Poll: Construction Industry Not Attracting Millennials
Contractors looking to boost their ranks with up-and-coming young people could find it challenging to do so, suggests a study released by The Hartford, www.thehartford.com, Hartford, Conn. According to the provider of property and casualty insurance, group benefits, and mutual funds, findings of the study indicate that key industries driving the U.S. economy—including construction and manufacturing—are failing to attract Millennials, 18- to 34-year-olds who make up a group of 80 million people in the United States.
According to The Hartford’s 2015 Millennial Leadership Survey, a vast majority of Millennials (80%) consider themselves as leaders today and want to be leaders in the next five years (69%). Only 7% of young leaders in the third annual survey, however, said they are interested in working in construction, retail, or manufacturing. Other industries that rated low on the Gen Y work wish list are insurance, which 4% of Millennials said they’re drawn to, and wholesaling and utilities at 3% each.
“The results reveal a quiet crisis—a generation of leaders who aren’t interested in many businesses that drive our nation’s economy,” says The Hartford’s Millennial Workplace Expert Lindsey Pollak. “Millennials can help close this leadership gap by widening their career searches and exploring jobs, salaries, and benefits before writing off whole sectors of the U.S. job market.”
Arts and entertainment topped the Millennials’ work wish list, with 40% of Gen Y survey participants saying they want to work in this industry. Second on the list was education at 36%, and technology at 36%. The top way to recruit Gen Y employees is providing a variety of career opportunities, according to 46% of the survey participants in the national poll. Additional recruiting tips from Millennials include offering:
- Flexible work schedules (43%)
- Benefits, such as health, life, and disability insurance (40%); and
- Career advancement and leadership opportunities (33%).
Want to tweet about this article? Use hashtags #construction #leader #leadership #millennial #GenY #benefits