Employee retention is one of the biggest challenges facing the construction industry today. High turnover rates can lead to increased costs, project delays, and a loss of valuable industry knowledge. So, what can companies do to keep their best talent long-term?
We surveyed over 100 construction professionals to uncover the key factors that influence employee retention – and the results were clear:
1. Regularly Updated Salaries – 46%
It’s no surprise that compensation matters. Nearly half of the candidates we surveyed highlighted that competitive, regularly updated salaries are a key driver in staying with a company. In a competitive market, failing to adjust salaries to reflect industry standards can quickly lead to disengagement and turnover.
2. More Training & Promotions – 26%
Construction professionals want to know that they have a future within their company. Providing clear career progression pathways and investing in employee development creates a sense of stability and purpose. Employees are far more likely to stay if they can see a clear route to grow within the organisation.
3. More Flexibility & Inclusion – 20%
The demand for work-life balance is growing across all industries, and construction is no exception. Offering flexible working hours, remote options (where possible), and fostering an inclusive work environment are essential for attracting and retaining talent.
4. Clear Company Goals & Vision – 8%
Employees want to feel that they are part of something bigger. A company with a clear vision and well-communicated goals creates a sense of belonging and purpose. When employees understand how their work contributes to the bigger picture, they are more likely to remain engaged and committed.
Are You Focusing on What Matters Most?
Understanding what motivates and retains employees is key to building a successful team. By offering competitive pay, providing growth opportunities, and fostering a supportive work culture, construction companies can create an environment where employees thrive – and stay.
If you need support in building and retaining a high-performing team, get in touch with us. We’re here to help you attract and keep the best talent in the industry.