The city of Chesapeake, Va., has had to toil hard and manage creatively to get its long-planned Dominion Boulevard improvement project off the ground—literally and figuratively.
The economic recovery that has helped lift general contractors since the end of the recession appears to be producing brighter prospects and strong revenue gains for many Mid-Atlantic region specialty contracting firms.
Faced with economic uncertainty and political unrest in many parts of the world, major global firms are banking on their regional diversity to find pockets of opportunity.
With construction spending continuing to rise toward pre-recession peaks and worker shortages growing for both open shop and union contractors, compensation of craft trades has seen a significant bump—the largest in nearly three decades for some firms.
Related Links: Pay and Diversity Gaps Challenge AEC HR Managers to Boost Role Republicans Put Repeal of Prevailing Wages on Front Burner Average salary increases continue on an upward path for construction employers, particularly for entry- and junior-level staff positions, as firms seek to fill developing workforce gaps.Salaries rose an average of 3.46% in 2014, following increases of 3.16% in 2012 and 3.24% in 2013, says the 2015 Construction-Construction Management Staff Salary Survey published by Personnel Administration Services, Saline, Mich."The market has clearly changed," says company President Jeff Robinson. "[Firms] need people, and, to get them, they need to pay
Related Links: Construction's Jobless Rate Keeps Falling in May Getting Down To Business After a nearly two-year hiring freeze, the Naval Facilities Engineering Command is aggressively recruiting to fill nearly 3,000 positions this year across the U.S., particularly in engineering and procurement slots.NAVFAC's ability to recruit and hire has been severely hampered since 2013, when the federal government underwent sequestration and a shutdown, says Jennifer LaTorre, NAVFAC executive director.After furloughs and two years of attrition, the agency that handles construction for the Navy and Marine Corps has a vacancy rate of roughly 14% globally. These factors created the need to
From the ground level, the U.S. Capitol dome appears much like it did almost 150 years ago, but up-close inspection reveals an aging icon in desperate need of restoration.