By Patrick Hogan, handle.com
A good company always makes the well-being of its employees a priority. When employees are fulfilled and satisfied with their jobs, they are more likely to do well in their tasks, which will lead to the improvement of the overall efficiency and quality of your company’s services.
In a fast-evolving industry such as construction, employee satisfaction is all the more important. Not only is there an ongoing shortage of young construction employees, but the industry itself must adapt to new technologies. To hire and retain employees, you must invest in your people and make sure that they are happy and content with the jobs that they are doing.
What is professional development?
Professional development is a means of engaging your employees and letting them achieve their professional and personal goals. It is one way to allow them to continue learning, keep their set of skills up to date, and make them feel satisfied with the jobs they do.
However, professional and personal development applies not only to employees. It also applies to business owners themselves. Professional development tools are there for everyone in a company to feel content and be excellent at their jobs.
Why is professional development important?
1. Introduction of new methods of construction
The construction sector is a fast-evolving industry. There are new technologies that come up every month or so, and even though you do not need to adopt each of them right away, being up to date goes a long way in construction.
Through professional and personal development, you and your employees will continue learning on the job. Development programs will also attract the kinds of employees who value continuous learning and improvement, and they are who you want to work with in the long run.
2. Improvement of service
When construction professionals are satisfied, the contentment that they feel manifests in the quality of the work that they do. They are more inclined to do their best at their jobs instead of just doing away tasks with minimal effort.
Having a team with up-to-date knowledge will also help you seamlessly transition into using the most advanced technologies. At the end of the day, a team of satisfied and knowledgeable professionals will help improve the quality of the services that you offer.
3. Retention of the best employees
You want to attract and keep the best employees, and one way to do so is to let them know that you are invested in their professional and personal growth. If you regularly ask them about their career goals and you pave the way for them to achieve these objectives, the best employees will remain loyal to you and will continue to perform good work for your company.
5 Strategies for Effective Professional and Personal Development
1. Make professional development a priority
Professional and personal development programs should be a priority and not some token lip service that you tell your people. You need to invest in finding ways to know what your employees want, including the kinds of training that they seek and the types of new knowledge that they want to learn. For example, accounting professionals could be uptrained in lien management, project managers can be upskilled in remote management.
2. Let employees set SMART goals
SMART goals are goals that are Specific, Measurable, Achievable, Relevant, and Time-Bound. Goals that are set the SMART way can help you and your employees assess how meaningful and applicable your career objectives are. They can also help you determine if you meet your goals within the time range that you set.
3. Revisit the goals regularly
Setting goals is no use if you do not regularly review and revisit them. Have the goals been met? Did you learn the things that you wanted to learn? Asking these questions periodically and determining the next steps forward is key in professional and personal development.
4. Establish a mentorship system
Mentorship programs are some of the most effective ways to transfer knowledge from experienced professionals to the so-called next generation. Find your most experienced employees and partner them with the new hires. The transfer of knowledge does not have to be one way either; the experienced professionals can learn too from the younger ones while teaching them the industry’s best practices.
5. Market your professional development program
While the benefits of professional and personal development programs are reaped internally, you should also consider marketing these programs externally. A company that values employee satisfaction makes you desirable for new hires, but it also commands respect from stakeholders. Having an effective professional development program can surely boost your reputation in the industry.
About the Author:
Patrick Hogan is the CEO of Handle.com, where they build software that helps contractors, subcontractors, and material suppliers with late payments. Handle.com also provides funding for construction businesses in the form of invoice factoring, material supply trade credit, and mechanics lien purchasing.
