As harmless as it may seem in the moment, buddy punching (especially when done regularly) can have significant long-term financial consequences, costing your company hundreds to thousands of dollars per year. Time theft is a prevalent issue across all industries, … Read More

Resolving the problem of construction theft has proven to be a frustrating task for many construction companies, but it’s all the more important with how many tools, materials, and equipment are kept on site. Accordingly, the construction industry suffers from … Read More

As the demand for housing and commercial properties increases, the labor shortage in the construction industry is ever more apparent.  The construction industry has been grappling with a labor shortage problem for over a decade. Still, as the number of … Read More

HR plays a vital role in the construction industry. Construction HR can encourage productivity in the workforce and ensure quality work for all projects. Here are the responsibilities of HR in construction, and how you can use technologies like the … Read More

Have you ever wondered whether you were paying construction workers too much or too little? How do you attract and retain quality talent while maintaining the proper profit margins? Accounting for labor is integral to determining project costs, but it’s … Read More

Properly managing a project’s finances can be the difference between success and failure. A Global Construction Survey conducted by KPMG found that only 31% of projects end up being within 10% of their original budget. A large part of expense … Read More

Tracking labor productivity in the construction industry is necessary to improve yield without sacrificing quality or compromising safety.  Especially since the industry already grapples with productivity issues (in fact, non-productive tasks cost the industry $177 billion in labor costs per … Read More

Due to the large and complex nature of construction projects, it’s often required to hire subcontractors to complete segments of the project that require more specialized knowledge, like electric or concrete work. Not only does it prevent risk, but it … Read More

NJ prevailing wage laws require that all contractors are paid according to the correct wage rates when working on government-funded construction projects. The New Jersey Prevailing Wage Act describes projects that qualify as public and contracted work paid by a … Read More

Finding sub contract work in the construction industry can be difficult, particularly in larger areas that tend to receive a lot of traffic, but have increased competition for services. Getting steady work can be especially challenging for subcontractors since they … Read More