Now May Be an Ideal Time to Hire

//Now May Be an Ideal Time to Hire

Now May Be an Ideal Time to Hire

While COVID-19 has certainly had a critical impact on the construction industry, this might actually be the ideal time to hire new employees. After the threat from the coronavirus dwindles down, the talent shortage in the industry will remain. Taking a proactive approach to hiring now can put you at an advantage. Below are some reasons why now may be an ideal time to hire and how you can get ahead of the curve.

What We’ve Learned from the Past

Historically, most periods of economic hardship are followed by periods of growth and opportunity. In the aftermath of COVID-19, businesses will start to bounce back and the demand for construction projects will likely rise. In the past, disasters similar in extent to the current pandemic lead nation’s to reevaluate their infrastructure and resilience. Construction projects will be essential to ensuring the U.S. has the hospital capacity needed to cope with future health scares. Many businesses will also want to renovate their workspaces, so they are better equipped to handle social distancing regulations.

Take Advantage of the Mistakes Other Firms Are Making

Whenever there is a sense of economic uncertainty, it is a natural instinct to lay off employees to cut costs. But unless your construction firm was performing below average before the coronavirus pandemic began, this could be a big mistake. Many firms have been laying off employees during the quarantine, which means there is now a much larger pool of talent searching for job opportunities. In construction, skilled labor is limited, so smart firms will take advantage of the situation and hire top talent now when the talent shortage is less severe. Then, when the economy does open back up completely, you will have an edge over your competitors who reacted out of fear.

Focus on Hard-to-Fill Positions

Every construction firm has positions that are especially difficult to hire for. This is the ideal time to recruit talent for these positions. Unemployment is temporarily high, so these positions will be easier to find talent for than they would be otherwise. While recruiting is going to be a unique experience during the pandemic, it’s still possible. Recruiting firms that specialize in construction will have an easier time matching candidates to your firm during this time, and will be adept at using technology like video platforms to host interviews.

One of the signs of a great leader is the ability to have foresight during times of adversity. While laying off employees may seem like the safe bet, now might actually be the ideal time to hire new construction talent. You want your firm to be in the right position to bounce back stronger than ever when the economy reopens.

 

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By | 2020-05-18T21:35:46-04:00 May 19th, 2020|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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