In the second quarter of 2024, CIRT members continued to be optimistic with the overall Sentiment Index rising. They also answered questions about talent strategies, compensation and other business priorities.
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The way companies transition leadership at the executive level remains a critical indicator of future success and business stability.
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With the labor shortage continuing in full force in the engineering and construction sector, companies that put time, effort and resources into developing a strong corporate culture are attracting top talent, reducing turnover and increasing employee productivity.
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Field positions are the hardest to fill. Discover top challenges for field leaders and how to invest in their development.
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The talent cliff if looming, with 93% of construction industry respondents saying they're having trouble finding qualified talent. Discover more insights into the state of E&C industry talent.
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Findings from this year’s talent development study paint a mixed picture of how construction firms are addressing people development. Leading firms, however, recognize the need for a systematic and strategic approach and are investing in the necessary people and resources to set up long-term talent management programs.
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