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
Building Team | May 18, 2022
Bjarke Ingels-designed KING Toronto releases its final set of luxury penthouses
In April 2020, a penthouse at KING Toronto sold for $16 million, the highest condo sale in Toronto that year or the year after.
Building Team | May 17, 2022
MKA’s Embodied Carbon Action Plan will include reporting on carbon reductions for selected projects
Magnusson Klemencic Associates (MKA) recently released its SE 2050 Embodied Carbon Action Plan (ECAP) for 2022.
University Buildings | May 16, 2022
Yale’s newly renovated Schwarzman Center enriches student campus social life
Robert A.M. Stern Architects (RAMSA) recently unveiled the design of their restoration of the Schwarzman Center at Yale University, which includes dining spaces, a bar, and a food shop.
K-12 Schools | May 16, 2022
Private faculty offices are becoming a thing of the past at all levels of education
Perkins & Will’s recent design projects are using the area to encourage collaboration.
Codes and Standards | May 16, 2022
AIA releases Justice in the Built Environment guide
The American Institute of Architects (AIA) recently published a new supplementary edition of the Guides for Equitable Practice, titled “Justice in the Built Environment.”
K-12 Schools | May 16, 2022
A Quaker high school in Maryland is the first in the U.S. to get WELL Gold certification
Designed by Stantec, a Quaker high school is the first in the US to receive WELL Gold certification, which recognizes a commitment to occupants’ health and well-being.
Building Team | May 13, 2022
Glass penthouses rise above Toronto’s tree line
In midtown Toronto, the nine-story midrise building Leaside Common has released its Penthouse Collection: two-floor penthouses that take inspiration from Philip Johnson’s Glass House in Connecticut.
Market Data | May 12, 2022
Monthly construction input prices increase in April
Construction input prices increased 0.8% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
Codes and Standards | May 12, 2022
Solar industry creates non-profit to remove barriers to clean energy deployment
The Solar Energy Industries Association (SEIA) is launching a 501(c)3 non-profit organization to accelerate the transition to carbon-free electricity.
School Construction | May 11, 2022
New Digital Learning Commons at Rutgers supports doctoral programs in over 16 disciplines
The new Digital Learning Commons at the Rutgers University Archibald S. Alexander Library provides students in over 16 courses of study and four professional schools with spacious collaborative and study space.
