How do you overcome the construction industry's talent gap?
The construction industry is facing a talent gap that threatens its productivity, profitability, and sustainability. According to a survey by the Associated General Contractors of America, 81% of construction firms reported difficulty in filling hourly and salaried positions in 2020. The causes of this gap include an aging workforce, a lack of skilled workers, a negative perception of the industry, and a competitive labor market. How can construction managers overcome this challenge and attract, retain, and develop the talent they need? Here are some strategies to consider.