The Morning Huddle Well Built Series Ep 4: Has this happened to you? A high-potential employee with a bright future shows up one day and tells you, “Sorry, but I got a job offer for more money. I’m leaving.” If you’re like most contractors, the answer is a resounding YES! In this episode, Chad and Matt discuss if and when employees really do leave for money, and what other hidden factors are at play. Here’s a hint: it often comes down to leadership and culture! You will walk away from this episode with some tools to better retain great people, and be a company where people want to work. After that, the guys debate whether it’s feasible to hire executives from outside, or if you need to promote from within. Let us know who you think won the debate in the comments! Subscribe to be notified when new episodes are released on Spotify, YouTube, Apple Podcasts, or LinkedIn. If you’re looking for more ways to engage with the wider construction community, check out our affiliate podcast, The Morning Huddle Construction Show, hosted by Chad Prinkey, Well Built Construction Consulting and Stacey Holsinger from Steel Toe Communications. Tune in every Tuesday morning at 9 A.M. EST on LinkedIn Live for discussions with A/E/C experts, advancing the construction community. 0:00 What is the "Well-Built" series? 4:26 Check-Ins! 13:47 Chad's book "Well-Built: How the Top 2% of Construction Contractors Create Superior Value Profits and Excellence" 17:21 What role does money play in the stay or leave of employees? 41:38 Any advice towards construction companies to avoid choosing of one company over another? 45:13 Can you bring in an executive from outside the company? 59:13 What are we reading and the biggest takeaways from our books? 1:07:10 We'd love to hear from you! Comment your favorite thing from today's podcast! Thank you to our sponsors! Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit: http://www.themorninghuddleconstructionshow.com/ Follow us on LinkedIn: https://www.linkedin.com/company/82318299/admin/dashboard/ Subscribe to our weekly e-newsletter for the latest updates: https://lp.constantcontactpages.com/sl/Ro2QrVt/Themorninghuddlepodcast?__cf_chl_tk=9S8PSaN6zCOUNBhPtHXE.qk8HWtzxNNluBDlsEYhZkg-1726511898-0.0.1.1-8361