Articles Tagged with ''employee retention''

Valuation begins with the owner's own books and operating data to establish what the company is worth today. Its agentic analysis then identifies the factors driving that value, benchmarks the business against peers and highlights the levers with the greatest potential impact.

How can contractors can look beyond wages and traditional retirement benefits to build compensation strategies that reward loyalty, leadership, and long-term contributions to the business?

ADP Research reports that workers hired within the previous three months represented 3.6% of construction employment on average between 2019 and 2025. In 2026, that share has climbed to 4.6%, suggesting that hiring activity is accelerating. Even so, bringing new people through the door is only part of the workforce challenge. As competition for experienced talent intensifies, contractors must focus not only on attracting workers but also on creating reasons for them to stay.

The integration connects Linxup’s driver safety data directly into Applause’s technician scorecard, making it easier for field service businesses to recognize good performance, reinforce safe behavior, and reduce turnover

The Warrior Trades Academy will bring together contractors for hands-on training, strategic planning and peer collaboration focused on finding and keeping skilled employees.

 How do you grow when hiring remains difficult?

With skilled labor in short supply, contractors are facing rising wage pressure and a new reality: keeping talent may be harder than hiring it.

Reverse mentoring is transforming the plumbing contracting industry by pairing seasoned professionals with younger employees. This innovative approach fosters cross-generational learning, enhances adaptability, and drives growth for the business's future.