Why is Construction Recruiting important? The ROI of hiring high performers.
In 2024, the quest for superior talent is more crucial than ever for General Contractors (GCs) across the Southeast, especially in South Carolina. The' diverse skills, backgrounds, and motivations among candidates compared to competition, risk, financial instability, costs of goods and services and potential underscore the importance of securing the best candidates for each role.
But is this pursuit truly worth the effort?
We’ve observed 7 ROI Realities High performers bring to the table for General Contractors.
Productivity Surge: High performers amplify productivity, yielding up to a 3x increase compared to their lower-performing counterparts. Their ability to avoid delays and handle complexity efficiently is unmatched.
Process Enhancement: These top-tier talents drive process improvements, fostering consistency, elevating quality, and enhancing overall efficiency within construction projects.
Magnet for Talent: High performers serve as beacons, attracting other high-caliber individuals keen on collaborating with them, thus enriching the team's dynamics.
Client Satisfaction Guarantee: Establishing a reputation for reliability and excellence, high performers ensure that business is taken care of, enhancing client satisfaction.
Cost-Efficiency: Their expertise enables them to minimize mistakes, reduce waste, and allocate resources optimally, resulting in significant cost savings for the company.
Expanding Horizons: Beyond project execution, high performers open doors to new opportunities, unlocking prospects previously out of reach for the company.
Reduced Risk: Better processes, higher effiiciency and more satisfied clients reduces risk over potential mishires who jeopardize project performance in exactly the same situations.
Of the General Contractors in the Southeast who we work with who are working on Commercial and multifamily markets who are facing growing challenges, we’ve watched how the Contractors who prioritize hiring the best possible candidates for each position have fuller backlogs of work, more accurate forecasting, and significant reduction of issues and crisis that could have been otherwised avoided.
Forge is committed to revolutionizing GCs' hiring processes, and we do this specifically by discovering the potential of each role so that we can attrract and deliver for each specific need.
In today's competitive construction landscape, the pursuit of excellence in hiring cannot be overstated. General Contractors in our market are putting more resources towards securing high performers than ever before. We want to make sure our partners stay in the game and win.