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Conquering the Compensation Conversation

Construction Business Owner

Conquering the Compensation Conversation. Compensation can be an icky subject. While “icky” might be the least technical adjective to use, many business leaders feel their skin crawl as the topics of base compensation and bonuses enter the conversation. Alex Headley. Mon, 05/24/2021 - 07:30.

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Consider Collectively Bargained Workers' Compensation

Construction Business Owner

Collectively bargained workers' compensation gives building trade unions and union contractors the ability to create their own workers' comp system, tailored to their specific needs. You may have also heard of collectively bargained workers' compensation referred to as "carve outs" in the traditional workers' compensation system.

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Louisiana Contractors – Workers Compensation Insurance

Construction Law Monitor

Back in 2009 this blog reported on the very topic of Workers Compensation insurance, stating that 1 and 5 businesses are breaking workers compensation laws. The main reason being is due to the exorbitant price of this insurance on contractors. Workers Compensation is codified in Louisiana under Revised Statute 23:1021 et seq.

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California Contractors Need Workers Compensation Insurance, or else…

Construction Law Monitor

In one of JD’s tweets last week I discovered a very informative article by Matthew Hicks regarding Workers’ Compensation Insurance law and jurisprudence in California. The bottom line here is that all California contractors need to be sure to maintain proper and adequate workers compensation insurance. Isaak, 149 Cal.App.4th

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How a Compensation Strategy Helps You Compete for Talent

Construction Business Owner

How a Compensation Strategy Helps You Compete for Talent. Compensation strategy is often limited to the financial side of business, but a well-designed compensation plan is much more than a budgeting tool. Main Image. Compensation. Mon, 10/31/2022 - 10:20. Fill out the form to download the white paper. .

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Americans’ Personal Income, Savings Increase Double-Digits

Pro Builder

Employee compensation and personal savings rates increased as well, mainly due to the Coronavirus Response and Relief Supplemental Appropriations Act, says the National Association of Home Builders. Employee compensation grew from 0.5% in December 2020 and inched up 0.7% in January. increase in December.

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2020 Guide to Construction Cost Estimating

Job Order Contracting

Based upon contract requirements, local labor costs may be sourced from published Davis Bacon Wage Rates, or published or researched local prevailing wage rates with appropriate inclusion markups for worker compensation, unemployment, liability insurance and allowance for small tools and consumables. Quality / Quantity.