Hiring, leadership decisions can often be most difficult
April 12, 2013
Running the business side of a construction firm isn't easy, it requires executives to manage many different types of employees and evaluate a lot of unique types of information. Another consideration management teams at firms may need to keep in mind is if the company needs construction software to be housed in the cloud or what types of staff members the company should be bringing on.
Don't overrate experience
Following the proper staffing techniques can answer the question of who will help the firm grow from a technology perspective, while also make the company run more efficiently. Recent research from the analytics firm Evolv's quarterly workforce report found sometimes experience is overvalued in hourly workers when it comes to the productivity that they can deliver to a company. When studying more than 7,000 employees, 28 percent had prior experience and 72 percent did not After six months, there was no discernable different in their performance.
"Finding something [like this] that isn't predictive is almost as interesting as finding something that is," Michael Housman, an analyst at Evolv, told Inc. magazine.
Make sure leaders have the proper skills
Many professionals can work there way up the rungs of a construction company ladder, finally finding themselves in the position to manage a team of employees. Sometimes these workers will find great success in being a leader, while others leave a lot of be desired in the skills of managing others. This is why construction executives must remain conscious of the attributes possessed by their employees, instead of solely relying on their body of work. There have been far too many instances where people are promoted, and they end up being a poor manager.
"We find, more often than not, that someone is a good employee so he or she gets appointed to train others," Housman told the magazine.
Let hourly employees prove themselves
With six out of 10 workers being hourly workers, it gives managers an opportunity to to see the potential of their employees before appointing them to higher roles. The Evolv research also showed the average cost of a hire is $3,500, showing executives that it is not pocket change that is bringing these employees in, they need to be sure they are hiring the right people for the correct role.