Overtime Pay is Not a Bonus
Overtime pay and bonuses are not the same — learn how construction leaders can build competitive compensation strategies for field employees that drive retention, performance, and recruitment.
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Quick Reads
Don’t Hire Boomerangs, Avoid Losing Talent in the First Place
Make sure employees feel fairly valued, have strong relationships in the company and believe they are a part of the future to eliminate turnover and the need to hire returning workers.
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Engage More Women to Improve Labor Constraints in the Construction Industry
It is no secret that labor participation in the built environment has long been male dominated, but increasingly that is changing as more companies in the engineering and construction (E&C) industry work to attract, engage and retain more women in their workforces. In the context of the sustained labor challenges facing the industry, the underrepresentation of women in the E&C workforce highlights […]
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Is Your Bonus Plan Ready for 2024’s Competitive Environment?
With 2024 underway, some company executives may think it’s too late to make changes to their incentive compensation plans. You still have time to consider critical topics and tweak plans to make sure you’re rewarding employees effectively.
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What Your E&C Peers are Paying and How to Remain Competitive in 2023
With a tight and competitive labor market, making sure your engineering and construction firm's compensation is aligned with the industry is more important than ever. Discover insights from our latest survey data.
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The Truth About What You Should Pay Your Construction Industry Workforce
The topic of conversation across many industries continues to revolve around employees and how to retain your workers. For many companies, the initial reaction is to raise pay, something that employees are also requesting as the competition for labor remains high, inflation hits 6% and heath care costs continue to soar. Given these pressures many firms, especially those in highly competitive or […]
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Compensation Planning: Going Beyond Battening Down the Hatches
Depending on which direction the economic recovery moves in, here’s what E&C firms can do now to prepare for the future, including compensation planning.
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