There’s a story of a Dutch boy who saved his country by sticking his finger in a dam leak until the wall could be repaired. The analogy seems to fit what Americans are doing to deal with the first quarter 2023 economy. With higher mortgage rates and materials prices, the construction industry is trying to […]
Mortgage Rates Up; Construction Materials Higher 1Q 2023 Read More »
The number of women in construction has increased by almost 50% during the last decade. Still, women make up only 14% of the construction industry workforce. Many Paths. One Mission: Women in Construction Increasing the number of women in construction careers is vital. Building women in leadership positions will also be emphasized during 2023’s WIC
Women in Construction Week March 5-11 Read More »
Almost 70,000 construction industry professionals filled the Las Vegas Convention Center Jan. 31 – Feb. 2, 2023, for what was the largest NAHB (National Association of Home Builders) IBS (International Builders Show®) in years. Attendees took advantage of more than 100 educational opportunities and over 1,300 construction industry exhibitions targeting light construction ideas and solutions. The 3-day
Construction Industry Bests: IBS 2023 Read More »
Inflation, the labor shortage, and a national skills gap have raised construction industry wages like never before. Despite higher pay, hiring, and retention continue to be a huge problem for the construction industry. It’s going to take more than money, especially for hard-to-fill jobs. The work is out there, but contractors may nothave the confidence to
Hard-to-Fill Construction Industry Jobs Read More »
Virtual reality headsets were best-sellers during the winter holidays. The technology uses a heads-up display (HUD) that allows its wearers to interact with a simulated environment. The experience itself is called a first-person view (FPV). The best VR headset experiences are the ones in which you forget you’re wearing a headset. VR is now being used by
Construction Companies & VR Read More »
Most criminals are lazy. They look for easy victims for uncomplicated, hassle-free crimes that won’t take much time. That’s one of the reasons the construction industry is vulnerable to cybercrime. We don’t have intricate or difficult cyber defenses. In fact, many of us have little to no cybersecurity protection. We’re also cybercrime targets because we
Cybersecurity & The Construction Industry Read More »
Construction companies are seeking ways to work with what we’ve got. We have a labor and skilled trades shortage. You can’t control some things, but construction worker productivity is something you can manage. Financial services professional Gary Bartecki says your competitors want to leave you in the dust when bidding on projects. Improving construction worker productivity
Formula To Improve Construction Worker Productivity Read More »
The goals of the Affordable Care Act included: Despite controversy and challenges, the ACA remains the most significant medical insurance overhaul in recent history. Its impact on construction industry healthcare has been notable for companies with 50+ employees. ALEs (applicable large employers) are liable for ACA penalties. Trades with a higher percentage of penalties are healthcare,
Construction Industry High Risk for ACA Penalties Read More »
Inflation, the labor shortage, and a national skills gap have raised construction industry wages like never before. Despite higher pay, hiring, and retention continue to be a huge problem for the construction industry. It’s going to take more than money, especially for hard-to-fill jobs. Because we have more retirees and fewer new hires we must reevaluate
Hard-to-Fill Construction Industry Jobs Read More »
AP (accounts payable) is a critical component of your company’s 2023 management because it impacts your income and profits. There are three accounts payable construction trends impacting our industry this year. In a small business, the person who pays your vendors, subcontractors, and collects tax info for your tax professional is your accounts payable department. This is a
3 AP Construction Trends Read More »
