6 Minute Read
January 5, 2022
Our whip-smart Gen Z intern wrote this article, because he knew that there are a few simple things construction companies can do to attract and hire young talent into your construction company during a labor shortage.
Check out Chris’s three tips to woo and keep younger workers, and see how you can get onboard.
Number one: An inaccurate budget. Number two: Labor challenges. Number three: Approvals. Number four: Subcontractors, amiright? Project delays may be inevitable, but you can minimize the delay if you’re prepared.
Check out this favorite post to see if the top causes of your construction project delays line up with ours—and what you can do about it.
WIP reports show the status of a construction project: whether it is on budget, over-billed, or under-billed, as compared to the project timeline. This simple statement refers to a wildly complex cash flow, plotted against the progress of the project ... and more important, who’s paying for it, and when.
To no one’s surprise, large construction projects typically take 20% longer than scheduled to finish and come in at 80% over budget.
Read this popular blog to discover a few new tips to get WIP under control.
The road to a profitable construction project begins long before the books are balanced. For a successful construction company, profitability often begins in the hands of estimating professionals—the data-heavy role that maps out every detailed figure, from supply and labor cost, to the margin of error before costs cut into profit.
A construction company will typically cycle anywhere from hundreds to thousands of workers through its HR systems each year. From hiring and onboarding to safety, skills training and benefits, payroll, compliance reporting, the “Great Resignation”—has remained the single biggest issue in the industry.
Properly maintaining equipment is vital to your company’s projects and bottom line. For a contractor with a capital and operating budget of $10 million or more for heavy equipment, even a 1% savings on equipment costs could add hundreds of thousands of dollars directly to the bottom line.
Is it on time? Is it on budget? Everything else is just background noise.
But that background noise is made up of transmittals, submittals, RFIs, email communications, change orders, materials, inventory, job cost and WIP reports, labor hours and wages, union rules, safety regulations, insurance and bonding, compliance data ... AND a whole lot more.
Get these 5 best practices to get your construction change order management process in line. You’ll learn what activities trigger a change order, and what pieces of information your change order should include.
(Hint: Check your contract. Check it twice.)
Why should you care about cybersecurity requirements (even if you don’t plan to become a government contractor any time soon)?
Plenty of reasons: keep your company and customer data safe from hackers and data breaches, modernize and secure your assets against risk and business disruption, and make your business more attractive and competitive… just to name a few.
Good ESG (environmental, social, and governance) business practices are all about making sure a business is sustainable and follows good business practices.
If you’ve heard the term before and aren’t sure how (or if) ESG applies to construction—and to you—start with this blog to get up to speed.
Folks were excited to see how Viewpoint is integrating with the larger world of Trimble construction though new connected, automated workflows. Trimble Construction One is a cloud-based construction management technology platform that drives productivity, efficiency and accuracy at each phase of the construction project lifecycle.
That’s right—each phase. Owners, surveyors, architects, GC’s, project managers, HR and resource managers, payroll and finance, Trimble Construction One is for you.
(Bonus: For a little more detail on Trimble Construction One, See What’s Under the Hood!)
The construction industry still has not recovered from the loss of talented workers during recession of the mid-2000s, as many moved on to other industries and construction’s appeal among younger workers has waned.
But never fear: We’ve got our finger on the pulse of construction hiring, and there are a few simple, painless things you can do — for example, start by making it easier to manage PTO.
Of course, the very best way to stay up to date on all things construction tech is to subscribe to our blog today! We do our best to keep our customers and construction community up to speed on all things construction technology.