBAI Email : ‘anil@aqqgroup.com ; vk.anil.k@gmail.com’ Call +971 55 9 7 87 665