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Business Advice6 min
Infographic: Tips for Retaining Your Best Employees
There’s been a 5% increase in construction employment in the last year, and unemployment is at a 20-year low. According to projections from the United States Department of Labor, the job outlook from 2016-2026 is expected to grow by 12%, which is higher than average. But even as newcomers are joining the workforce, construction workers are job-jumping for better opportunities within the industry. As the industry strives to amass a workforce capable of meeting the market’s demand for homebuilding, remodeling and overall construction growth, employers will want to bolster their staff with both top recruits and seasoned jobsite veterans. The infographic below has tips on how to build loyalty and retain top talent.
So, what are today’s construction employees looking for?
It’s Not Just About Money
Compensation isn't the #1 indicator of job satisfaction. Your staff is also looking for a comfortable culture, opportunities for advancement and better benefits, including vacation, health insurance and better work/life balance.
Communication Is Key
Your employees stick around longer when you clearly communicate job expectations and schedule regular meetings for feedback and questions.
Give Them Workable Materials
Easy-to-install products help increase job satisfaction. Construction pros appreciate lighter weight products that can be easily carried and cut with standard woodworking tools. LP® SmartSide® Trim & Siding checks both of these boxes.
Offer Career Development
You’ll retain more top employees by giving them a clear path to promotions – and by having senior employees mentor them along the way.
These simple steps will signal that your company is serious about motivating and retaining your most productive employees.
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