Don’t Procrastinate: In This Market You Need to Think About Hiring

//Don’t Procrastinate: In This Market You Need to Think About Hiring

Don’t Procrastinate: In This Market You Need to Think About Hiring

With engineering and construction unemployment rates at a record low, you should start thinking about hiring now. In other markets, you may have been able to wait to start the hiring process and it wouldn’t be the end of the world, but in this employment environment there’s no room to procrastinate.

Record High Construction Activity

The demand for construction projects has been higher than usual in 2018 and 2019. Businesses are building new offices, families are buying new houses, entrepreneurs are investing in new restaurants. People are looking to grow and diversify their businesses, which has a huge impact on the demand for construction developments. While in the coming years, construction growth will likely level out, the market is expected to stay strong. Civil infrastructure and energy and power infrastructure are especially in high demand. The high demand for construction means there is also a high demand for skilled construction and engineering professionals.

The Talent Shortage

There aren’t enough people with the right skill sets to meet the high demand of construction projects right now. The talent shortage is a major problem. Many firms struggle to meet deadlines because they don’t have the staff to complete projects on time. The constructions firms that will have the most success are the ones who can attract and retain talent. In this competitive employment market, the best way to accomplish this is to be proactive in your hiring process. You should always be interviewing candidates, reflecting on your retention strategies, and thinking about hiring. To increase your appeal to professionals, emphasize your strong company culture and the candidates career path they’ll see by joining your team. It also helps if you’re able to offer a strong compensation and benefits package and showcase career development paths.

Don’t Procrastinate

You can’t wait to start worrying about hiring until you’re desperate. You should be continuously scouting for the best talent. When the market is this strong, the best way to grow your business is to have a team of skilled employees who can meet the expectations for quality, budget, and turnover. This is a candidate-driven market. If you wait until you need to hire someone to start interviewing candidates, it’s going to end up taking a substantial amount of time to find the right talent for your team. There’s also a very good chance that you’ll end up making a bad hire. Instead, you should be always interviewing candidates. It’s the only way to maintain an edge. Working with a recruiter with a highly successful background, also helps. These top construction industry recruiters will give you the upper hand over your competition by giving you access to passive candidates. Plus, these recruiters have laser focus that will allow you to streamline your hiring process.

Because of the strength of the construction market and the current talent crisis, you can’t afford to procrastinate. Now’s the time to make money and reap the benefits of this great economy. Like past booms, this will end one day. You need a skilled and reliable team if you expect to maximize your firm’s potential in this record-breaking construction spending market. I believe the key to maximize success is to continuously search for and hire the very best talent.

How can we help you?

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By | 2019-06-03T14:08:23-04:00 June 6th, 2019|Construction Blog|

About the Author:

The Birmingham Group has been serving the construction industry since 1967. Brian Binke took over the firm in 1995 and since that time, he has personally placed over 1200 construction managers and senior leaders, with company revenues ranging from $10 million dollars to the largest ENR 400 companies in the industry. Brian is an industry innovator, with a specialized skillset in construction. His keen understanding of business, the construction industry, and ability to effectively match and recruit top leaders has led to many accolades. He was ranked the #1 International Billing Owner in the construction industry for his own personal production and has been consistently recognized as one of the Top 10 International Billing Owners out of 800 owners worldwide. This includes owners across every industry. In 2013, Brian was awarded the #1 International Billing Owner within the entire network. For over two decades, Brian has been considered one of the most influential thought leaders in the construction industry. His business and construction knowledge are used as a resource for some of the nation’s most prominent publications. In the past year alone, Brian has been quoted in or authored articles for The Wall Street Journal, CBS News, MoneyWatch, Construction Today, ConstructionDive, United Rentals, Fast Company, Entrepreneur Magazine, American Express, Builder Magazine, and Human Resource Executive, among others. "I believe companies are a lot like sports teams. The team with the best players usually wins. It is my passion to deliver the absolute best talent to my client companies – the market’s top performers, the talent that every company wants to hire but which seldom seems available. To put it simply, I thrive on helping my clients build their Dream Team." - Brian Binke, The Birmingham Group
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