Construction companies have leveraged their use of technology and social media tools to create an employer-of-choice brand image, winning them new business.
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Construction companies have leveraged their use of technology and social media tools to create an employer-of-choice brand image, winning them new business.
The opportunity to creatively leverage technology once on the job is critical to retaining millenials as engaged and productive workers.
Construction companies are recognizing generational differences like instant messaging versus meetings to accomplish tasks more efficiently and change with the younger crowd.
In this second of a three-part series of technology articles, we’ll look at examples of how construction companies have leveraged their use of technology and social media tools to help accomplish this goal—particularly among the 75 million millennials (currently ages 19 to 35)1 that represent a prime recruiting market.
As the newer generation further immerses themselves in the digital world, technology is becoming the key differentiator in not only winning new business, but attracting new employees.
In a recent research brief on workforce challenges in the construction industry, FMI examined not just the big picture for attracting talent, but also key generational differences that are important to recognize. For example, millennials are widely known to have a strong social need to communicate with peers via digital tools, such as such as Instagram, Twitter, Facebook and other collaboration technology. The ramifications of that generational wiring are two-fold: A strong social media presence is key to recruiting millennials, and the opportunity to creatively leverage technology once on the job is critical to retaining them as engaged and productive workers.
Let’s take a closer look at how some construction companies are leveraging technology to address these challenges:
In fact, 84 percent of the workforce is 35 or younger, and the co-CEOs are both in their mid-30s.The company has successfully attracted millennials with a collaborative, open-door management structure, and a heavy focus on technology tools to facilitate internal communications and external marketing and customer relations.3 This includes the use of virtual employee blueprints, which are personalized to show potential personal and career development paths within the organization.4 For those reasons, the remodeler was recently honored by Fortune magazine as one the best workplaces in the country for millennials.
In some respects, millennials and prospective employers are on the same page. In fact, a 2015 FMI survey on the millennial workforce showed that competitive pay is viewed as the most important talent management attribute by both candidates and companies. However, the similarities end there. When asked to define the next most important tools for attracting and retaining talent, construction leaders identified enjoyable work environment, training opportunities and challenging job assignments immediately behind pay. In contrast, millennials pointed to work-life balance, personal development and organizational culture as their priorities for selecting one employer over another.7
Technology tools offer an ideal conduit through which to engage younger workers. While older workers might be more inclined to schedule conference calls or traditional meetings for information sharing, millennials often prefer the speed of instant messaging or video conferencing to accomplish the same tasks. Leveraging the latest VDC applications is a signal that the company is embracing technology, which is attractive for millennial employees, who can easily immerse themselves into the project management and collaborative technology it provides. And, when it comes to sharing human resources, benefits, safety or other general company information with millennials, save the paper. Instead, use links, Portable Document Format (PDF) files, webcasts or other secure digital tools to provide the detail in millennials’ preferred medium.
There’s no question that attracting and retaining younger talent in the current environment is an ongoing challenge. However, construction companies that take time to recognize generational differences—and build plans that leverage technology to address those differences—have the best opportunity to position themselves as attractive options for prospective millennial workers and close the talent gap.