When you hire a minority employee, you’ve often hired someone with a greater ability to adapt. This is a person that has likely overcome adversity and may have better “survival skills” than most. That’s an advantage to any construction industry company.
One of the questions on the government’s Office of Personnel Management’s website reflects many construction industry companies’ unspoken thoughts: “Are there really any tangible benefits to diversity and inclusion? Isn’t this just corporate jargon?”
The advantages of diversity in the workplace are real:
- Broader range of experiences added to decision-making and problem-solving
- Greater employee retention
- Higher employee morale
- Improved company reputation and brand perception
- Increased productivity and profitability
Construction Industry Companies Can Be Leaders in Diversity
Construction projects serve as a critical stabilizing force in many communities, especially during the pandemic… economic focus will turn to construction projects and their capacity to serve as a catalyst for economic growth. –Construction Dive
You will be encountering more construction industry projects that have diversity requirements. Avoiding those potentials for profit because you don’t know how to track and manage reports proving diversity compliance is a formula for failure.
The right software can:
- Eliminate security issues (subcontractors emailing personal worker information)
- Lower liability (run data-checks to ensure project compliance)
- Provide a single location for contractors/subs to submit workforce data
- Provide real-time information
- Reduce errors caused by manually inputting data into spreadsheets
When bidding on projects that include diversity hiring initiatives and requirements, being able to say you already have the process in place gives you a competitive edge. “This is an opportunity to demonstrate how your projects bring opportunity and positively shape communities for generations to come,” says software company SkillSmart*.
Technology for the Construction Industry Increases Your Profits
Any software that gives you better management and tracking capabilities is an investment; not an expense. The building permit data we have provided since 1989 was, for many construction industry companies, their first investment in acquiring information software technology provides.
Call 800-925-6085 or contact us to learn more.
*Construction Monitor does not recommend nor endorse any technology company products (except ours). References are for informational use only.