The construction industry faces a catastrophic skills shortage over the years. Many existing onsite professionals are planning to end their careers and are getting closer to retirement. As a result, careers in construction now have an image problem, particularly for the younger generation. According to an online source Construction Executive, by 2024, . This event will tremendously impact the industry since almost 40% of the current construction workforce will retire by 2031.
As baby boomers are retiring and having a fresh new start, hiring millennials in construction will essentially become your primary target. It should be a requirement for a construction business owner to get to know the younger millennial generation. Understanding millennials, what they want, who they are, how they interact, and how they work will help you attract and retain outstanding talents.
So what can you do to attract and retain millennials in the construction industry successfully? Read below to gain insights and understand more.