Most Firms Don't Plan for Turnover

Although employee turnover is inevitable, many companies don't consider recruiting a priority—and don't budget for it. Big mistake, according to a principal at Natick, Mass.-based ZweigWhite, a design and construction consulting firm. "Most firms budget for pay raises, and that's about it," says ZweigWhite's John Kreiss.

11/01/2002


Although employee turnover is inevitable, many companies don't consider recruiting a priority—and don't budget for it. Big mistake, according to a principal at Natick, Mass.-based ZweigWhite, a design and construction consulting firm.

"Most firms budget for pay raises, and that's about it," says ZweigWhite's John Kreiss. "They don't think about voluntary and involuntary turnover, and then wonder year after year why they can't hire people when they really need them."

ZweigWhite's Policies, Procedures & Benefits Survey found that nearly three-quarters of firms in the construction industry have no recruiting or human resources budget and that the average firm spends approximately 0.5% of net service revenue on those issues. The top reason firms cited for why they didn't spend more time and money on recruiting was that it's "not a priority."

"Firms cannot run efficiently, much less grow, unless recruiting and human resources receive serious consideration and investment," Kreiss says.





No comments
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
Combined heat and power; Assessing replacement of electrical systems; Energy codes and lighting; Salary Survey; Fan efficiency
Commissioning lighting control systems; 2016 Commissioning Giants; Design high-efficiency hot water systems for hospitals; Evaluating condensation and condensate
Solving HVAC challenges; Thermal comfort criteria; Liquid-immersion cooling; Specifying VRF systems; 2016 Product of the Year winners
Driving motor efficiency; Preventing Arc Flash in mission critical facilities; Integrating alternative power and existing electrical systems
Putting COPS into context; Designing medium-voltage electrical systems; Planning and designing resilient, efficient data centers; The nine steps of designing generator fuel systems
Designing generator systems; Using online commissioning tools; Selective coordination best practices
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
click me