Invest in Your HVAC Team for a Thriving Culture

Every business can ask team members to go the extra mile at certain times; the skilled trades have busy seasons when heavier-than-normal workloads can be expected. During a planned growth period, a company’s capacity can be stretched as it onboards new employees, trains them, and teaches them how to fit into the company’s culture.

Sustained inefficiency and understaffing, however, are different – and the costs of those practices can add up quickly for business owners. Experts estimate the true cost of consistent turnover at about 150 percent of an employee’s annual salary. (See https://bit.ly/turnovercostsyou).

One key element of a thriving company culture is maintaining a trained, efficient staff at the right levels for your business. For contractors who have reached a plateau, strategic investment in employees can be a critical way to get to the next level of performance.

Start With the Numbers

There are quantifiable, proven, business growth guidelines. If you’re a small business owner starting to feel stretched and stressed, it may be time to assess your current situation and consider where you want the company to be a year from now, five years from now, and at retirement.

Start by tracking the company’s performance. Numbers don’t lie. Monitoring key indicators and consulting an expert can give you valuable insight into the business’s health and how to achieve your goals.

For instance, based on performance data, you may realize your operations have remaining opportunities for efficiency. Hiring won’t solve existing inefficiencies; they will grow with the business. Ensure you and your team get the most out of current operations before investing in growth.