Construction Industry Trends Indicate Employee Retention is Key to Successful Business
The Construction Industry has been steadily growing in the United States for the past several years. As the demand for further development and infrastructure support continues, so does the need for skilled labor. All stages of the construction industry offer opportunities for career advancement, yet a majority of businesses are consistently experiencing high turnover rates.
Over 9 million people nationwide work in the construction industry each year, but most never advance past entry level positions. At Traffic Management, Inc. (TMI®), we are committed to investing in our employees so that they can grow with the company. We find that by retaining current employees, we are able to build a robust and highly-qualified team that is able to keep up with the increasing demand for expert traffic control services.
Here are some retention-focused initiatives to help you invest in your employees:
- Extensive/ Ongoing On-The-Job Training
- Employee Rewards Programs & Award Recognition
- Continued Education (GED / Leadership skills / etc.)
- Promote From Within / Active Upward Mobility
- Skill Development Programs & More
As the Construction Industry evolves, so does the need for skilled employees. Helping your employees grow means helping your company grow. Consider a few retention strategies that focus on training and positive reinforcement to entice your employees to stay with the company for years to come.
Are you “Serious About Safety” like TMI is? Contact us today to ask about the various safety services we can provide your crew. Call (800) 763-3999 or visit trafficmanagement.com