The construction industry is facing a crisis of sorts. Its workforce is aging faster than any other industry in the country, and construction companies nationwide are looking to fill multiple positions. There’s one group that industry leaders are hoping will turn it all around – the millennials.
We talk an awful lot about Millennials and Generation Z. How to attract them, hire them, and keep them in our company. Many studies have been done, experts have been consulted, all to figure out the magic formula to keep these younger generations happy and engaged. But what about the aging workforce and its challenges? Aging workforce statistics
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Retool Recruiting to Attract Millennials.. industry, and practices.. "Recruiters and hiring professionals need to recognize that career choice is a two-way street, not a one-way street.".
· Millennials want to work for companies who make a difference in the world and their communities. They want to feel like they are contributing to something greater than just a steady paycheck. “I love my job because I get to assist families with the biggest purchase of their lives and ultimately help them create homes.
The fact that people of older generations have more mortgage debt versus. had to “pay to play” in current economic times for career mobility. Millennials are killing’ certain industries, like the.
First-time homebuyers made up more than one-third of all buyers in 2017, and nearly two-thirds are age 37 and younger.These buyers have a lot in common: They begin their home search online, they worry about saving for a down payment, and they ultimately finance their home purchase.
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Incorporating Millennials into Your Aging Workforce. industry, and practices.. "Why hiring millennials could be good for business" states that this age group pushes the digital.
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With a conventional loan, the private mortgage insurance can also go away — unlike FHA mortgage insurance premiums, which continue to be assessed over the life of a loan, even after you have 20 percent equity in a home. piggyback loans. millennials can sidestep mortgage insurance altogether by choosing a lender that offers "piggyback" loans.