Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024
John Biggs, writer The construction industry is in the midst of a war for talent on two fronts. The global labor shortage makes it difficult to match jobs with candidates in the first place, but keeping the talent you’ve already got is an equally pressing matter. The U.S .job market as a whole could be
READ MOREBy Jessica Meno, Raken The labor shortage in construction has made turnover an even bigger challenge. For companies, now’s the perfect time to look inward—and make sure your workers are happy to stay. Here are six ways to improve employee retention at your construction business. 1. Pay everyone accurately, and on time Payroll delays and
READ MOREBy Scott Casabona, President, Signatory Wall and Ceiling Contractors Association (SWACCA) It’s no surprise the construction industry is continuing to face unique challenges as we head toward 2022. Contractors and subcontractors across the country have encountered supply chain interruptions, material shortages and rising costs, all while struggling to find qualified workers and trying to protect
READ MOREBy Rachel Burris, NCCER You can help make a difference — not just for the industry, but for the young people who aren’t aware of the opportunities that construction offers. “I grew up in a small town with little education about career opportunities outside of the typical mold of a four-year degree. Back in 2019,
READ MORESmith Currie Named Construction Law Firm of the Year We congratulate Smith Currie being named 2021 Construction Law Firm of the Year by Chambers and Partners USA and its deputy editors. The USA deputy editors at Chambers and Partners USA noted that Smith Currie’s expertise in healthcare-related construction positioned the firm well to assist clients
READ MOREBy Greg Hess, AssuredPartners Many unique risks exist in the construction industry. There are the obvious risks such as operating large equipment, moving heavy loads, transporting shifting materials, performing work at various heights, working with hand tools, etc. Add in the exposures that exist when working with owners, GC’s, suppliers, municipalities and other subcontractors and
READ MORE