How Much Should You Pay Construction Employees?
If you want to attract and keep good employees, you need to pay top dollar.
If you want to attract and keep good employees, you need to pay top dollar.
Hiring the wrong person costs money. It costs more than just the time and expense you went through before hiring, because you’ll spend time and money to fire them legally and properly.
Nothing is more frustrating than to work hard only to find out your business isn’t making money. Michael discusses three things that can make a big difference on the bottom line.
In construction, employees are motivated and engaged when they know the reason behind their work. They need to know their jobs matter.
When subcontractors or employees are approached, they are obligated to notify the general contractor who brought them there, and let him handle the lead.
It’s the time of year when you should be planning for the coming year. Once you set your plans for the year, how much of those plans should you share with your employees?
Issues that eat into profitability: It’s easy to hire someone who looks good on paper. If the resume is terrific and their references are glowing, they get hired.
Have you ever had a client go behind your back and ask your employees and/or subcontractors to work for them outside your company?
We are approaching the time of year when the subject of bonuses comes up. Your employees might be saying, “Do you suppose they will pay us a Christmas Bonus this year?”
If you’ve raised kids in the past 20-30 years, you know the new rules – no one loses, everyone gets a prize. Don’t keep score because it hurts their feelings.
Many old timers in this business will tell you to be slow to hire and quick to fire. That is just the opposite of what too many construction-related businesses do.
A question came about moonlighting employees. This is an ongoing issue for construction business owners.
If a company offers no sick pay or vacation pay…but is about to start – which is more important to offer first, anticipating that the next year we can offer the other?
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