Wed Oct 16 21:43:54 UTC 2024: ## Construction Companies Face Recruiting and Retention Challenges Amid Shrinking Workforce

**Scottsdale, AZ** – Construction companies are facing a growing challenge: attracting and retaining a skilled workforce. New data from Arcoro, a leading provider of workforce solutions for construction and specialty contractors, reveals that while companies are making efforts to recruit from diverse candidate pools, they are falling short in crucial areas like culture, training, and performance management.

The data, collected from a 2024 Workforce Survey of nearly 1,500 construction firms, highlights a concerning trend:

* **Limited Focus on Culture:** Only 52% of respondents reported having and promoting a well-defined culture, while 20% indicated they either don’t have a defined culture or don’t promote it.
* **Gaps in Training and Upskilling:** A surprising 24% of companies have not implemented any upskilling techniques, while many rely on outdated methods.
* **Underutilized Technology:** Only 14% of companies use a platform to improve performance management, and a significant 49% don’t use any business intelligence (BI) to aid in workforce planning.

“This new data makes it clear that construction companies will have to up their game to recruit and retain talent in the future,” said Chad Mathias, Senior Vice President of Sales and Strategy at Arcoro. “However, many companies have yet to adopt modern technology for core HR processes, like training or performance management. This represents a real opportunity for the industry to take advantage of HR solutions that enable them to be more efficient and effective.”

The survey underscores the need for a more strategic approach to workforce management within the construction industry. Investing in technology, implementing robust training programs, and fostering a positive company culture are essential to attract and retain talent in the face of ongoing workforce shortages.

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