Training and Development: Is it worth investing on your team in 2025?

Training and Development: Is it worth investing on your team in 2025?

Many construction service business owners put a lot of emphasis on tangible investments when it comes to growing their business. However, there is one essential component of every enterprise—whether big or small—that needs attention: the training and development of your team.

The role of training and development is crucial, especially in the construction industry, as best practices are constantly evolving. With the rise of new and advanced technology, your team needs to stay up to date to ensure your business continues to grow.

Why is training and development important in the construction industry?

  1. Keeping up with industry trends

    New and more advanced technologies are continuously being released. According to the 2025 Construction Trends report, construction tech and AI are two of the emerging trends in the industry.

    Staying informed about the latest developments is one way to help your team grow. You don’t even need to spend a lot of money on this. Encourage your team to subscribe to Construction Enquirer's free newsletter. You could also consider becoming a member of the Federation of Master Builders, which offers a professional magazine, as well as webinars and events for professional development.

    Attending trade shows in your area is another effective way to stay updated on new products and services, helping you weigh the pros and cons of each.

  2. Addressing the industry-wide skills gap

    One of the most pressing issues in the construction industry is the widening skills gap. The shortage of skilled labour continues to affect many construction businesses, but upskilling your current team through training and development can help expand their skillset and contribute to closing this gap.

    A well-structured training and development programme equips your team to handle more complex tasks, ultimately resulting in a highly skilled workforce.

  3. Enhancing project outcomes

    A highly skilled team enables your clients to benefit from improved project outcomes, which in turn allows your business to take on more projects over time.

    According to a Gallup study, proper training and development can boost employee motivation and job satisfaction, leading to increased productivity. Companies that implemented corporate training saw a productivity increase of at least 17%.

    Additionally, a Forbes survey found that companies investing in training and development experienced a 24% increase in profits, with a 214% higher income return per employee.

Allocating budget and resources for training and development may seem challenging, especially for small-to-medium builders. However, it should be viewed as an investment in your business. Investing in your people helps build a reputable construction service enterprise, ultimately expanding your reach and increasing your profitability.

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