Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024
By Glass Magazine Editorial Staff A recent survey conducted by the New York chapter of Professional Women in Construction (PWC NY) shows that women employed in construction find many benefits to working in the industry and suggests ways to break barriers and increase awareness of opportunities for women. According to the U.S. Bureau of Labor
READ MOREBy Adrienne Smoot-Edwards, Regeneracy; and Mary Klett, ASA Communications The construction industry is built on hard work, careful planning, and the collaboration of numerous trades and professionals. Yet, for subcontractors — the specialists who bring buildings to life with skilled labor, materials, and expertise — the industry’s payment process is a perpetual source of frustration
READ MOREThe AGMT and NACC certification programs are improving the construction industry. By: Jeff Dalaba, AMS, Inc. In recent years, U.S. construction insurance rates have spiked, with water infiltration and losses related to water damage as top risks. A survey of over 340 industry professionals cited most defects and failures were caused by glazing subcontractor and/or
READ MOREBy Emily Martin, Saul Ewing In the long male-dominated construction industry, women have comprised only a small percentage of the trades workforce and leadership positions. Despite significant progress in broadening female representation in the industry, gender stereotypes, workplace discrimination, and legal barriers continue to hinder women’s full participation in the field. However, as more women
READ MOREBy Patrick Hogan, handle.com Small subcontractors face a unique challenge in large commercial construction projects—big opportunities come with big risks. Long payment cycles, retainage withholding, and contract terms designed to protect general contractors and developers can make cash flow unpredictable. Without a solid strategy for managing payments, small businesses can quickly find themselves struggling to
READ MOREBy Jack Biltis, eBacon Navigating certified payroll can feel overwhelming for small construction businesses, especially when pursuing government-funded projects. However, with the right strategies and tools, subcontractors and specialty trade contractors can simplify compliance while unlocking the benefits of lucrative government contracts. This article explores the essentials of certified payroll, common challenges faced by small businesses, and actionable strategies
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