How Do You Keep Great Employees from Leaving?

//How Do You Keep Great Employees from Leaving?

How Do You Keep Great Employees from Leaving?

For your construction firm to thrive, you need to find talent that will stay loyal. The last thing you want is for your best employee to leave for a rival company. How do you keep great employees from leaving? Keeping great employees from leaving requires an excellent retention plan. Here are some measure you can take to gain the trust and loyalty of your top talent.

Emphasize Transparency and Give Feedback

Employees want to know where they stand, so it’s no surprise that frequent communication and transparency are high on most employees’ wish list. Encourage them to come to your office with their questions and problems and provide them with consistent feedback. Employees want to know what they’re doing well, what they’re doing wrong, and how they can improve. If employees can see how they are making progress, they will become more engaged, and, thus, will be less likely to leave.

Provide Career Development and Training

If you show employees that you care about them as people and as professionals, you will have a much easier time gaining their loyalty and respect. One of the best ways to achieve this is to provide training and career development. This shows you care about their success. Help your best employees develop career plans that will allow them to learn on the job and progress on their career path. Too much talk of career advancement leaves some managers with worries that their best employees are going to jump ship to find better job opportunities, but you would rather your best talent develop and promote themselves within your company than seek validation elsewhere. So, you should do what you can to support them.

Accommodate Generational Strengths

The workplace has become quite diverse from a generational perspective. You have large numbers of baby boomers, millennials, and Generation Xers working alongside each other. It is always beneficial to have people with different point of views working together. However, if you don’t acknowledge generational difference and try to accommodate them, you’re going to end up losing great employees. If your work culture only caters to baby boomers, you’re going to isolate the millennials who you hire. Likewise, if you only try to appeal to millennials, you’ll lose your more established employees. Try to understand what each generation expects from their work environment and find a way to appeal to them.

One of the most important responsibilities of a leader is to create a culture that supports and engages their employees. This is the best way to attract and retain high-quality employees. Fostering career development, communication, and diversity will help you improve your company culture and keep the construction talent you worked so hard to land.

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By | 2019-09-17T11:41:58-04:00 September 17th, 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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