© Lawcain | Dreamstime
Construction Companies Invested $1.5 Billion in  Workforce Education

Construction Companies Invested $1.5 Billion in Workforce Education

July 12, 2023
Companies invested 8% of payroll on workforce development in 2022, in response to the need for more than half a million additional construction workers in 2023.

In 2022, Associated Builders and Contractors member contractors invested more than $1.5 billion to provide nearly 1.3 million course attendees with craft, leadership and safety education  according to its 2023 Workforce Development Survey

This number was down from $1.6 billion in 2021.

The annual assessment quantifies the scope of ABC members’ workforce development initiatives to advance their employees’ careers in commercial and industrial construction to build the places where Americans live, work, learn, heal and play.

Key findings include:

  • ABC contractors invested an average of 8.0% of payroll on workforce development in 2022, up from 7.4% in 2021, responding to the need for more than half a million additional construction workers in 2023.
  • Safety education for more than 700,000 course attendees accounted for the greatest share of spending, at 59%, up from 56% in 2021.
  • Trade and specialty contractors boosted their share of the total workforce development investment, growing to 42% in 2022 from 33% in 2021.

 “ABC member contractors are investing in flexible, competency-based and market-driven education methodologies to build a construction workforce that is safe, skilled and productive," said.Greg Sizemore, ABC’s vice president of health, safety, environment and workforce development. in a statement.

" Continually upskilling our people, our most valuable asset, means the merit shop construction industry is ready to build the infrastructure, manufacturing plants, data centers and other buildings that will keep America competitive in the global marketplace,” Sizemore added.

ABC’s all-of-the-above approach to workforce development has produced a network of ABC chapters and affiliates across the country that offer more than 800 apprenticeship, craft, safety and management education programs—including more than 300 government-registered apprenticeship programs across 20 different occupations—to build the people who build America.

About the Author

EHS Today Staff

EHS Today's editorial staff includes:

Dave Blanchard, Editor-in-Chief: During his career Dave has led the editorial management of many of Endeavor Business Media's best-known brands, including IndustryWeekEHS Today, Material Handling & LogisticsLogistics Today, Supply Chain Technology News, and Business Finance. In addition, he serves as senior content director of the annual Safety Leadership Conference. With over 30 years of B2B media experience, Dave literally wrote the book on supply chain management, Supply Chain Management Best Practices (John Wiley & Sons, 2021), which has been translated into several languages and is currently in its third edition. He is a frequent speaker and moderator at major trade shows and conferences, and has won numerous awards for writing and editing. He is a voting member of the jury of the Logistics Hall of Fame, and is a graduate of Northern Illinois University.

Adrienne Selko, Senior Editor: In addition to her roles with EHS Today and the Safety Leadership Conference, Adrienne is also a senior editor at IndustryWeek and has written about many topics, with her current focus on workforce development strategies. She is also a senior editor at Material Handling & Logistics. Previously she was in corporate communications at a medical manufacturing company as well as a large regional bank. She is the author of Do I Have to Wear Garlic Around My Neck?, which made the Cleveland Plain Dealer's best sellers list.

Nicole Stempak, Managing Editor:  Nicole Stempak is managing editor of EHS Today and conference content manager of the Safety Leadership Conference.

Sponsored Recommendations

Avetta Named a Leader in The Verdantix Green Quadrant: Supply Chain Sustainability Software 2024

Nov. 26, 2024
Avetta was named a leader by Verdantix in a 2024 sustainability software report for our ability to help clients and suppliers build sustainable supply chains.

Avetta is a Leader in Supply Chain Sustainability Software

Nov. 26, 2024
Verdantix has named Avetta a leader in its 2024 Green Quadrant for Supply Chain Sustainability Software. Download the report for independent insights into market trends and top...

The Power of Benchmarking in Procurement: Driving Success and Strategic Planning

Nov. 26, 2024
Explore the strategic impact of benchmarking in procurement to drive success and plan effectively.

Additional Resources About ESG in the Supply Chain

Nov. 26, 2024
Discover over 20 valuable resources related to ESG in the supply chain, including research reports, global standards, and recommendations for managing ESG risks.

Voice your opinion!

To join the conversation, and become an exclusive member of EHS Today, create an account today!