DEMOLITION INDUSTRY CAN AVOID 2023 LABOR SHORTAGE

There is one primary concern that is looming over the demolition industry that has business owners concerned. Labor shortages. According to the Associated General Contractors of America’s 2023 Construction Outlook National Survey, supply chain issues, rising costs, & labor shortages are the top concerns they are facing in 2023. All three problems, when combined, have resulted in project delays. Project delays lead to a decrease in revenue, & a decrease in revenue leads to a crisis in your business. 

In times like these, business owners look for solutions to combat the issue head on, & rightly so. Decreases in revenue aren’t minor inconveniences, they can slowly & even quickly put an end to your business if a solution isn’t found. The solution in labor shortages is often to turn towards making the positions you are hiring for more appealing. A step that many have taken, according to the survey, is offering higher pay rates for the positions they seek to fill.

While we aren’t going to suggest this is a bad solution, there is another option the demolition industry can take that not only benefits their business in the short term but expands their businesses success over the long term.