In the construction industry, this sentiment is especially pertinent considering how many moving, collaborative parts are involved in a standard project’s completion. To adequately reap the benefits of this projected growth, businesses will need to find a way to fill important positions and overcome the labor scarcity.
It’s up to each individual construction executive to decide what their ideal candidate looks like. Because the labor shortage is such a prevalent issue in construction, poor, rushed hires naturally happen. Financially speaking, it’s estimated that a bad hire can cost a company around 30 percent of their first year’s salary.
To prevent paying a high price for hiring the wrong person and to increase the odds of a new candidate working out, construction business leaders should take time to understand the main reasons why bad hires occur in the first place.
The person in charge of hiring didn’t properly vet the candidate by checking references or conducting a background check or there are other reasons. It’s clear that practicing patience when searching for the right hire will garner significantly more ROI than rushing to bring someone into the company.
Construction companies need to optimize for user engagement with their websites, making it easy for candidates to apply for jobs and research information. An employee who fits in well with a company has a much higher chance of sticking around long-term and contributing to higher team morale. This seems obvious, but there are still a handful of employers who skip this part.
It’s always best for them to choose a firm that specializes in construction, as specialty recruiters will know the industry well and may already have a pool of qualified candidates on hand. If millennials aren’t coming to the construction industry, then construction executives have to find creative ways to get them in the door.
If a candidate seems like they check off all of the boxes needed to be a standout employee, don’t wait to make an offer. In an industry that’s projected to keep expanding, the labor shortage is an obstacle all construction business owners must face head-on

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