Construction companies in Atlanta and across Georgia struggled in 2018 to manage workforce shortages. Almost three months into 2019 it is apparent this challenge has not weakened the demand or appetite to pursue growth opportunities. According to the 2019 Sage Construction Hiring and Business Outlook Survey, 77% of national survey participants are expected to increase their headcount, while 88% of Georgia survey participants are expected to do the same. Although the expected increase in demand is certainly welcome news, it does come with the challenge of attracting and retaining labor. In fact, 78% of national survey participants are having difficulty filling positions, while 75% of Georgia participants are facing the same. This dichotomy of increasing opportunity versus a limited labor pool has forced many companies to look for ways to maximize their production ability. The results of the survey provide insights not only into expected growth trends but also into how Atlanta construction companies are solving this unique puzzle.
The Georgia survey findings are based on results from 55 industry companies including general contractors, specialty and sub-contractors, architects, engineers and designers as well as material suppliers. The survey consisted of 20 questions pertaining to hiring and workforce practices, business plans, IT and other technology integration. It’s important note that survey participants also included both union and non-union companies.
The construction industry in Georgia is facing the unique challenge of large growth while concurrently managing a growing labor shortage. The survey findings reveal that companies are not avoiding the opportunity but rather finding ways to increase productivity with existing resources. If you have questions about the survey, it’s findings, or need assistance with a construction tax, accounting or audit issue, Wilson Lewis can help. For additional information please call us at 770-476-1004 or click here to contact us. We look forward to speaking with you soon.
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