Every industry is experiencing a wave of retirement-age exits. In 2022, the median worker age in the United States was 42.3. But the construction workforce is more hard-hit than others. Some say the problem began during the Great Recession. The construction industry really took it on the chin during the Great Recession. The number of construction […]
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Talent development professional Bryan May calls 2023 “the perfect storm.” We have construction business development and project opportunities we haven’t seen in years. And a labor shortage the likes of which are unmatched in the construction industry. We should have seen it coming, says May. You can no longer ignore the recruiting and retention advice
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In September 2022, 149 Floridians died from injuries related to Ian, and total hurricane property losses could reach $75 billion. It may be one of the costliest hurricanes in U.S. history. Based on recent studies, hurricane-focused construction codes could reduce property damage by more than $1 billion/year in hurricane-prone states like Florida. 3 Ways Florida
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Risk management is key to any industry, especially the construction business. The top construction industry business risks are contractual, environmental, financial, and operational. They can be caused by external factors beyond your control or unanticipated internal factors. 15 Common Construction Business Risks Construction business hazards can become very real damages. They can impact costs, turnaround times, morale,
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Working with your hands was once a low-level job unless you were a surgeon. There’s a new generation of young people ready to be groomed for construction careers, but it’s up to us to get the word out. Let’s provide enough education so the question, “What do you want to be when you grow up?” can
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Construction firms are fighting for talent. The number of construction workers over the age of 55 has nearly doubled and we need to attract 546,000 additional workers this year. If you feel like you’re waging a war for workers, it may be time to re-evaluate what employees want. Construction sales VP Jim Campbell of avidxchange.com says technology is
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Why is one construction company successful and a similar company struggling? How do we attain success? Malcolm Forbes said even a failure is a success if we learn from it. Certified construction business coach George Hedley is a construction manager, author, general contractor, and real estate developer. His article Set Your Sights on Success shares top construction
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The National Association of Women in Construction holds its 2023 conference August 9-12. This year marks the sixty-eighth gathering of men and women in construction sponsored by NAWIC and held at the Portland, OR Downtown Waterfront Marriott. Information and activities will focus on professional construction culture and personal networking as well as education opportunities and
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Your attitude influences construction jobsite safety more than anything else. Posted guidelines and rules, mandatory safety meetings… Nothing promotes jobsite safety more than your visible commitment to working safer. Construction Business Owner recently asked construction business influencers what they believed was the most important factor for jobsite safety. 1. Safety Culture and Awareness “Building a
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If a savvy software engineer is managing your construction business technology, that’s terrific. But it doesn’t mean you don’t need to know what’s going on. If you’re a construction manager, you want to be a part of many conversations. And Construction Dive says you need to acquaint yourself with today’s construction industry buzzwords. Here are
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