Category: Construction

Creating an Incentive Compensation Plan

Creating an Incentive Compensation Plan

High-performing, highly productive employees help drive a business toward growth and financial success. A compensation package that includes something more than base pay can help keep valuable employees on board and performing at peak levels. But an incentive...
Factoring in Flood Risk on Projects

Factoring in Flood Risk on Projects

When coastal storms, snowmelt, or torrential rains cause water levels in rivers, lakes, and streams to rise and flood communities, the damages can be extensive and extremely costly. To protect themselves from potentially large financial losses, construction companies...
The Value of Benchmarking

The Value of Benchmarking

It may seem easy to figure out how well your company is doing – you just look at whether or not you made a profit this month or this quarter. But you need to dig deeper if your profits are erratic or not at the level you’d like or expect them to be. You...