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
Wood | Nov 1, 2022
A European manufacturer says its engineered wood products can store carbon for decades
Metsä Wood, a Finland-based manufacturer of engineered wood products, says its sustainable, material-efficient products can store carbon for decades, helping to combat climate change.
Data Centers | Oct 31, 2022
Data center construction facing record-breaking inflation, delays
Data center construction projects face record-breaking inflation amid delays to materials deliveries and competition for skilled labor, according to research from global professional services company Turner & Townsend.
School Construction | Oct 31, 2022
Claremont McKenna College science center will foster integrated disciplinary research
The design of the Robert Day Sciences Center at Claremont McKenna College will support “a powerful, multi-disciplinary, computational approach to the grand socio-scientific challenges and opportunities of our time—gene, brain, and climate,” says Hiram E. Chodosh, college president.
Energy Efficient Roofing | Oct 28, 2022
Rooftop mini turbines can pair with solar panels
A new type of wind turbine can pair well on roofs with solar panels, offering a double source of green energy generation for buildings.
Contractors | Oct 28, 2022
How bulletproof is your construction contract?
Three Dykema Gossett attorneys discuss how supply-chain problems are complicating these agreements.
Building Team | Oct 27, 2022
Who are you? Four archetypes shaping workspaces
The new lifestyle of work requires new thinking about the locations where people work, what their workflow looks like, and how they are performing their best work.
Codes and Standards | Oct 27, 2022
Florida’s Surfside-inspired safety law puts pressure on condo associations
A Florida law intended to prevent tragedies like the Surfside condominium collapse will place a huge financial burden on condo associations and strain architecture and engineering resources in the state.
University Buildings | Oct 27, 2022
The Collaboratory Building will expand the University of Florida’s School of Design, Construction, and Planning
Design firm Brooks + Scarpa recently broke ground on a new addition to the University of Florida’s School of Design, Construction, and Planning (DCP).
Codes and Standards | Oct 26, 2022
‘Landmark study’ offers key recommendations for design-build delivery
The ACEC Research Institute and the University of Colorado Boulder released what the White House called a “landmark study” on the design-build delivery method.
Building Team | Oct 26, 2022
The U.S. hotel construction pipeline shows positive growth year-over-year at Q3 2022 close
According to the third quarter Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. construction pipeline stands at 5,317 projects/629,489 rooms, up 10% by projects and 6% rooms Year-Over-Year (YOY).
