The Condor Collective are partnering with The FIS on Project Happiness; to better understand the metrics around topics such as mental health, retention, apprenticeships, collaboration, communication and general happiness of the people and businesses that make up the fitout sector.
The Outlook: Construction and the fit-out sector
Construction contributes £117 billion to the UK economy (6%) with 2.4 million jobs in the sector, 7% of the UK total. You are an important bunch!
According to the latest Construction Skills Network (CSN) report an extra 225,000 construction workers may be needed by 2027 to keep up with projections. This means the Greater London construction industry would have to increase current recruitment by 3,450 new workers each year to deliver expected projects, in addition to retaining its current workforce.
For the industry to meet increasing demand, it is imperative that construction leaders have useful and relevant data to inform their decisions around engagement, attraction and retention. Culture and employee engagement are crucial metrics for any construction company in the current climate.
For business leaders to be fully informed, they need access to up-to-date, sector specific benchmarking data relevant to size and location of their business. With this information leaders and employees can more accurately compare, and learn about the successes and challenges most applicable to them.