Later this year, Democrats in the US House of Representatives plan to restart their push to penalize companies that compensate their workers as independent contractors when, by law, they should be classified as employees and compensated as such. Of course, there are many legitimate uses of...
This Week's Second Look
The merger and acquisition (M&A) market took a nosedive in recent years, but rebounded swiftly. Investors who pulled back on purchases previously are looking to make use of their cash reserves while interest rates are low and tax rates are advantageous. If you are looking to sell your business...
If you have worked in the construction industry for any amount of time, you know that payment is not guaranteed. You also know that even if you are paid, it is often later than originally promised. This is because the construction industry runs on credit. You provide labor and materials that you...
The Piedmont at River Oaks is a four-story luxury apartment complex comprised of 80 residential units and a parking garage. Located in Montrose, also known as “The Heart of Houston”, the residents are minutes from restaurants, parks, museums, retail and running trails. Built in 2006, time and...
Some worksites may look like a scene from one of the Terminator movies soon if construction firms adopt widespread use of bionic suits for some of their skilled craftsmen and women.As far as we can tell, no one in the industry believes the exoskeletons will be widely adopted until the year 2020....
The following article originally appeared in the January newsletter to clients of FMI Corporation. Reprinted with permission.The war for talent continues and exacerbates. Many industries seek the logical, orderly minds that are the hallmark of our industry’s best project managers and...
According to Meredith Watassek, Director of Career and Technical Education at Fort Bend Independent School District, “A sustainable workforce starts by educating the middle and high school student and their parents and counselors to the viable career options in construction and other career and...
In the construction industry, there are many terms that attorneys have written into modern-day contracts to confuse contractors with legalese and intimidate them into agreeing to terms they do not fully understand. Learning these terms is essential to the survival and success of construction...
Construction Career Collaborative (C3) offers the construction workforce development professional certificate course developed by National Center for Construction Education & Research (NCCER). The course, focused on preparing individuals to run the...