The Risks Associated with Blowing Off a Succession Plan

Do you have a succession plan for your construction company? If you don’t, you’re leaving your entire business open to a number of risks.
Unfortunately, a number of companies (both in construction and in other industries) don’t have succession plans. There are a number of reasons for this, but none of them are good. Succession plans are vital to ensure that your company continues on should something happen to you or to other key members of your leadership team. If you don’t have a succession plan, learning about the risks that come with ignoring this vital document may make you change your mind.

Helping Your Team Manage Their Mental Health During Uncertain Times

All businesses depend on cohesive and effective employer-employee relationships. In an era of unforeseen circumstances like the Covid-19 pandemic, the need to keep businesses afloat may cause strain in these relationships, thereby leading to a drop in employee output and morale. While these are trying and new times for all, employers and organizations must seek to calm the fears and anxieties of their employees.

[Infographic] The War For Talent: How Construction Companies Can Improve Their Recruiting and Retention Process

These strategies will help construction companies overcome the worker shortage crisis, take on new projects, and ultimately increase profitability.    With the goal of cultivating employee excellence, many construction companies have forgotten the importance of worker satisfaction, health, and retention. The strategies above can help employers, in the midst of a worker shortage, attract prospects,…