One solution for employee salary, stock and variable pay.
www.workstreaminc.com
Home Remodeling & Room Additions FREE Estimate Call (866) 224-0464
MDMConstructionandRemodeling.com
A commercial general contractor Office-Retail construction So.Cal.
www.buschcorporation.com
Earn your Construction Management Bachelor's Degree 100% online!
www.EarnMyDegree.com
Mercer has the data you need. Visit us and learn more today!
www.imercer.com
Get industry overviews, financials, exec bios, news and competitor info
www.Hoovers.com
Construction Estimating Services All Trades Estimating Service
budgetestimating.com
Federal and State Minimum Wages Federal Workplace Compliance Poster
www.MarkKnuckles.com
Bolting, Foundation Repair Residential & Commercial Since 1982
www.townparkconstruction.com
With Over 20 Years of Experience We Reach Higher Construction Standards
www.artmoreconstruction.com
Survey from Management Design that logs responses from California architecture firms.
www.managementdesign.com
Provides fee-based construction salary data for various contruction and engineering positions.
www.pas1.com
Look up salary guidelines for construction and installation industry work. Offers an index of skill specialities.
swz.salary.com
Provides construction industry news, a job search tool and a salary calculator based on your skill set and geographic location.
hotjobs.yahoo.com
One solution for employee salary, stock and variable pay.
www.workstreaminc.com
Home Remodeling & Room Additions FREE Estimate Call (866) 224-0464
MDMConstructionandRemodeling.com
A commercial general contractor Office-Retail construction So.Cal.
www.buschcorporation.com
Guide to Construction Industry Salary Tools
Build construction industry salaries to nail down good workersConstruction pay is subject to bad weather or downturns in the economy that affect construction activity and then spur layoffs. Salaries also reflect position, experience and leadership. For example, construction management salary is going to be greater than the salary of other workers.
When determining pay, consider this construction industry salary information:
1. Construction labor requires a variety of skills, but some projects require specialized training and experience that should be factored into construction industry compensation.
2. Most workers will learn on the job, but formal apprenticeship or internship programs provide the best opportunities and may advance a worker to receive construction management salary.
3. Location will affect salaries in the construction industry, but in many areas there will be competition for jobs requiring limited skills.
Action Steps
The best contacts and resources to help you get it done
Research current construction pay structures
A number of websites offer salary survey information. Many offer basic information for free while providing more detailed findings for purchase. Look at each individual building project separately when determining the amount of workers needed, and then figure wages.
I recommend:
Find base salary, bonus and benefits information for construction and installation positions on Salary.com. Order a salary report from PayScale. Be sure to view a sample report and ordering options.
Keep up to date on industry news as it relates to construction salaries
The construction industry is changing constantly. Keep up with the trends so you can stay on top of your business.
I recommend:
Sign up for a free construction newsletter from AGC SmartBrief. Check out the free e-mail newsletter from Markup & Profit; if you like what you see, click to subscribe.
Look into software options to set construction salary
Make technology work for you by looking into software options when it comes to setting wages. Many software packages exist to help you with your business compensation needs.
I recommend:
Read up on Halogen Software's eCompensation system; then consider ordering a free trial, scheduling a demo or going through a product tour. Compare construction software at 2020software.com. Many construction management software services also feature labor components, an important benefit in the construction industry.
Tips & Tactics
Helpful advice for making the most of this Guide- You can get creative when it comes to setting construction industry salaries. Consider the new trend of paying workers a flat rate by the job rather than hourly or on salary. It may just get the job done on a more timely basis. Once the job is completed, workers are paid and can move on to the next one.
