FMI, a banking and management consultant for the engineering and construction industry, released its latest report, “Millennials in Construction — Learning to Engage a New Workforce.”
FMI determined that Millennials get a bad rap. The younger generation, according to the firm, is loyal to their companies and share similar career aspirations, attitudes, and goals with the older groups.
“While the stigma exists that Millennials are entitled, disloyal, and lazy, it appears that this is not true,” Sabine Hoover, Content Director at FMI, said in a statement.
The survey found that a well-communicated vision, competitive pay, and work-life balance are a few of the most important factors in keeping individuals engaged with their work. Also, a vast majority (96%) of respondents said they were willing to work beyond job requirements to help the business succeed, and 74% said that they expect to remain with their company for more than five years. In addition, Millennials bring new perspectives and ideas to a construction firm.
The report was based on surveys and interviews with 400 workers in the construction industry across the nation. Half of those surveyed were Millennials.
Related Stories
| Jul 19, 2013
Top BIM Architecture Firms [2013 Giants 300 Report]
Gensler, HOK, HDR top Building Design+Construction's 2013 ranking of the architecture and architecture/engineering firms with the most revenue from BIM-driven projects.
| Jul 19, 2013
BIM 2.0: AEC firms share their vision for the great leap forward in BIM/VDC implementation [2013 Giants 300 Report]
We reached out to dozens of AEC firms that made our annual BIM Giants lists and asked one simple question: What does BIM 2.0 look like to you? Here’s what they had to offer.
| Jul 19, 2013
Reconstruction Sector Construction Firms [2013 Giants 300 Report]
Structure Tone, DPR, Gilbane top Building Design+Construction's 2013 ranking of the largest reconstruction contractor and construction management firms in the U.S.
| Jul 19, 2013
Reconstruction Sector Engineering Firms [2013 Giants 300 Report]
URS, STV, Wiss Janney Elstner top Building Design+Construction's 2013 ranking of the largest reconstruction engineering and engineering/architecture firms in the U.S.
| Jul 19, 2013
Reconstruction Sector Architecture Firms [2013 Giants 300 Report]
Stantec, HOK, HDR top Building Design+Construction's 2013 ranking of the largest reconstruction architecture and architecture/engineering firms in the U.S.
| Jul 19, 2013
Best in brick: 7 stunning building façades made with brick [slideshow]
The Brick Industry Association named the winners of its 2013 Brick in Architecture Awards. Here are seven winning projects that caught our eye.
| Jul 19, 2013
Construction lags other sectors, but momentum is building: JLL report
Although the construction recovery continues to lag other sectors as well as the overall U.S. economy, the industry is finally seeing a rebound. Commercial real estate giant Jones Lang LaSalle recently released its Summer 2013 Construction Highlights report, which found that there are some sectors (such as energy and high-tech) driving demand for construction, while a few major cities are starting to record increased levels of speculative office building developments.
| Jul 19, 2013
Must see: 220 years of development on Capitol Hill in one snazzy 3D flyover video
The Architect of the Capitol this week released a dramatic video timeline of 220 years of building development on Capitol Hill.
| Jul 18, 2013
Top Local Government Sector Construction Firms [2013 Giants 300 Report]
Turner, Clark Group, PCL top Building Design+Construction's 2013 ranking of the largest local government sector contractor and construction management firms in the U.S.
| Jul 18, 2013
Top Local Government Sector Engineering Firms [2013 Giants 300 Report]
STV, URS, AECOM top Building Design+Construction's 2013 ranking of the largest local government sector engineering and engineering/architecture firms in the U.S.
