For most construction companies, the recruiting and hiring process is ongoing. The fact that there is a shortage of qualified people in the construction industry should not be a surprise to anyone. According to the Bureau of Labor Statistics, employment in the construction industry will grow at an average 11.4 percent between 2004 and 2014, with almost one million new jobs created within that period.
Despite the predicted need for more workers, the primary working age group (those between the ages of twenty-five and fifty-four years old) is projected to decline, resulting in approximately three million fewer workers in this age range alone. Pair that with the graying (and impending retirement) of the baby boomers, plus the negative image of the industry itself, and recruiting qualified people into construction-related positions has never been more critical. So much depends on a company’s ability to attract, recruit and retain talented people, and there are a number of factors to consider in order to maintain a competitive edge over other companies vying for the same potential employees.