Workforce Diversity in Construction Improves Productivity and Profits
Cathy Chatfield-Taylor, Autodesk
The construction business gets a bad rap for not being diverse enough. True, the sector may lag behind other industries, but construction companies are beginning to foster a more diverse and inclusive workforce—and earn the returns.
The business case for diversity demonstrates that it boosts employee engagement, job satisfaction, and performance. In the 2018 report “Delivering through Diversity,” McKinsey finds that firms with diverse executive teams are up to 33% more likely to outperform their competitors.
Productivity gains begin when companies step up recruitment and retention and improve workplace D&I. The result is a more efficient and effective workforce where all employees are supported to work to their full potential.