You probably haven’t missed the changing environment for employees in industries of all kinds. The labor shortage that construction has been dealing with for years is now gaining a lot of attention on the national stage. If you want to hire workers, you’re going to have to get them in the door with more than a smile. Here’s what you can do.
Higher Pay
It’s no mistake that if you want to get the broadest range of applicants and a higher likelihood that employees will stay once you hire them, you need to pay more. You don’t have to read the news often to know that the entire country is going through a labor shortage, and construction has been dealing with it for a decade. Right now, your ability to secure contracts and complete work is dependent on your success in getting and retaining employees. There are other factors that people look for in a work environment, but the pay is usually the first one on the list.
Benefits
Next on the list for a lot of people is benefits. When most people are dependent on their workplace for things like healthcare and retirement planning, you can expect prospective employees to ask you about it. Even if you can’t offer all the benefits of a larger business, it’s worth doing your research to see what you can offer in these categories at a minimum:
- Healthcare
- Paid vacation and sick leave
- Retirement
The ultimate goal here is for employees to feel like working with you is a benefit, not something that takes away from their ability to take care of themselves, their families and their retirement. That way, any job change they make has to improve upon what they are already getting from your company.
Training/Education Reimbursement
Virtually everyone is on some kind of career path, and your business could be an attractive option to help employees on their way. When you hire people, you may be looking for evidence of education or certain credentials. You can encourage them to keep achieving. It’s tempting to believe that training employees only prepares them to leave, but in reality, the opposite is often true. Employees usually prefer to stay with a company that supports their growth, and providing training or education reimbursement is a good example of that. By comparison, employees are more likely to leave companies when they feel like they are being intentionally kept at the entry-level.
Sustainable Work Schedules
If you have ever had to work long hours just to pay the bills, you understand how unsustainable it can be. You’ve probably had at least one boss who took advantage of your willingness to please to make you come in on your day off or work hours past quitting time. Right now, employees are much less likely to tolerate these kinds of practices. They want to know that they have a defined time that they can expect for work, with the knowledge that the other hours belong to them. Offering a work schedule that they can manage and plan for makes it easier for them to make a commitment to you for the long term.
Remote Work Opportunities
Although the economy tends to swing back and forth between favoring businesses and favoring employees, the pandemic brought a particular aspect of work into the light. Many employees prefer to do at least some of their work in an office or workspace environment, but there are a growing number of people who want the option to work from home as well. Of course, as a contracting business owner, you may do most of your work at the job site. But your employees may appreciate the ability to handle online training or other administrative tasks from home.
Getting over construction’s labor shortage takes businesses that are willing to go the extra mile for their employees. To learn more about how to start a contracting business, visit CSLS today!