Over the past few years, it has been abundantly clear that many contractors have their choice of work and not enough resources to handle all of the opportunities. That abundance commonly leads to the labor field being able to bounce between companies for quick wage increases, leaving company owners and management struggling to keep fully staffed with qualified people.
Charles Petersheim, a small construction business owner and blogger at Builder, recently shared some “field-tested” tips that he used to retain his most valuable employees. I’m going to paraphrase them below, but I encourage you to read the entire article, titled “Six Field-Tested Tips to Retaining Valuable Employees” over on Builder.
Petersheim has found that the following solutions have helped in employee retainage:
A 401K program with a delayed vesting schedule
Paid holidays, vacation, and flex times
Purchasing the most productive employees personal trucks, but keeping the title and ownership
Improving the day-to-day quality of the jobsite by making sure it stays very organized and allowing for long weekends
Reviewing the overall compensation and benefits with each employee regularly, so that they can see the full value the company is offering
Creating a culture of family
The author goes into much deeper detail on each topic in his blog post and I once again encourage you to read the full post.
Full story: Six Field-Tested Tips to Retaining Valuable Employees | Builder
[sponsored] In a world where construction is desperately seeking young people to fill the gaps of an aging workforce, it seems pretty obvious that someone should have come up with a way to incorporate video games into the construction process. Well, thanks to Buildfore’s CtrlWiz, someone finally has, and it allows users to manipulate 3D models within Navisworks with an Xbox controller.
As the United States just recently suffered another tragic and deadly construction incident involving civilians after a crane collapsed in Seattle over the weekend, we’re reminded that the bridge collapse on FIU’s campus in Miami in early 2018 still has many unanswered questions.
There’s no doubt that pop culture shapes the way people think, especially when it comes to interest in certain activities. The narrative for the past few years in the construction industry has been that there is a workforce shortage…that young people aren’t interested in working in construction. It’s no secret that kids love cartoons, though.
On Thursday, April 18th, the New York City Council passed what they are calling “NYC’s Green New Deal,” which legislators hope will greatly reduce the city’s greenhouse gas emissions. In order to achieve those results, several mandates included in the legislation will have major effects on the construction and real estate industries.
One of the most highly used and versatile pieces of equipment on any construction site is a compact loader, also known as a skid steer, or by the name of one of its common manufacturers, “Bobcat.”
For the past 3 years, Seattle, Washington has had the most construction cranes out of any United States city. But, as we know, from various videos and news stories, a crane collapse can have absolutely devastating consequences. On Saturday, a crane collapsed in downtown Seattle onto an open road below, killing two construction workers, 2 pedestrians, and injuring several others in the process.
Modular construction, on paper, should vastly speed up the process of construction as well as increase the quality. Sections or rooms of buildings are pre-assembled in an environmentally controlled room offsite and then shipped to site as needed. In reality, though, there are many challenges that have kept this type of construction from being more popular. That doesn’t scare hotel giant, Marriott, though, as they are currently underway on the world’s tallest modular hotel.
Augmented Reality (AR) is often thought of as an interesting new twist on video games, but, in reality, it has some great potential for solving some common problems in construction. BigRentz, a construction equipment rental company, recently shared an infographic of 6 applications of AR in construction.
It’s that time again to begin Construction Junkie’s annual search for the best construction podcast! Now in our 4th year of the competition, it’s very clear that construction podcasts are gaining in popularity.