Fill the Pool - Here's how to combat the industry workforce shortage.

 

By Adam Dalva

 

The construction industry is experiencing a fundamental shift as fierce competition for candidates to fill both new and open positions intensifies. The pace of monumental-scale infrastructure construction projects is on the rise worldwide, with current annual global infrastructure demand projected at $4 trillion, according to the World Economic Forum. The U.S. government plans to raise $1 trillion dollars in a private-public partnership to rebuild major infrastructure throughout the country, with a focus on roads, bridges and other major construction endeavors. In addition, technology is transforming the way projects are designed and delivered, and diversity is becoming an increasingly important focus for the industry, expanding beyond race and gender to include diversity of thought, background, and experience.

In today’s environment, technology is essential to construction projects, with virtual design and construction (VDC) maximizing the efficiency, safety, and quality of project delivery. Additionally, innovative applications of building information modeling are leading to the use of new tools in construction, such as laser scanning, virtual/augmented reality, and 4D scheduling, and creating a greater need for personnel to meet the growing demand for VDC. At the same time, the talent pool is dwindling as a generation of baby boomers—the largest generational portion of employees in construction over the last three decades—has either begun to retire or move on to other roles. As a result of these changing industry trends, construction companies are rethinking their strategies to attract, recruit, and retain new workers.

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