How to Reduce Employee Turnover in UK Construction Industry
Scott Lechley
Solving Construction’s Talent Challenges | Recruitment Solutions for Major UK & International Projects
The UK construction industry has been facing a significant issue of employee turnover. According to research, the employee turnover rate in the UK construction industry is around 20%. This means that replacing good employees can be a costly affair for any company. This not only puts a financial strain on the company but also affects its quality of work and overall productivity. If you're a company in the construction industry facing this issue, there are specific measures you can take to reduce employee turnover.
Competitive Salaries
Salary is an employee's most crucial factor when accepting a job offer. Offering a competitive salary is essential to retain employees. Companies should conduct market research to provide salaries that align with industry standards. Employees who feel they are being paid relatively are less likely to seek employment elsewhere.
Career Progression
Employees need a sense of progression to feel valued and valued by members of their organization. Offering opportunities for career progression shows employees that their employer values their efforts and encourages them to stay in the company. This may include providing training and options for new roles or internal promotions.
Good Working Conditions
Employees spend a significant amount of their day at work, so the environment must be comfortable and safe. This includes providing well-maintained equipment, adequate lighting, and a clean and hygienic workspace. Additionally, a break room is essential so employees can relax and wind down during their break times.
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Recognition and Rewards
It's important to recognize employees for their hard work and contributions. Rewards such as bonuses, perks, and recognition programs make employees feel valued and appreciated. Organizations should provide recognition consistently and offer tips that align with the interests of their employees.
In addition to the measures above, rewarding long-term commitment is essential in reducing employee turnover. Employees who have been with a company for an extended period may feel undervalued or underappreciated if they have not received a pay rise or promotion. This can lead to employees regarding the need to resign and look for better opportunities elsewhere. Regular pay raises, promotions or other recognition for a long-term commitment can make employees feel valued and respected, which can go a long way in retaining them. By doing so, construction companies can create a sense of loyalty among their employees, who will be more likely to stay with the company for the long term.
Clear Communication
Clear communication is critical to retaining employees. Employers should ensure employees know the company's goals and overall objectives. They should also provide clear instructions on job responsibilities and expectations. Regular feedback and communication between employees and the management team can help build better working relationships, which can help to reduce employee turnover.
Conclusion
Employee turnover can be a costly problem for UK construction companies. However, implementing measures such as competitive salaries, career progression, good working conditions, recognition and rewards, and clear communication can help to reduce the risk of this occurring. Implementing these steps can help retain employees, ultimately benefiting your organization by increasing productivity and reducing recruitment costs in the long term.
How We Can Help
Lechley Associates is a UK-based recruitment agency with extensive experience working in the construction industry. With their knowledge of recruitment and HR practices, Lechley Associates can provide expert advice on introducing a strategy to enhance employee retention within a construction company. They can work with the management team to understand the company's needs and challenges and develop a tailored plan to improve retention rates. The program might include a review of salaries and benefits, career progression opportunities, employee engagement initiatives, and other measures to create a positive working environment. With their experience and expertise, Lechley Associates can provide valuable insights to help construction companies enhance employee retention and build a loyal, productive workforce.
These apply here in the States too!
PULSE High-Performance Leadership Advisor | Recalibrating Leadership Energy, Strategy & Growth for Executives
1 年Measuring their experience over the 1st 12 months to ensure they are integrating into their role, in addition to having everything they need to succeed, is also a huge help to retention Scott ??
Director of Operations at Lechley Associates Limited #recruitment #construction
1 年This weeks topic of conversation!