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Home » Topic » Business

Is the Employee Retention Tax Credit a Windfall or a Nonstarter?

by Alex H. Glaser, Curtis R. Hearn | Aug 12, 2021
Business | Legislation | Taxes

Commercial and industrial construction company owners, executives and other professionals need to better understand whether they may qualify for the Employee Retention Tax Credit.

ARA Forecast Shows Equipment Rental Segment Recovering

by Construction Executive | Aug 12, 2021
Business | Economy | Equipment | Heavy Equipment | Vehicles

Equipment rental revenue is expected to explode past its peak totals in 2022, according to the latest forecast released by the American Rental Association.

Take Control of Job Costs With Intelligent, Cloud-Based Solutions

by Michael Bordelon | Aug 12, 2021
Finance | Technology

Advancements in technology are making it easier for users to capture and share data and information. Construction companies that aren’t adapting quickly enough to new technologies that enable connectivity are seeing profits plummet.

Overcome Troublesome Time-Tracking Challenges

by Jacquelyn Grinder | Aug 12, 2021
Business | Productivity | Project Management

For construction companies, tracking time is difficult and critical. Although it might seem to be fairly straightforward to capture hours worked and issue paychecks, many things can go wrong.

Maximize Cash Flow With ACH, Payment Automation and Clean Operations

by Jeff Carson | Aug 12, 2021
Accounting | Business | Project Management

The process of collecting and managing cash is defined as “cash management”—and it is a critical component of a company’s overall financial health. Here are three tactical steps contractors can take to boost cash flow.

COVID-19 Stalls Construction Pipeline in Undersupplied Senior Housing Market

by Bryan Lockard, Deborah Street, Brian Chandler | Aug 10, 2021
Commercial | Economy | Institutional | Markets

As a percentage of existing supply, senior housing units under construction tapered throughout 2020, dropping from peak levels of 7% at the end of 2019 to 4.7% in the first quarter of 2021—magnifying the long-term supply shortage.

Nonresidential Construction Adds Only 2,900 Jobs in July, but Liquidity Remains High

by ABC | Aug 10, 2021
Business | Economy | Finance | Recruitment | Workforce

The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 886,000 [...]

FLSA Provisions Provide Guidance of Construction Employee Classification on Jobsites

by Brian Peterson | Aug 9, 2021
Business | Business Development | Careers | Human Resources | Project Management | Workforce

Construction executives should familiarize themselves with the factors courts take into consideration when determining whether a particular group of workers could be considered employees of their company for FLSA purposes.
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