2022 Construction Compensation Report

2022 Construction Compensation Report

Reading Time: 2 minutes In the construction industry, labor shortages are always a concern and risk that construction companies face.  Knowing the construction industry salary and benchmark helps businesses understand whether their salary is above or below market....
Implementing ASC 842 Leases for Contractors

Implementing ASC 842 Leases for Contractors

Reading Time: 2 minutes As it gets closer to 2022, now is the time for contractors to review FASB ASU 2016‐02, Leases (ASC 842). The primary focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, as well...
2021 Construction Compensation Outlook Report

2021 Construction Compensation Outlook Report

Reading Time: 2 minutes Construction is a people business (much like CPA firms).  Labor shortage is always listed near the top of any list of risks construction firms face.  Finding and keeping professionals with the technical knowledge and skills to help lead your...
Rising Material Costs Plaguing Construction Companies

Rising Material Costs Plaguing Construction Companies

Reading Time: 3 minutes The COVID-19 pandemic created seismic changes in how businesses operated during the height of the pandemic. As the recovery continues to unfold many have started to thrive again. The demand for products and services is once again robust and...