The number of closed and pending transactions for sales of construction companies to ESOPs is compelling. This could be the time of the “ESOP Trifecta.”
Supply Delays and Staffing: Top Concerns in the Construction Industry
A recent survey shows that construction leaders are seeing consistent profit margins and more business, but face challenges with staffing and material costs and delays.
How Workforce Data Can Help Close Contractor Skills Gaps
Tracking experience and emphasizing growth and development can change the perception of working in the construction industry to appeal to the next generation of workers.
Employee Retention Credit May Offer Thousands of Dollars per Employee
Taking advantage of the ERC could make a sizable difference in the cash available to operate a business and help to improve cashflow. For many contractors, this could mean the difference between staying in business or not.
Construction Employment News: September 2021
Here’s a look at employment moves that occurred in the construction industry this month.
Creating a Sense of Urgency Is Beneficial During the Hiring Process
Employers and job-seekers are still learning how to navigate this new normal. Fortunately, many contractors are finding success with the simple strategy of creating a sense of urgency throughout the hiring process.
A Construction Executive’s Personal Liability for Employment Decisions
Liability for negligent hiring, supervision and retention of employees is a risk for tort claims. Fortunately, the risk can be mitigated by best practices and losses can be covered by insurance.
FLSA Provisions Provide Guidance of Construction Employee Classification on Jobsites
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.











