High attrition can have a larger impact on construction projects

In a construction business, employees from different departments
play a crucial role in the overall development of the project. You
want the project to end on time; you need to ensure that you have
you men/women by your side and if that is there you can end up
completing it within the given deadline. However, if your men/women
leave the company for any reason the prospect of the project ending
on time gets jeopardized. This is why it is so important to ensure
that the attrition rate of a construction business is low. You got
to take good care of your employees and see that they do not leave
the company for any silly reasons. Reasons can be tackled and
settled by sitting together and having a discussion. This is
precisely the task of the management would be. They need to talk to
the lot who are disgruntled from some reason or the other and try
to root out the issue from its core. Skilled men/women get jobs
easily:- People who work as unskilled laborer may have a hard time
getting another job if they ever want to leave their existing one
but for the ones who are skilled it is never a problem for them.
The construction workers who are skilled and experienced are
required in good numbers by any construction company or contractors
and therefore their exit from your company is in a way can be
looked at some kind of loss to the company. It can have a larger
impact on the company if you do not manage to get a replacement in
time and getting a replacement is one big challenge. The focus
should therefore be on retaining your folks. Try and understand the
core issue why they want to quit. This will help you know if others
also have similar issues and if they have then that can be rooted
out right at the beginning. Projects are delayed due to lack of
manpower:- Crunch in manpower can be a significant problem for any
industry and when it is about construction it can have a
devastating effect on the project. There are numerous projects that
are halted due to lack of workers or just because they have no
workers at all. This is certainly not a good picture to portray. It
shows how ineffective the management is that they can’t hold back
their workers who play such a crucial role in the company. This can
also have an impact on getting future projects. This all works in a
circle and hence you got to get your things right from the very
moment you sense trouble. Boost the morale of the workers by giving
awards:- Giving awards and rewards should be a regular affair in
your company. The management should pick the worthy employees and
give them some kind of gift cards or cash prize or incentives every
quarter. Please note that you do not pick the same guy/gal every
time. Try to pick talents from various departments and give them
their prizes. You can even do this with the contract laborers. This
will motivate the employees and will bring down the attrition.