How to Attract Younger Talent to your Construction Firm
With an aging population aggravating the labor shortage, construction firms must change tactics to attract younger employees.
Builder Insights / Blog
Tag / labor shortage
5 Ways to Attract Employees During a Labor Shortage
If a lack of skilled labor is holding you back, there are some ways you can reach out and entice potential workers.
Retaining Staff During a Labor Shortage
Studies show that replacing an employee costs an average of 6 to 9 months’ salary. When you lose employees, you fall behind on your project schedules and may even have to turn work down. With the current construction labor shortage set to deepen this year, it is more important than ever to create work environments …
Construction Labor Shortage Woes Continue in 2021
2020 Figures show the construction industry will need an additional 430,000 workers in 2021.
Tips for Recruiting New Talent Online
Replacing employees is a difficult and costly job, especially during a pandemic. Putting some time and effort into your recruitment process will help you find the right person for your company. The best way to do this during a pandemic is online. Start by creating a detailed job listing. One tip here is to focus …
Labor Still the Number One Challenge for Builders
The December survey of the NAHB/Wells Fargo Housing Market Index found that 87% of construction professionals site labor shortages and increased costs as their number one concern moving into 2020. Looking back, only 13% of construction professionals thought labor shortages would be a problem in 2011. That number jumped significantly in 2014 when it reached …
Growing Labor Shortages Raise Concerns
According to the NAHB/Wells Fargo Housing Market Index (HMI) survey, construction labor shortages are even more widespread than they were last year.
