Business Management

  • Combating Wild Weather

    The Cost of a Chaotic Climate What does this mean for the construction industry? Quite a bit. According to Forrester Research, weather is the leading cause of business disruptions.1 No other industry is as susceptible to weather’s unpredictability as construction workers who operate outside. High winds from thunderstorms and tropical developments create hazardous environments for

  • Extreme Weather and the Construction Industry

    This fall, the United States was hit with a series of tropical storms that caused extreme destruction and mass evacuations. It’s estimated that together, Hurricane Harvey and Hurricane Irma caused $290 billion in damages. Harvey accounts for the majority of this figure: the rebuild is expected to cost $190 billion, making Harvey one of the costliest weather

  • The Tax Cuts and Jobs Act

    Are you ready for tax “reform?” Thanks to the recently passed Tax Cuts and Jobs Act (TCJA), the tax rate for incorporated businesses will be reduced from its current 35% to 21% for the 2018 tax year and thereafter. Although the business tax cuts are—for the most part—permanent, the tax cuts for individuals are only

  • OSHA’s Silica Dust Standards: First Construction, Now General Industry

    In fall 2017, new Occupational Safety and Health Administration (OSHA) standards imposed strict limits on workplace silica dust exposure in the construction industry. But, OSHA is not stopping there. In June 2018, OSHA will begin enforcing very similar rules for employers in general industry. These new standards are stringent and employers must quickly implement procedures

  • Safety Update: Electronic Record Keeping, Walking and Working Surfaces, Silica, and More

    Electronic Record Keeping You may have heard more than you care to hear about electronic records submission. It’s possible that a number of you have not made your electronic submissions to the Occupational Safety and Health Administration (OSHA) because you think that the standard does not apply to you or because you do not know

  • 6 Construction Industry Trends to Expect in 2018

    Keeping on top of new and emerging trends in the construction industry not only helps keep your company from falling behind, but also helps prepare you for the future. With the continuing growth and evolution of the construction industry, companies must stay up to date if they want to remain competitive. While it can be

  • Five Ways Construction Companies Can Attract and Retain the Best Employees

    Construction is facing a severe skills shortage at all levels of the industry. According to a survey by Building Design + Construction, the lack of experienced professionals and project managers is creating a hiring crisis that has “stymied” architecture/engineering/construction firms in the United States. The labor shortage was a common conversation subject during last year’s

  • What Millennials Won’t Tell You

    Last month I sat down with Amanda Veinott of the High Potential Coach (thehipocoach.com)—and a Millennial herself—and asked what managers might be missing when interviewing Millennial job candidates. Specifically, I asked, “What might surprise these managers once their Millennial hire comes to work?” Here’s what she said: 1. “I’ve never had a real job.” Most

  • Finding and Managing Warehouse Workers Is “In-the-Trenches” HR

    A casual drive around Scranton, Pennsylvania, reveals one of the most significant challenges that local distribution centers face in trying to attract employees: an extremely competitive market. One billboard announces lofty starting salaries at Amazon.com’s newest local warehouse. Less than a mile down the road, another billboard touts jobs at the new Chewy.com distribution center

  • Pipe Insulation Is a Valuable Asset that Must Be Managed

    An Industry Built on Tradition Is Slow to Adopt New Technology The mechanical pipe and valve insulation industry is one of those that is slow to adopt new technology. This is not because the industry is made up of Luddites, but because older industries tend to wait until a technology has been fully proven and