Professionals enrolled in our courses are trained by BIM industry experts, in line with the industry standards, and equipped with international project experience. Novatr is bridging the talent gap in the AECO industry by providing highly skilled BIM professionals at zero cost for helping companies save time, money, and resources on hiring. This will help the workers to develop a sense of belongingness toward the company and its people. Host multiple brainstorming sessions and idea bootcamps to make even the last person in the hierarchy feel like they are contributing to the project. People who feel respected, heard, and appreciated are more likely to feel satisfied with their work. Give Due Credits to EmployeesĪcknowledge the efforts of your employees because there is no better encouragement booster than that. Speak about how you expect them to climb up the ranks and how this will impact the growth of the company. Provide Room for GrowthĪt the time of hiring, inform the candidate about company hierarchy and how their role in the organization. When employees witness such infrastructure upgrades, they are more likely to stay around for being a part of the updated ecosystem. These technologies are touted to be the future of work in the AECO industry. Make your organization tech-relevant by embracing softwares BIM and AI. Make provision for rejuvenation spaces that employees can utilize during work breaks. Allow employees to maintain work-life balance by analyzing their output based on work completion instead of punching hours. Here are some fundamental ways through which AECO companies can reduce employee attrition Provide a Healthy Work EnvironmentĬreate a workspace that is encouraging, dynamic, and holistic. Hiring talent requires significant investment of resources and to see that talent walk out of the organization too soon is disheartening. Employees in companies who are avoiding the adoption of new technologies such as BIM, AI, and XR are finding their workspace irrelevant. Technology is revolutionizing the AECO industry to be more agile, cost-effective, and smart. The lack of leadership opportunities discourages them to take more responsibility. They want to lead projects and be a part of the decision-making team so that they can perform at the optimum level. Absence of Leadership OpportunitiesĪs creative beings, AECO professionals want to be heard. Thus, employees find it challenging to think about their future in the company. Young employees are often hired for their expertise in 3D visualization tools which limits their ability to experience other facets of design and execution. This leaves employees with little to no personal time. Design and construction require both office and site work which cannot be contained within corporate working hours. Given the nature of its work, the AECO industry has been under the radar for prolonged working hours. While the senior executives still get their fair share of appreciation, the ones at the bottom of the hierarchy are left feeling insignificant. Lack of AppreciationĮmployees are often unrecognized for their contribution to the successful execution of a project. Below are some of the key reasons why talent retention is becoming a pressing issue in AECO organizations. Why Does Employee Attrition Happen in AECO Companies?Īrchitecture Billing Index (ABI) states that attrition is the highest among young and mid-level seniority professionals. Another report by Zweig Group indicates that attrition was at an average of 13.6% across the AECO industry, with higher numbers scored by architecture firms. While employee attrition is an integral part of the workplace ecosystem, an alarming increase in the number of people leaving organizations has put the AECO industry in a fix.Ī survey conducted in 2021 by Monograph suggests 36.5% of AECO companies experienced a higher-than-usual employee attrition rate. People are continuously joining and leaving companies for various reasons such as better work opportunities, a holistic work environment, competitive salary, and work-life balance. Well, the truth of the matter is that most AECO companies are facing this issue of employee attrition. Does the situation of employee retention in your company resemble “The Revolving Door”?
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